Maintenance of Consolidated Interest Expense Ratio Sample Clauses

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.
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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: 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
Sample 1Sample 2
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 ------------------------------------------------------------------
Sample 1
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
Sample 1
Maintenance of Consolidated Interest Expense Ratio. Permit, for any period of four consecutive fiscal quarters of Holding 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: October 1, 2003 – December 30, 2004 2.00 to 1.00 December 31, 2004 – September 29, 2005 2.25 to 1.00 September 30, 2005 – December 30, 2007 1.75 to 1.00 December 31, 2007 – December 30, 2008 1.85 to 1.00 December 31, 2008 – March 30, 2009 2.00 to 1.00 March 31, 2009 and thereafter 2.90 to 1.00
Sample 1

Related to Maintenance of Consolidated Interest Expense Ratio

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Interest Expense For any period with respect to Parent Borrower and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under a construction loan, together with the interest portion of payments actually payable on Capitalized Leases, plus (b) Parent Borrower’s and its respective Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

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