Interest Expense Coverage Ratio. The Company 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 on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 to 1.0.
Appears in 4 contracts
Samples: Credit Agreement (Kellogg Co), 364 Day Credit Agreement (Kellogg Co), 364 Day Credit Agreement (Kellogg Co)
Interest Expense Coverage Ratio. The Company 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 on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 to 1.0.
Appears in 4 contracts
Samples: Assignment and Acceptance (Kellogg Co), Credit Agreement (Kellogg Co), Credit Agreement (Kellogg Co)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Net Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Datedate hereof, to be less than 4.0 4.00 to 1.01.00.
Appears in 3 contracts
Samples: Credit Agreement (Labone Inc/), Credit Agreement (Labone Inc/), Credit Agreement (Labone Inc/)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA less the amount of Capital Expenditures to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 2.00 to 1.01.00.
Appears in 3 contracts
Samples: Credit Agreement (Vishay Intertechnology Inc), Credit Agreement (Vishay Intertechnology Inc), Credit Agreement (Vishay Intertechnology Inc)
Interest Expense Coverage Ratio. The Company will not permit 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 ExpenseExpense to the extent paid in cash, in each case for any the period of the four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateFiscal Quarters ended with such Fiscal Quarter, to be less than 4.0 3.00 to 1.01.00.
Appears in 2 contracts
Samples: Collateral Agency Agreement (Modine Manufacturing Co), Modine Manufacturing Co
Interest Expense Coverage Ratio. The Company As of the last day of any fiscal quarter, the Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of the previous four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, then ended to be less than 4.0 3.25 to 1.0.
Appears in 2 contracts
Samples: Credit Agreement (Afc Enterprises Inc), Credit Agreement (Afc Enterprises Inc)
Interest Expense Coverage Ratio. The Company will not permit the ratio (the “Interest Expense Coverage Ratio”), determined as of the end of each of its fiscal quarters for the then most-recently ended four fiscal quarters of (ai) Consolidated Adjusted EBITDA during such period to (bii) Consolidated Interest ExpenseExpense during such period, in each case all calculated for any period of four consecutive fiscal quarters ending the Company and its Subsidiaries on or after the last day of the first fiscal quarter beginning after the Effective Datea consolidated basis, to be less than 4.0 3.00 to 1.01.00.
Appears in 2 contracts
Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateCompany, to be less than 4.0 3.25 to 1.01.00.
Appears in 2 contracts
Samples: Credit Agreement (Expedia, Inc.), Credit Agreement (Expedia, Inc.)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateCompany, to be less than 4.0 3.253.00 to 1.01.00.
Appears in 1 contract
Samples: Credit Agreement (Expedia, Inc.)
Interest Expense Coverage Ratio. The Company will not permit permit, at the end of any Fiscal Quarter, the ratio of (a) Consolidated Adjusted EBITDA for the period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (b) Consolidated Interest Expense, in each case Expense for any the period of the four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateFiscal Quarters ended with such Fiscal Quarter, to be less than 4.0 3.00 to 1.01.00.
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Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio ------ ----- June 30, 2003 to 1.0.and including December 31, 2003 2.75 to 1.00 January 1, 2004 to and including December 31, 2004 3.00 to 1.00 thereafter 3.25 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Fisher Scientific International Inc)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio June 30, 2003 to 1.0.and including December 31, 2003 2.75 to 1.00 January 1, 2004 to and including December 31, 2004 3.00 to 1.00 thereafter 3.25 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Fisher Scientific International Inc)
Interest Expense Coverage Ratio. The Company 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 on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio ------ ----- Effective Date through and 2.00 to 1.0.1.00 including December 31, 2001 January 1, 2002 through and 2.25 to 1.00 including December 31, 2002 January 1, 2003 and thereafter 2.50 to 1.00
Appears in 1 contract
Samples: Credit Agreement (Imc Global Inc)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA less Capital Expenditures to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Datequarters, to be less than 4.0 3.00 to 1.01.00.
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Interest Expense Coverage Ratio. The (a) Prior to the Acquisition Date, the Company will not permit the ratio of (ai) Consolidated EBITDA to (bii) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, to be less than 4.0 to 1.03.0.
Appears in 1 contract
Samples: Bridge Credit Agreement (Kellogg Co)
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) Consolidated Interest Expensecash interest expense of the Company and its Subsidiaries, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first each fiscal quarter beginning after the Effective Datequarter, to be less than 4.0 2.00 to 1.01.00.
Appears in 1 contract
Samples: Securities Purchase Agreement (AGA Medical Holdings, Inc.)
Interest Expense Coverage Ratio. The Company will not permit permit, at any time, the ratio of (a) Consolidated EBITDA EBIT for the period of four consecutive fiscal quarters then most recently ended to (b) Consolidated Interest Expense, in each case Expense for any the period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Date, then most recently ended to be less than 4.0 2.50 to 1.01.00.
Appears in 1 contract
Samples: Modine Manufacturing Co
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after prior to the last day of the first fiscal quarter beginning after the Effective Date, Maturity Date to be less than 4.0 to 1.01.
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Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective Datequarters, to be less than 4.0 3.25 to 1.01.00.”
Appears in 1 contract
Samples: Fourth Amendment (Expedia, Inc.)
Interest Expense Coverage Ratio. The Company will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Cash Interest Expense, in each case for any period of four consecutive fiscal quarters ending on or after the last day of the first fiscal quarter beginning after the Effective DateCompany, to be less than 4.0 3.002.75 to 1.01.00. SECTION 6.12.
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Interest Expense Coverage Ratio. The Company 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 on or after prior to the last day of the first fiscal quarter beginning after the Effective Date, Maturity Date to be less than 4.0 to 1.01.
Appears in 1 contract
Samples: Five Year Credit Agreement (Sungard Data Systems Inc)
Interest Expense Coverage Ratio. The Company 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 on or after the last day of the first fiscal quarter beginning after the Effective Dateany date during any period set forth below, to be less than 4.0 the ratio set forth below opposite such period: Period Ratio January 1, 2004 through December 31, 2005 6.00 to 1.0.1.00 January 1, 2006 through December 31, 2006 6.50 to 1.00 January 1, 2007 through December 31, 2007 7.00 to 1.00 January 1, 2008 and thereafter 7.50 to 1.00
Appears in 1 contract