Common use of Interest Coverage Ratio Clause in Contracts

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the four fiscal quarters then ended to Interest Expense during such period by the Company and its Consolidated Subsidiaries of not less than 3.5 to 1.

Appears in 8 contracts

Samples: 364 Day Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc)

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Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, Maintain a ratio of Consolidated EBITDA of the Company Borrower and its Consolidated Subsidiaries for the period of four fiscal quarters then most recently ended to Interest Expense during such period by Consolidated interest expense of the Company Borrower and its Subsidiaries for that period as reported on the Consolidated Subsidiaries statements of income (or comparable statement) of not less than 3.5 to 1.3.50 : 1.00

Appears in 7 contracts

Samples: 364 Day Credit Agreement (York International Corp /De/), 364 Day Credit Agreement (York International Corp /De/), Credit Agreement (York International Corp /De/)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, Maintain a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended of the Borrower and its Subsidiaries to Interest Expense the sum of interest payable on, and amortization of debt discount in respect of, all Debt for Borrowed Money during such period by the Company Borrower and its Consolidated Subsidiaries of not less than 3.5 to 11.0.

Appears in 6 contracts

Samples: Loan Agreement (Dentsply International Inc /De/), Loan Agreement (Dentsply International Inc /De/), Credit Agreement (Dentsply International Inc /De/)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, Maintain a ratio of Consolidated EBITDA for the period of four fiscal quarters then ended of the Company and its Consolidated Subsidiaries to the sum of interest payable on, and amortization of debt discount in respect of, all Debt for the four fiscal quarters then ended to Interest Expense Borrowed Money during such period by the Company and its Consolidated Subsidiaries of not less than 3.5 to 11.0.

Appears in 5 contracts

Samples: Credit Agreement (Dentsply International Inc /De/), Credit Agreement (Dentsply International Inc /De/), Credit Agreement (Dentsply International Inc /De/)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, Maintain a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries to Interest Expense for the four fiscal quarters then ended to Interest Expense during such period most recently ended, in each case, by the Company and its Consolidated Subsidiaries of not less than 3.5 to 13.50:1.00.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Cytec Industries Inc/De/), Five Year Credit Agreement (Cytec Industries Inc/De/), Five Year Credit Agreement (Cytec Industries Inc/De/)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 5.00 to 1.

Appears in 3 contracts

Samples: Credit Agreement (Interpublic Group of Companies, Inc.), Credit Agreement (Interpublic Group of Companies, Inc.), Credit Agreement (Interpublic Group of Companies, Inc.)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.75 to 1.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Interpublic Group of Companies Inc), Credit Agreement (Interpublic Group of Companies Inc)

Interest Coverage Ratio. Maintain, as of the end of each any fiscal quarter, for the four consecutive fiscal quarters then most recently ended, a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the such four fiscal quarters then ended quarter period to Interest Expense during such period by interest expense on, including amortization of debt discount in respect of, Consolidated Debt of the Company and its Consolidated Subsidiaries during such four fiscal quarter period of not less than 3.5 to 14.00:1.00.

Appears in 2 contracts

Samples: Credit Agreement (Sprint Corp), 364 Day Credit Agreement (Sprint Corp)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, commencing with the first full fiscal quarter after the Closing Date, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Consolidated Interest Expense Charges during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.00 to 11.00.

Appears in 2 contracts

Samples: Credit Agreement (Td Synnex Corp), Credit Agreement (Td Synnex Corp)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, commencing with the first full fiscal quarter after the Closing Date, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Consolidated Interest Expense Charges during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.50 to 11.00.

Appears in 2 contracts

Samples: Credit Agreement (Td Synnex Corp), Credit Agreement (Synnex Corp)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.0 to 11.0.

Appears in 2 contracts

Samples: Credit Agreement (Jabil Inc), Credit Agreement (Jabil Inc)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company Borrower and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company Borrower and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 5.00 to 1.

Appears in 1 contract

Samples: Credit Agreement (Interpublic Group of Companies, Inc.)

Interest Coverage Ratio. Maintain, as of the end of each any fiscal quarterquarter ending on or after September 30, 2002, for the four consecutive fiscal quarters then most recently ended, a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the such four fiscal quarters then ended quarter period to Interest Expense during such period by interest expense on, including amortization of debt discount in respect of, Consolidated Debt of the Company and its Consolidated Subsidiaries during such four fiscal quarter period of not less than 3.5 to 14.0:1.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Sprint Corp)

Interest Coverage Ratio. Maintain, as of the end of each any fiscal quarter, for the four consecutive fiscal quarters then most recently ended, a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the such four fiscal quarters then ended quarter period to Interest Expense during such period by interest expense on, including amortization of debt discount in respect of, Consolidated Debt of the Company and its Consolidated Subsidiaries during such four fiscal quarter period of not less than 3.5 to 14.0:1.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Sprint Corp)

Interest Coverage Ratio. Maintain, as of at the end of each fiscal quarter, a ratio of Adjusted Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended of the Guarantor and its Subsidiaries to Consolidated Interest Expense of the Guarantor and its Subsidiaries during such period by the Company and its Consolidated Subsidiaries of not less than 3.5 3.50 to 11.00.

Appears in 1 contract

Samples: Credit Agreement (Corning Inc /Ny)

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Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, Maintain a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then most recently ended to Consolidated Net Interest Expense during such period by of the Company and its Subsidiaries for that period as reported on the Consolidated Subsidiaries statements of income (or comparable statement) of not less than 3.5 to 1.3.50 : 1.00

Appears in 1 contract

Samples: Credit Agreement (York International Corp /De/)

Interest Coverage Ratio. Maintain, as of at the end of each fiscal quarter, a ratio of Adjusted Consolidated EBITDA for the period of four fiscal quarters then ended of the Company and its Subsidiaries to Consolidated Subsidiaries for the four fiscal quarters then ended to Interest Expense during such period by of the Company and its Consolidated Subsidiaries during such period of not less than 3.5 to 13.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Corning Inc /Ny)

Interest Coverage Ratio. Maintain, as of the end of the fiscal quarter ended September 30, 2008 and as of the end of each fiscal quarterquarter thereafter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 4.50 to 1.

Appears in 1 contract

Samples: Credit Agreement (Interpublic Group of Companies, Inc.)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, Maintain a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to Interest Expense (ii) interest payable on, and amortization of debt discount in respect of, all Debt during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.0 to 11.0.

Appears in 1 contract

Samples: Credit Agreement (Jabil Circuit Inc)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.0 to 1.1.0. Jabil Credit Agreement70 75

Appears in 1 contract

Samples: Credit Agreement (Jabil Inc)

Interest Coverage Ratio. Maintain, as of at the end of each fiscal quarter, a ratio of Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the most recently completed period of four consecutive fiscal quarters then ended to Interest Expense during such period by interest payable on, and amortization of debt discount in respect of, all Debt for Borrowed Money of the Company and its Consolidated Subsidiaries during such period of not less than 3.5 to 13.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Eastman Kodak Co)

Interest Coverage Ratio. Maintain, Consolidated EBITDA of the Company and its Restricted Subsidiaries for the four fiscal quarters ended as of the end of each fiscal quarter, a ratio quarter shall equal or exceed 275% of the actual interest expense as reported in the Consolidated EBITDA income statement of the Company and its Consolidated Subsidiaries for the those four fiscal quarters then ended to Interest Expense during such period by the Company and its Consolidated Subsidiaries of not less than 3.5 to 1quarters.

Appears in 1 contract

Samples: Credit Agreement (Boise Cascade Corp)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Net Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 3.0 to 11.0.

Appears in 1 contract

Samples: Credit Agreement (Jabil Inc)

Interest Coverage Ratio. Maintain, as of the end of each fiscal quarter, a ratio of (i) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) Interest Expense during such period by the Company and its Consolidated Subsidiaries Subsidiaries, of not less than 3.5 the ratio set forth opposite such fiscal quarter below: June 30, 2011 4.50 to 1 September 30, 2011 and thereafter 5.00 to 1.

Appears in 1 contract

Samples: Credit Agreement (Interpublic Group of Companies, Inc.)

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