Common use of Interest Cover Clause in Contracts

Interest Cover. The Company must ensure that the ratio of Consolidated EBITDA to Interest Payable is not, on the last day of each Measurement Period, less than 3 to 1.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (PPL Energy Supply LLC), Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)

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Interest Cover. The Company must ensure that the ratio of Consolidated EBITDA to Interest Payable is not, on at the last day end of each Measurement Period, less than 3 to 1.

Appears in 3 contracts

Samples: Agreement (PPL Corp), Western Power Distribution (PPL Corp), PPL Energy Supply LLC

Interest Cover. The Company must ensure that the ratio of Consolidated EBITDA to Consolidated Interest Payable is not, on at the last day end of each Measurement Period, less than 3 4.00 to 11.00.

Appears in 1 contract

Samples: Agreement (UTi WORLDWIDE INC)

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Interest Cover. The Company must ensure that the ratio of Consolidated EBITDA to Net Interest Payable is not, on at the last day end of each Measurement Period, less than 3 4 to 1. 19.

Appears in 1 contract

Samples: Agreement (Halliburton Co)

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