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.
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Samples: Second Amended and Restated Note Purchase and Private Shelf Agreement (Modine Manufacturing Co), Amended and Restated Note Purchase and Private Shelf Agreement (Modine Manufacturing Co)
Interest Expense Coverage Ratio. The Company will not permitpermit the ratio (the “Interest Expense Coverage Ratio”), at determined as of the end of any Fiscal Quarter, each of its fiscal quarters for the ratio then most-recently ended four fiscal quarters of (ai) Consolidated Adjusted EBITDA for the during such period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (bii) Consolidated Interest Expense to the extent paid in cashduring such period, all calculated for the period of the four consecutive Fiscal Quarters ended with such Fiscal QuarterCompany and its Subsidiaries on a consolidated basis, to be less than 3.00 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)
Interest Expense Coverage Ratio. The Company Borrower will not permitpermit the ratio (the "Interest Expense Coverage Ratio"), at determined as of the end of any Fiscal Quarter, each of its fiscal quarters for the ratio then most-recently ended four fiscal quarters of (ai) Consolidated EBITDA for the EBIT during such period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (bii) Consolidated Interest Expense to the extent paid in cashduring such period, all calculated for the period of the four consecutive Fiscal Quarters ended with such Fiscal QuarterBorrower and its Subsidiaries on a consolidated basis, to be less than 3.00 to 1.00.
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Interest Expense Coverage Ratio. The Company will not permit, at the end of any Fiscal Quarter, permit the ratio (the “Interest Expense Coverage Ratio”) of (a) Consolidated EBITDA for (as defined in the period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, Credit Agreement) to (b) Consolidated Interest Expense to cash interest expense of the extent paid Company and its Subsidiaries, in cash, each case for the any period of the four consecutive Fiscal Quarters ended with such Fiscal Quarterfiscal quarters ending on the last day of each fiscal quarter, to be less than 3.00 2.00 to 1.00.
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Samples: Securities Purchase Agreement (AGA Medical Holdings, Inc.)
Interest Expense Coverage Ratio. The Company will not 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 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.
Appears in 1 contract
Samples: Note Purchase and Private Shelf Agreement (Modine Manufacturing Co)
Interest Expense Coverage Ratio. The Company Borrower will not permitpermit the ratio (the “Interest Expense Coverage Ratio”), at determined as of the end of any Fiscal Quarter, each of its fiscal quarters for the ratio then most-recently ended four fiscal quarters of (ai) Consolidated Adjusted EBITDA for the during such period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (bii) Consolidated Interest Expense to the extent paid in cashduring such period, all calculated for the period of the four consecutive Fiscal Quarters ended with such Fiscal QuarterBorrower and its Subsidiaries on a consolidated basis, to be less than 3.00 to 1.00.
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Samples: Term Loan Credit Agreement (Patterson Companies, Inc.)
Interest Expense Coverage Ratio. The Company will not permitpermit the ratio (the "Interest Expense Coverage Ratio"), at determined as of the end of any Fiscal Quarter, each of its fiscal quarters for the ratio then most-recently ended four fiscal quarters of (ai) Consolidated EBITDA for the EBIT during such period of the four consecutive Fiscal Quarters ended with such Fiscal Quarter, to (bii) Consolidated Interest Expense to the extent paid in cashduring such period, all calculated for the period of the four consecutive Fiscal Quarters ended with such Fiscal QuarterCompany and its Subsidiaries on a consolidated basis, to be less than 3.00 to 1.00.
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