Common use of Interest Expense Coverage Ratio Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

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Interest Expense Coverage Ratio. The Borrower will maintain a maintain, as of the end of each fiscal quarter ending on or after January 25, 2020, an Interest Expense Coverage Ratio of not less than 2.50:1.00, as determined at the end of each fiscal quarter3.00 to 1.00.

Appears in 1 contract

Samples: Loan Agreement (Patterson Companies, Inc.)

Interest Expense Coverage Ratio. The Borrower will maintain a maintain, as of the end of each fiscal quarter ending on or after October 29, 2022, an Interest Expense Coverage Ratio of not less than 2.50:1.00, as determined at the end of each fiscal quarter3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Patterson Companies, Inc.)

Interest Expense Coverage Ratio. Borrower will maintain a In the case of the Borrower, permit the Interest Expense Coverage Ratio as of not less than 2.50:1.00, as determined at the end of each any fiscal quarterquarter to be less than 4.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Transtar Holdings Lp)

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Interest Expense Coverage Ratio. The Borrower will maintain a maintain, as of the end of each fiscal quarter ending on or after January 23, 2021, an Interest Expense Coverage Ratio of not less than 2.50:1.00, as determined at the end of each fiscal quarter3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Patterson Companies, Inc.)

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