Interest Expense Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending after the Effective Date, to be less than 4.0 to 1.0.
Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.00
Interest Expense Coverage Ratio. As of the end of each Fiscal Quarter, maintain an Interest Expense Coverage Ratio of not less than 3.00:1.00.
Interest Expense Coverage Ratio. The Company will not permit the ratio (the “Interest Expense Coverage Ratio”) of (a) Consolidated EBITDA (as defined in the Credit Agreement) to (b) cash interest expense of the Company and its Subsidiaries, in each case for any period of four consecutive fiscal quarters ending on any date set forth below, to be less than the ratio set forth below opposite such date: December 31, 2005 2.50 to 1.00 March 31, 2006 2.50 to 1.00 June 30, 2006 2.50 to 1.00 December 31, 2006 2.75 to 1.00 March 31, 2007 2.75 to 1.00 June 30, 2007 2.75 to 1.00 September 30, 2007 2.75 to 1.00 December 31, 2007 2.75 to 1.00 March 31, 2008 3.00 to 1.00 June 30, 2008 3.00 to 1.00 September 30, 2008 3.00 to 1.00 December 31, 2008 3.00 to 1.00 March 31, 2009 3.25 to 1.00 June 30, 2009 3.25 to 1.00 September 30, 2009 3.25 to 1.00 December 31, 2009 3.25 to 1.00 March 31, 2010 3.25 to 1.00 June 30, 2010 3.25 to 1.00 September 30, 2010 3.25 to 1.00 December 31, 2010 3.25 to 1.00 March 31, 2011 3.25 to 1.00 June 30, 2011 3.25 to 1.00
Interest Expense Coverage Ratio. The Company will not permit, at the end of any Fiscal Quarter, the ratio of (a) Consolidated EBITDA for the period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (b) Consolidated Interest Expense to the extent paid in cash, for the period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to be less than 3.00 to 1.00.
Interest Expense Coverage Ratio. The Borrower will not permit the Interest Expense Coverage Ratio for any Test Period ending on the last day of a Fiscal Quarter to be less than 2.25:1.00; provided that compliance with this Section 8.7 for each Test Period shall be determined on the earlier to occur of (x) the date upon which the Borrower delivers financial statements for the last Fiscal Quarter of such Test Period pursuant to Section 7.1(a) or (b) (in which case such compliance shall be determined based upon such delivered financial statements) and (y) the thirtieth (30th) day after the last day of the last Fiscal Quarter of such Test Period (in which case such compliance shall be determined based upon internally prepared financial statements of the Borrower and its Subsidiaries on such date and shall then also be determined on the date described in preceding clause (x) based upon the delivered financial statements described in preceding clause (x)); provided further, that if at any time subsequent to the delivery of any such financial statements described above with respect to any Test Period, there are subsequent adjustments thereto (or to the financial results described therein), such subsequent adjustments shall be given full force and effect.
Interest Expense Coverage Ratio. The Borrower will not permit the Interest Coverage Ratio as of the last day of any period of four consecutive fiscal quarters of the Borrower to be less than 4.00 to 1.00.
Interest Expense Coverage Ratio. Borrower will maintain a Interest Expense Coverage Ratio of not less than 2.50:1.00, as determined at the end of each fiscal quarter.
Interest Expense Coverage Ratio. The Company will not permit the Interest Coverage Ratio for any period of four consecutive fiscal quarters of the Company to be less than 3.50 to 1.00.
Interest Expense Coverage Ratio. The Loan Parties will not permit the Interest Expense Coverage Ratio for any Test Period ending on a date set forth below to be less than the ratio set forth below opposite such date: Test Period Ending on Ratio --------------------- ----- September 30, 2003 2.00:1.00 December 31, 2003 2.00:1.00 March 31, 2004 2.00:1.00 June 30, 2004 2.00:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.25:1.00 June 30, 2005 2.50:1.00 September 30, 2005 2.50:1.00 December 31, 2005 2.50:1.00 March 31, 2006 2.50:1.00 June 30, 2006 2.75:1.00 September 30, 2006 3.00:1.00 December 31, 2006 3.00:1.00 March 31, 2007 3.00:1.00 June 30, 2007 3.25:1.00 September 30, 2007 3.25:1.00 December 31, 2007 3.25:1.00 March 31, 2008 3.25:1.00 June 30, 2008 3.25:1.00 September 30, 2008 3.25:1.00 December 31, 2008 3.25:1.00 March 31, 2009 3.25:1.00 June 30, 2009 3.25:1.00
