Common use of Interest Coverage Clause in Contracts

Interest Coverage. For any four consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: September 30, 2004 to December 31, 2005 1.75:1.00 January 1, 2006 to December 31, 2006 1.85:1.00 January 1, 2007 to December 31, 2007 2.00:1.00 January 1, 2008 to December 31, 2009 2.10:1.00 January 1, 2010 to Tranche B Maturity Date 2.20:1.00

Appears in 2 contracts

Samples: Credit Agreement (Language Line Holdings, Inc.), Credit Agreement (Language Line Costa Rica, LLC)

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Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: June 30, 2004 to September 30, 2004 1.50 October 1, 2004 to December 31September 30, 2005 1.75:1.00 January 1.60 October 1, 2006 2005 to December 31June 30, 2006 1.85:1.00 January 2007 1.75 July 1, 2007 to December 31June 30, 2007 2.00:1.00 January 2008 2.00 July 1, 2008 to December 31, 2009 2.10:1.00 2008 2.25 January 1, 2010 2009 to June 30, 2009 2.50 July 1, 2009 to Tranche B B-1 Maturity Date 2.20:1.002.75

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Finance, LLC)

Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: June 30, 2004 to September 30, 2004 1.50 October 1, 2004 to December 31September 30, 2005 1.75:1.00 January 1.60 October 1, 2006 2005 to December 31, 2006 1.85:1.00 1.75 January 1, 2007 to December 31, 2007 2.00:1.00 2.00 January 1, 2008 to June 30, 2008 2.25 July 1, 2008 to December 31, 2008 2.50 January 1, 2009 2.10:1.00 to December 31, 2009 2.75 January 1, 2010 to June 30, 2010 3.00 July 1, 2010 to December 31, 2010 3.25 January 1, 2011 to Tranche B B-1 Maturity Date 2.20:1.004.00

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Finance, LLC)

Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: January 1, 2011 through September 30, 2004 to 2011 2.00:1.00 October 1, 2011 through June 30, 2012 2.50:1.00 July 1, 2012 through December 31, 2005 1.75:1.00 2012 2.75:1.00 January 1, 2006 to December 31, 2006 1.85:1.00 January 1, 2007 to December 31, 2007 2.00:1.00 January 1, 2008 to December 31, 2009 2.10:1.00 January 1, 2010 to Tranche B Maturity Date 2.20:1.002013 and thereafter 3.00:1.00

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Finance, LLC)

Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: Period Ratio January 1, 2011 through September 30, 2004 to 2011 2.00:1.00 October 1, 2011 through June 30, 2012 2.50:1.00 July 1, 2012 through December 31, 2005 1.75:1.00 2012 2.75:1.00 January 1, 2006 to December 31, 2006 1.85:1.00 January 1, 2007 to December 31, 2007 2.00:1.00 January 1, 2008 to December 31, 2009 2.10:1.00 January 1, 2010 to Tranche B Maturity Date 2.20:1.002013 and thereafter 3.00:1.00

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Finance, LLC)

Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: June 30, 2004 to September 30, 2004 1.50 October 1, 2004 to December 31September 30, 2005 1.75:1.00 January 1.60 October 1, 2005 to September 30, 2006 1.75 October 1, 2006 to December 31September 30, 2006 1.85:1.00 January 2007 1.50 October 1, 2007 to December 31September 30, 2007 2.00:1.00 January 2008 1.60 October 1, 2008 to December 31September 30, 2009 2.10:1.00 January 1.75 October 1, 2010 2009 to Tranche B B-2 Maturity Date 2.20:1.002.00

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Finance, LLC)

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Interest Coverage. For any four consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: September 30, 2004 to December 31, 2005 1.75:1.00 January 1, 2006 to December 31, 2006 1.85:1.00 January 1, 2007 to June 29, 2007 1.65:1.00 June 30, 2007 to September 29, 2007 1.75:1:00 September 30, 2007 to December 30, 2007 1.85:1.00 December 31, 2007 to March 30, 2008 1.90:1.00 March 31, 2008 to June 29, 2008 2.00:1.00 January 1June 30, 2008 to December 31, 2009 2.10:1.00 January 1, 2010 to Tranche B B-1 Maturity Date 2.20:1.00

Appears in 1 contract

Samples: Credit Agreement (Language Line, Inc.)

Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such period: June 30, 2004 to September 30, 2004 1.50 October 1, 2004 to December 31September 30, 2005 1.75:1.00 January 1.60 October 1, 2006 2005 to December 31June 30, 2006 1.85:1.00 January 1, 2007 to December 31, 2007 2.00:1.00 January 2008 1.75 July 1, 2008 to December March 31, 2009 2.10:1.00 January 2.00 April 1, 2010 2009 to September 30, 2009 2.25 October 1, 2009 to Tranche B B-1 Maturity Date 2.20:1.002.50

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Finance, LLC)

Interest Coverage. For any four two consecutive fiscal quarters ending on the dates or during any period set forth below (as applicable), permit the Consolidated Interest Coverage Ratio to be less than the ratio set forth below opposite such periodperiod : June 30, 2004 to September 30, 2004 1.50 October 1, 2004 to December 31September 30, 2005 1.75:1.00 January 1.60 October 1, 2006 2005 to December 31, 2006 1.85:1.00 1.75 January 1, 2007 to December 31, 2007 2.00:1.00 2.00 January 1, 2008 to June 30, 2008 2.25 July 1, 2008 to December 31, 2008 2.50 January 1, 2009 2.10:1.00 to December 31, 2009 2.75 January 1, 2010 to June 30, 2010 3.00 July 1, 2010 to December 31, 2010 3.25 January 1, 2011 to Tranche B Maturity Date 2.20:1.004.00

Appears in 1 contract

Samples: Credit Agreement (Atlantic Broadband Management, LLC)

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