Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any of the first four full Fiscal Quarters following the Closing Date, to be less than 2.00:1.00 and, for the following Fiscal Quarters (after the first four full Fiscal Quarters following the Closing Date) to be less than 2.25:1:00.
Appears in 1 contract
Samples: Loan Agreement (MGM Mirage)
Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any of the first four full each Fiscal Quarters following the Closing Date, Quarter ending on 9/30/06 and thereafter to be less than 2.00:1.00 and, for the following Fiscal Quarters (after the first four full Fiscal Quarters following the Closing Date) to be less than 2.25:1:00.2.00:1:00. W02-WEST:LAR\400019853.8
Appears in 1 contract
Samples: Loan Agreement (MGM Mirage)
Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any of the first four full Fiscal Quarters following the Closing DateQuarter, to be less than 2.00:1.00 and, for the following Fiscal Quarters (after the first four full Fiscal Quarters following the Closing Date) to be less than 2.25:1:002.75:1.00.
Appears in 1 contract
Samples: Loan Agreement (MGM Mirage)
Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any of the first four full Fiscal Quarters following the Closing DateQuarter (a) ending on or prior to June 30, 2001, to be less than 2.00:1.00 and2.25:1.00, for the following Fiscal Quarters (after the first four full Fiscal Quarters following the Closing Dateb) ending on September 30, 2001 or December 31, 2001, to be less than 2.25:1:002.35:1.00, and (c) ending March 31, 2002, to be less than 2.50:1.00.
Appears in 1 contract
Samples: Day Loan Agreement (MGM Mirage)