Maintenance of Consolidated Interest Expense Ratio. Permit the Consolidated Interest Expense Ratio as of the end of any Test Period ending on or after December 31, 2017 to be less than 3.00 to 1.00.
Maintenance of Consolidated Interest Expense Ratio. Permit, for any period of four consecutive fiscal quarters of the Parent Borrower ending during any period set forth below, the Consolidated Interest Expense Ratio as at the last day of such period of four consecutive fiscal quarters to be less than the ratio set forth opposite such period below: Period Consolidated Interest Expense Ratio July 1, 2004 – December 30, 2005 1.80 to 1.00 December 31, 2005 – December 30, 2006 1.90 to 1.00 December 31, 2006 – December 30, 2007 2.00 to 1.00 December 31, 2007 – December 30, 2008 2.10 to 1.00 December 31, 2008 – December 30, 2009 2.20 to 1.00 December 31, 2009 – December30, 2010 2.30 to 1.00 December 31, 2010 and thereafter 2.40 to 1.00
Maintenance of Consolidated Interest Expense Ratio. Permit for any period of four consecutive fiscal quarters ending on any date set forth below, the Consolidated Interest Expense Ratio for such period to be less than the ratio set forth opposite such date below: Date Consolidated Interest Expense Ratio ---- ----------------------------------- ------------------------------------------------------------------ March 31, 1998 0.70 to 1.00 ------------------------------------------------------------------ June 30, 1998 0.70 to 1.00 ------------------------------------------------------------------ September 3, 1998 0.80 to 1.00 ------------------------------------------------------------------ December 31, 1998 1.00 to 1.00 ------------------------------------------------------------------ ------------------------------------------------------------------ March 31, 1999 1.10 to 1.00 ------------------------------------------------------------------ June 30, 1999 1.10 to 1.00 ------------------------------------------------------------------ September 30, 1999 1.10 to 1.00 ------------------------------------------------------------------ December 31, 1999 1.20 to 1.00 ------------------------------------------------------------------ ------------------------------------------------------------------ March 31, 2000 1.3 to 1.00 ------------------------------------------------------------------ June 30, 2000 1.3 to 1.00 ------------------------------------------------------------------ September 30, 2000 1.3 to 1.00 ------------------------------------------------------------------ December 31, 2000 1.35 to 1.00 ------------------------------------------------------------------ ------------------------------------------------------------------ March 31, 2001 1.4 to 1.00 ------------------------------------------------------------------ June 30, 2001 1.4 to 1.00 ------------------------------------------------------------------ September 30, 2001 1.4 to 1.00 ------------------------------------------------------------------ December 31, 2001 1.5 to 1.00 ------------------------------------------------------------------ ------------------------------------------------------------------ March 31, 2002 1.5 to 1.00 ------------------------------------------------------------------ June 30, 2002 1.5 to 1.00 ------------------------------------------------------------------ September 30, 2002 1.5 to 1.00 ------------------------------------------------------------------
Maintenance of Consolidated Interest Expense Ratio. As long as any Revolving Credit Commitment (other than any Incremental Revolving Tranche Commitment) remains outstanding, permit, for any Test Period ending during any test period set forth below, the Consolidated Interest Expense Ratio at the last day of such consecutive fiscal quarter period, to be less than the ratio set forth opposite such test period below: Consolidated Fiscal Quarter Interest Expense Ratio June 30, 2007 – December 31, 2008 1.75 to 1.00 January 1, 2009 – December 31, 2009 2.00 to 1.00 January 1, 2010 and thereafter 2.25 to 1.00
