Interest Expense Ratio. The Borrower will not permit the Interest Expense Ratio as of the last day of each fiscal quarter of the Borrower to be less than 2.50 to 1.00.
Interest Expense Ratio. During a Borrowing Base Trigger Period, the Borrower will not permit the Interest Expense Ratio as of the last day of each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending March 31, 2018 to be less than 2.00 to 1:00.
Interest Expense Ratio. The Company will not permit the ratio of (i) Adjusted Consolidated EBITDA of the Company to (ii) Consolidated Interest Expense for any 12 month period (taken as one accounting period) ending on a Measurement Date occurring in a period set forth below to be less than the ratio set forth opposite such period: Period Ratio Effective Date to and including 3.50:1 December 31, 1997 January 1, 1998 to and including 4.25:1 December 31, 1998 January 1, 1999 to and including 5.50:1 December 31, 1999 January 1, 2000 and thereafter 6.00:1
Interest Expense Ratio. Other than for the fiscal quarter ending December 31, 2015, the Borrower will not permit the Interest Expense Ratio as of the last day of each fiscal quarter of the Borrower to be less than 2.50 to 1.00. As of December 31, 2015, the Borrower will not permit the Interest Expense Ratio to be less than 2.25 to 1.00.
Interest Expense Ratio. The Company will not permit the ratio as ---------------------- of the end of any fiscal quarter (measured on a trailing four quarter basis) of the Company of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Interest Expense, to be less than 1.50 to 1.00.
Interest Expense Ratio. The Borrower will not permit the Interest Expense Ratio as of the last
Interest Expense Ratio. During an Interim Covenant Period, the Parent Guarantor will not, as of the last day of any fiscal quarter, permit the Interest Expense Ratio to be less than 2.25 to 1.00. During a Regular Covenant Period, this Section 9.01(d) shall not apply.
Interest Expense Ratio. From and after January 31, 1998, the Borrower shall have a ratio of EBITDA to Interest Expense as of the respective dates, for the respective periods and in the respective amounts, in each case as shall be established pursuant to Section 8.3A hereof.
Interest Expense Ratio. Permit the ratio of EBITDA of the Borrower and its consolidated Subsidiaries (i)(A) for the First Period; (B) for the Second Period; and (C) for the Third Period; and (ii) thereafter, for any period of four consecutive fiscal quarters ending on a date specified below of the Borrower and its consolidated Subsidiaries to Consolidated Interest Expense of the Borrower and its consolidated Subsidiaries for such period to be less than the ratio set forth opposite the applicable period below: Period Ending Ratio ------------- ----- First Period 2.50 Second Period 2.50 Third Period 2.50 December 31, 1997 2.75 March 31, 1998 2.75 June 30, 1998 2.75 September 30, 1998 2.75 December 31, 1998 3.00 March 31, 1999 3.00 June 30, 1999 3.00 September 30, 1999 3.00 December 31, 1999 3.25 March 31, 2000 3.25 June 30, 2000 3.25 September 30, 2000 3.50 December 31, 2000 3.50 March 31, 2001 3.50 67 Period Ending Ratio ------------- ----- June 30, 2001 3.50 September 30, 2001 3.50 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.75 December 31, 2002 and 4.00 each fiscal quarter thereafter
