Common use of Interest Coverage – Parent Guarantor Clause in Contracts

Interest Coverage – Parent Guarantor. The ratio of EBITDA to Interest Expense (including amounts of capitalized interest) of the Parent Guarantor on a consolidated basis shall, as of the end of each fiscal quarterly period of the Parent Guarantor, not be less than 4.00 : 1.00.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

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Interest Coverage – Parent Guarantor. The ratio of EBITDA to Interest Expense (including amounts of capitalized interest) of the Parent Guarantor on a consolidated basis shall, as of the end of each period of four fiscal quarterly period quarters of the Parent Guarantor, not be less than 4.00 : 1.00.than;

Appears in 1 contract

Samples: Gulfmark Offshore Inc

Interest Coverage – Parent Guarantor. The ratio of EBITDA to Interest Expense (including amounts of capitalized interest) of the Parent Guarantor on a consolidated basis shall, as of the end of each fiscal quarterly period of the Parent Guarantor, not be less than 4.00 : 1.00.than;

Appears in 1 contract

Samples: Gulfmark Offshore Inc

Interest Coverage – Parent Guarantor. The ratio of EBITDA to Interest Expense (including amounts of capitalized interest) of the Parent Guarantor on a consolidated basis shall, as of the end of each fiscal quarterly period of the Parent Guarantor, not shall at all times be no less than 4.00 2.25 : 1.00.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

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Interest Coverage – Parent Guarantor. The ratio of Adjusted EBITDA to Interest Expense (including amounts of capitalized interest) of the Parent Guarantor on a consolidated basis shall, as of the end of each period of four fiscal quarterly period quarters of the Parent Guarantor, not be less than 4.00 : 1.00.than;

Appears in 1 contract

Samples: Gulfmark Offshore Inc

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