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), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities 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: Credit Facility Agreement (PPL Corp), Credit Facility Agreement (PPL Corp), Multicurrency Revolving Facility Agreement (PPL Energy Supply LLC)

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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: Credit Facility Agreement (UTi WORLDWIDE INC)

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