Common use of Interest Expense Coverage Ratio Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Kla Tencor Corp), Incremental Facility, Extension and Amendment Agreement (Kla Tencor Corp), Credit Agreement (Kla Tencor Corp)

AutoNDA by SimpleDocs

Interest Expense Coverage Ratio. The Company will not permit the Interest Expense Coverage Ratio for any period of four consecutive fiscal quarters of the Company to be less than 3.50 3.00 to 1.001.0 as of the end of any Fiscal Quarter.

Appears in 2 contracts

Samples: Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)

AutoNDA by SimpleDocs

Interest Expense Coverage Ratio. The Company will not permit the Interest Expense Coverage Ratio for any period of four consecutive fiscal quarters of the Company to be less than 3.50 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Verisign Inc/Ca), Credit Agreement (Verisign Inc/Ca)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!