Common use of Interest Charge Coverage Ratio Clause in Contracts

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any Fiscal Quarter described below to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Ratio March 31, 2003 through and including December 31, 2003 2.50:1.00 Thereafter 2.75:1.00 ."

Appears in 1 contract

Samples: Seventh Amendment Agreement (MGM Mirage)

AutoNDA by SimpleDocs

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any Fiscal Quarter described below to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Ratio March 31, 2003 through 2002 2.25:1.00 June 30, 2002 2.15:1.00 September 30, 2002 2.25:1.00 December 31, 2002 and including December March 31, 2003 2.50:1.00 Thereafter 2.75:1.00 ."

Appears in 1 contract

Samples: Day Loan Agreement (MGM Mirage)

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any Fiscal Quarter described below below, to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Ratio December 31, 2001 2.35:1.00 March 31, 2003 2002 2.25:1.00 June 30, 2002 2.15:1.00 September 30, 2002 2.25:1.00 December 31, 2002 through and including December 31, 2003 2.50:1.00 Thereafter 2.75:1.00 March 31, 2004 and thereafter 3.00:1.00 ."

Appears in 1 contract

Samples: Fourth Amendment Agreement (MGM Mirage)

AutoNDA by SimpleDocs

Interest Charge Coverage Ratio. Permit the Interest Charge Coverage Ratio as of the last day of any Fiscal Quarter described below to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Ratio March 31, 2003 through and including December 31, 2003 2.50:1.00 Thereafter 2.75:1.00 2.75:1.00."

Appears in 1 contract

Samples: Day Loan Agreement (MGM Mirage)

Time is Money Join Law Insider Premium to draft better contracts faster.