Common use of Interest Coverage Ratio Clause in Contracts

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 5 contracts

Samples: Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (MSC Income Fund, Inc.)

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Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 5 contracts

Samples: Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (MSC Income Fund, Inc.), Credit Agreement (HMS Income Fund, Inc.)

Interest Coverage Ratio. The Borrower and it Subsidiaries will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the fiscal quarter ended June 30, 2007, an Interest Coverage Ratio of not less than 2.00:1.003.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending calculated on the date of determinationa rolling four-quarter basis.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Watsco Inc), Revolving Credit Agreement (Watsco Inc), Revolving Credit Agreement (Watsco Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2006, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 4 contracts

Samples: Revolving Credit Agreement (NGP Capital Resources CO), Letter of Credit Facility Agreement (Bristow Group Inc), Revolving Credit Agreement (Bristow Group Inc)

Interest Coverage Ratio. The Borrower will shall maintain, as for each period of four consecutive fiscal quarters of the end of each Fiscal QuarterBorrower, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination5.00 to 1.00.

Appears in 4 contracts

Samples: Credit Agreement (Stanley Works), Credit Agreement (Stanley Works), Credit Agreement (Stanley Works)

Interest Coverage Ratio. The Borrower will maintainInterest Coverage Ratio of Borrower, as of the end of each Fiscal Quarterfiscal quarter (commencing with the fiscal quarter ending March 31, an Interest Coverage Ratio of 2022) with respect to the four (4) fiscal quarters then ended, shall not be less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00 to 1.00.

Appears in 3 contracts

Samples: Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Veeco Instruments Inc), Loan and Security Agreement (Veeco Instruments Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on December 31, 2014, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination2.0:1.0.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Landmark Infrastructure Partners LP), Credit Agreement (Landmark Infrastructure Partners LP)

Interest Coverage Ratio. The Borrower will shall maintain, as of the end last day of each Fiscal Quarter, an Interest Coverage Ratio of not less greater than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determinationor equal to 2.50 to 1.0.

Appears in 3 contracts

Samples: Revolving Credit Agreement (International Speedway Corp), Revolving Credit Agreement (International Speedway Corp), Revolving Credit Agreement (International Speedway Corp)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2013, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 3 contracts

Samples: Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP), Credit Agreement (Main Street Capital CORP)

Interest Coverage Ratio. The Borrower will maintain, Assure that as of the end of each Fiscal Quarterfiscal quarter of Borrower ending after the date of this Agreement, an the Interest Coverage Ratio of is not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.0 to 1.0.

Appears in 2 contracts

Samples: Loan Agreement (Moog Inc), Loan Agreement (Moog Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, at all times maintain an Interest Coverage Ratio of not less than 2.00:1.00, determined for the most recently ended period of the four consecutive preceding Fiscal Quarters ending on the date fiscal quarters of determinationat least 2.50:1.00.

Appears in 2 contracts

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

Interest Coverage Ratio. The Borrower will maintainand its Consolidated Subsidiaries shall maintain at all times an Interest Coverage Ratio, measured quarterly for the twelve month period then ended (a rolling twelve month calculation measured as of the end of each Fiscal Quartersuccessive quarter), an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.5 to 1.0 at any time.

Appears in 2 contracts

Samples: Credit Agreement (Nfo Worldwide Inc), Credit Agreement (Nfo Worldwide Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, an Interest Coverage Ratio of not less than 2.00:1.002.00 to 1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 2 contracts

Samples: Credit Agreement (Triangle Capital CORP), Credit Agreement (Triangle Capital CORP)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, maintain an Interest Coverage Ratio of not less than 2.00:1.003.00 to 1.00, as determined for at the period end of each fiscal quarter (which most recently ended fiscal quarter shall be included in the four consecutive preceding Fiscal Quarters ending on the date of determinationfiscal quarter period for which compliance is being measured).

Appears in 2 contracts

Samples: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, at all times maintain an Interest Coverage Ratio of not less than 2.00:1.002.50 to 1.00. The Interest Coverage Ratio will be calculated and tested quarterly as of the last day of each fiscal quarter of Borrower, determined commencing with the fiscal quarter ending June 30, 2021, for the period of the four consecutive preceding Fiscal Quarters ending on the fiscal quarters ended as of such date of determination(a “rolling or trailing four quarter” basis).

Appears in 2 contracts

Samples: Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.)

Interest Coverage Ratio. The Borrower will maintain, as of the end last day of each Fiscal Quarter, for the period of the four Fiscal Quarters then ended, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 2 contracts

Samples: 364 Day Term Loan Credit Agreement (Bristow Group Inc), Revolving Credit and Term Loan Agreement (Bristow Group Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarterfiscal quarter, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determinationat least 2.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Official Information Co)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (NGP Capital Resources Co)

Interest Coverage Ratio. The Borrower will maintain, shall maintain as of the end of each Fiscal Quarter, an for the four Fiscal Quarter period then ended, a ratio of Operating Cash Flow to Interest Coverage Ratio Expense of not less than 2.00:1.002:1 through the Fiscal Quarter ending March 31, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination1997, and thereafter, not less than 2.4:1.

Appears in 1 contract

Samples: Credit Agreement (Seneca Foods Corp /Ny/)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending July 31, 2008, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination2.25:1.00.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (MVC Capital, Inc.)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (NGP Capital Resources Co)

Interest Coverage Ratio. The Borrower will maintain, shall have and maintain as of the end of each Fiscal Quarterfiscal quarter, an Interest Coverage Ratio based on financial information for the twelve (12) month period ending as of the end of such fiscal quarter, on a consolidated basis, a ratio of Net Income before interest to interest expense of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination1.25 to 1.0.

Appears in 1 contract

Samples: Loan and Security Agreement (Granite Financial Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, maintain an Interest Coverage Ratio of not less than 2.00:1.003.0 to 1.0, determined for the period as calculated as of the end of each fiscal quarter on a rolling four consecutive preceding Fiscal Quarters (4) quarter basis, commencing with the quarter ending on the date of determinationSeptember 30, 2014.

Appears in 1 contract

Samples: Revolving Credit Agreement (Healthstream Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2010, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00 to 1.

Appears in 1 contract

Samples: Revolving Credit Agreement (Strayer Education Inc)

Interest Coverage Ratio. The Borrower will maintain, as As of the end last day of each Fiscal Quarterfiscal quarter period of the Borrowers ending during the term of this Agreement, the Borrowers shall maintain an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Globe Specialty Metals Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 1 contract

Samples: Credit Agreement (Triangle Capital CORP)

Interest Coverage Ratio. The Borrower will maintain, tested as of the end last day of each Fiscal Quarterof the Borrower's fiscal quarters for the four (4) quarter period ending on that date, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination2.5 to 1.0.

Appears in 1 contract

Samples: Financing and Security Agreement (Pec Solutions Inc)

Interest Coverage Ratio. The Borrower will maintainshall maintain an Interest Coverage Ratio, calculated on a rolling four-quarter basis, as of the end last day of each quarter in each Fiscal QuarterYear, an Interest Coverage Ratio beginning with the first fiscal quarter of the 1999 Fiscal Year, of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination1.0 to 1.

Appears in 1 contract

Samples: Loan and Security Agreement (TFC Enterprises Inc)

Interest Coverage Ratio. The Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the fiscal quarter ending after the Closing Date, an Interest Coverage Ratio of not less equal to or greater than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.0 to 1.0.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (American Healthways Inc)

Interest Coverage Ratio. The Borrower will maintain, as shall maintain for each period of the end of each Fiscal Quarter, four consecutive fiscal quarters an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determinationat least 2.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hollywood Entertainment Corp)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2005, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (NGP Capital Resources CO)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2018, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 1 contract

Samples: Credit Agreement (Main Street Capital CORP)

Interest Coverage Ratio. The Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the fiscal quarter ending August 31, 2004, an Interest Coverage Ratio of not less equal to or greater than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.0 to 1.0.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (American Healthways Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending [December 31], 2010, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 1 contract

Samples: Credit Agreement (Main Street Capital CORP)

Interest Coverage Ratio. The Borrower will maintainshall, as of the end last day of each Fiscal Quarterfiscal quarter, maintain an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Envestnet, Inc.)

Interest Coverage Ratio. The Borrower will maintain, shall maintain the Interest Coverage Ratio (measured as of at the end of each Fiscal Quarter), an Interest Coverage Ratio of not less including, as applicable during any Post-Acquisition Period, calculated, if applicable, on a Pro Forma Basis, to be greater than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determinationor equal to 3.00:1.00.

Appears in 1 contract

Samples: Loan Agreement (Royal Gold Inc)

Interest Coverage Ratio. The Borrowers and the Non-Borrower Subsidiaries will maintain, as of the end of each Fiscal Quarter, maintain an Interest Coverage Ratio Ratio, measured on the last day of not less than 2.00:1.00, determined for each fiscal quarter throughout the period term of the four consecutive preceding Fiscal Quarters ending on Loan, of at least 2.50 to 1.00. For purposes of the date foregoing, "Interest Coverage Ratio" shall mean, for each measurement period, the ratio of determinationEBITDA to the Borrowers' and the Non-Borrower Subsidiaries' cash interest expense during such period."

Appears in 1 contract

Samples: Business Loan and Security Agreement (Opinion Research Corp)

Interest Coverage Ratio. The Borrower will maintain, Borrowers shall maintain an Interest Coverage Ratio as of the end of each Fiscal Quarterfiscal quarter, an Interest Coverage Ratio determined on a rolling four quarter basis, of not less than 2.00:1.00, determined for the period (a) 3.5 to 1.0 as of the four consecutive preceding Fiscal Quarters end of each fiscal quarter through the fiscal quarter ending on March 31, 2002; and (b) 4.0 to 1.0 as of the date fiscal quarter ending June 30, 2002 and as of determinationthe end of each fiscal quarter thereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Nobel Learning Communities Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2010, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination2.5:1.0.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Catalyst Health Solutions, Inc.)

Interest Coverage Ratio. The Borrower will shall maintain, as of the end last day of each Fiscal Quarterfiscal quarter of the Borrower, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the fiscal period consisting of such fiscal quarter and the four consecutive three immediately preceding Fiscal Quarters ending on the date fiscal quarters of determinationat least 2.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Ferrellgas Partners Finance Corp)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2008, an Interest Coverage Ratio of not less than 2.00:1.002:00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 1 contract

Samples: Credit Agreement (Main Street Capital CORP)

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Interest Coverage Ratio. The Borrower and it Subsidiaries will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the fiscal quarter ended September 30, 2004, an Interest Coverage Ratio of not less than 2.00:1.003.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending calculated on the date of determinationa rolling four-quarter basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Watsco Inc)

Interest Coverage Ratio. The Borrower will maintain, as of at the end last day of each Fiscal Quarterfiscal quarter commencing with the fiscal quarter ending September 30, 1995 through and including the fiscal quarter ending June 30, 1997, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination1.75 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Northland Cable Properties Four LTD Partnership)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, maintain an Interest Coverage Ratio of not less than 2.00:1.003.0 to 1.0, determined for the period as calculated as of the end of each fiscal quarter on a rolling four consecutive preceding Fiscal Quarters (4) quarter basis, commencing with the quarter ending on the date of determinationSeptember 30, 2023.

Appears in 1 contract

Samples: Revolving Credit Agreement (Healthstream Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, shall maintain an Interest Coverage Ratio of not less than 2.00:1.00, determined for 2.0 to 1.0 at the period end of the four consecutive preceding each Fiscal Quarters ending on the date of determinationQuarter.

Appears in 1 contract

Samples: Credit Agreement (Nova Chemicals Corp /New)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding than: Each Fiscal Quarters Quarter ending on the date of determination.or prior to September 30, 2011 2.50:1.0

Appears in 1 contract

Samples: Revolving Credit Agreement (Ram Energy Resources Inc)

Interest Coverage Ratio. The Borrower will maintainand the Subsidiaries shall maintain an Interest Coverage Ratio, tested as of the end of each Fiscal Quarterfiscal quarter of Borrower, an Interest Coverage Ratio of not less equal to or greater than 2.00:1.00, determined the applicable ratio set forth below for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.specified: Period Ratio Closing Date 1.75 to 1.0 through 6/30/00 7/1/00 and thereafter 2.0 to 1.0

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Adelphia Communications Corp)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, maintain an Interest Coverage Ratio of not less than 2.00:1.002.00 to 1.00, as determined for at the period end of the four consecutive preceding Fiscal Quarters ending on the date of determinationeach fiscal quarter.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (NRG Energy Inc)

Interest Coverage Ratio. The Borrower Borrowers will maintain, as of the end of each Fiscal QuarterQuarter commencing with the Fiscal Quarter ending March 31, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Abovenet Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2013, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (NGP Capital Resources Co)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding than: Each Fiscal Quarters Quarter ending on the date of determination.or prior to September 30, 2011 2.25:1.0

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Ram Energy Resources Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2021, an 118 767077577.9 Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 1 contract

Samples: Credit Agreement (Main Street Capital CORP)

Interest Coverage Ratio. The As of the last day of each fiscal quarter, for the quarter then ended, Borrower will maintain, as of the end of each Fiscal Quarter, maintain an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determinationat least 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (American Standard Energy Corp.)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, at all times maintain an Interest Coverage Ratio of not less than 2.00:1.003.00 to 1.00. The Interest Coverage Ratio will be calculated and tested quarterly as of the last day of each fiscal quarter of Borrower, determined commencing with the fiscal quarter ending September 30, 2011, for the period of the four consecutive preceding Fiscal Quarters ending on the fiscal quarters ended as of such date of determination(a “rolling or trailing four quarter” basis).

Appears in 1 contract

Samples: Credit Agreement (Insperity, Inc.)

Interest Coverage Ratio. The Borrower will maintainand its Subsidiaries shall have, as of the end of each Fiscal QuarterQuarter (commencing with the Fiscal Quarter ending September 28, 1997) for the four (4) Fiscal Quarters then ending, an Interest Coverage Ratio of not no less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination4.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Rhi Holdings Inc)

Interest Coverage Ratio. The Borrower will maintain, tested as of the end of each Fiscal Quarterof the Borrower's fiscal quarters and based upon annualized actual results beginning with the quarter ending March 31, 2003, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination1.25 to 1.0.

Appears in 1 contract

Samples: Financing Agreement (Sunrise Assisted Living Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, Borrowers shall maintain an Interest Coverage Ratio of not less than 2.00:1.002.5 to 1.0, determined for measured at the period end of the four consecutive preceding Fiscal Quarters ending each fiscal quarter, on the date of determinationa rolling four-quarter basis.

Appears in 1 contract

Samples: Loan and Security Agreement (Childrens Comprehensive Services Inc)

Interest Coverage Ratio. The Borrower will maintain, Borrowers shall maintain an Interest Coverage Ratio as of the end of each Fiscal Quarterfiscal quarter, an Interest Coverage Ratio determined on a rolling four quarter basis, of not less than 2.00:1.00, determined for the period (a) 3.30 to 1.0 as of the four consecutive preceding Fiscal Quarters end of each fiscal quarter through the fiscal quarter ending on the date of determination.June 30, 2000; (b)

Appears in 1 contract

Samples: Loan and Security Agreement (Nobel Education Dynamics Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30March 31, 20182021, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination.

Appears in 1 contract

Samples: Omnibus Amendment (Main Street Capital CORP)

Interest Coverage Ratio. The Borrower will maintainshall maintain an Interest Coverage Ratio, as of the end last day of each any Fiscal Quarter, an Interest Coverage Ratio of not less than 2.00:1.00, determined 2.00 to 1.00 for any quarter during which the period lesser of (i) the applicable Borrowing Base and (ii) the Revolving Commitments for any month exceeds for such month the average ending daily balance of the four consecutive preceding Fiscal Quarters ending on sum of (A) Revolving Facility Usage and (B) the date of determinationAggregate Effective Amount by less than $20,000,000.

Appears in 1 contract

Samples: Credit Agreement (California Steel Industries Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination2.5:1.0.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Catalyst Health Solutions, Inc.)

Interest Coverage Ratio. The Borrower will maintain, as of Maintain at the end of each Fiscal Quarter, fiscal quarter of the Borrower an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination2.25:1.

Appears in 1 contract

Samples: Credit Agreement (Key3media Group Inc)

Interest Coverage Ratio. The Borrower will maintainhave, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending January 3, 2004, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination5.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Priority Healthcare Corp)

Interest Coverage Ratio. The Borrower and it ----------------------- Subsidiaries will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the fiscal quarter ending March 31, 2002, an Interest Coverage Ratio of not less than 2.00:1.003.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending calculated on the date of determinationa rolling four-quarter basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Watsco Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2011, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00 to 1.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Strayer Education Inc)

Interest Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2006, an Interest Coverage Ratio of not less than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determination3.00:1.0.

Appears in 1 contract

Samples: Revolving Credit Agreement (Landamerica Financial Group Inc)

Interest Coverage Ratio. The Borrower will maintain, BorrowerBorrowers shall maintain the Interest Coverage Ratio (measured as of at the end of each Fiscal Quarter), an Interest Coverage Ratio of not less including, as applicable during any Post-Acquisition Period, calculated, if applicable, on a Pro Forma Basis, to be greater than 2.00:1.00, determined for the period of the four consecutive preceding Fiscal Quarters ending on the date of determinationor equal to 3.00:1.00.

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

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