Common use of Interest Coverage Clause in Contracts

Interest Coverage. Borrower shall not permit the Interest Coverage Ratio, as of the last day of any fiscal quarter of Borrower, to be less than 2.0 to 1.0.

Appears in 6 contracts

Samples: Credit Agreement (Centex Corp), Letter of Credit and Reimbursement Agreement (Centex Corp), Credit Agreement (Centex Development Co Lp)

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Interest Coverage. Borrower shall not permit the Interest Coverage Ratio, as of the last day of any fiscal quarter of Borrowerthe Companies, to be less than 2.0 2.10 to 1.0.

Appears in 2 contracts

Samples: Exchange Agreement (Protection One Alarm Monitoring Inc), Credit Agreement (Protection One Alarm Monitoring Inc)

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Interest Coverage. Borrower shall not permit the Interest Coverage Ratio, as of the last day of any fiscal quarter of Borrowerthe Companies, to be less than 2.0 2.75 to 1.0.

Appears in 1 contract

Samples: Revolving Credit Agreement (Protection One Alarm Monitoring Inc)

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