Common use of Maintenance of Interest Coverage Ratio Clause in Contracts

Maintenance of Interest Coverage Ratio. Maintain as of the last day of each fiscal quarter of the Borrower, commencing with the first fiscal quarter of the Borrower following the Effective Date, the ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day of not less than 3.00 to 1.00.

Appears in 17 contracts

Samples: Credit Agreement (Walt Disney Co), Credit Agreement, 364 Day Credit Agreement (Walt Disney Co)

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Maintenance of Interest Coverage Ratio. Maintain as of the last day of each fiscal quarter of the Borrower, commencing with the first fiscal quarter of the Borrower following the Effective Date, the a ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day day, of not less than 3.00 3 to 1.001.

Appears in 5 contracts

Samples: Year Credit Agreement (Walt Disney Co/), Credit Agreement (Walt Disney Co/), Credit Agreement (Walt Disney Co/)

Maintenance of Interest Coverage Ratio. Maintain as of the last day of each fiscal quarter of the Borrower, commencing with the first fiscal quarter of the Borrower following the Effective Date, the ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day of not less than 3.00 to 1.00. For purposes of this Section 5.01(d), references to the Borrower, prior to the Closing Date, shall be deemed to be references to the Guarantor.

Appears in 4 contracts

Samples: 364 Day Credit Agreement (Walt Disney Co), 364 Day Bridge Credit Agreement (Walt Disney Co), 364 Day Bridge Credit Agreement (TWDC Enterprises 18 Corp.)

Maintenance of Interest Coverage Ratio. Maintain as of the last day of each fiscal quarter of the BorrowerBorrowerParent, commencing with the first fiscal quarter of the Borrower BorrowerParent following the Effective Date, the ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day of not less than 3.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Walt Disney Co/), Credit Agreement (Walt Disney Co/)

Maintenance of Interest Coverage Ratio. Maintain as of the last -------------------------------------- day of each fiscal quarter of the Borrower, commencing with the first fiscal quarter of the Borrower following the Effective Date, the a ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day day, of not less than 3.00 3 to 1.001.

Appears in 2 contracts

Samples: Credit Agreement (Walt Disney Co/), Credit Agreement (Walt Disney Co/)

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Maintenance of Interest Coverage Ratio. Maintain as of the last day of -------------------------------------- each fiscal quarter of the Borrower, commencing with the first full fiscal quarter of the Borrower following the Effective Date, the a ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day day, of not less than 3.00 3 to 1.001.

Appears in 1 contract

Samples: Dc Holdco Inc

Maintenance of Interest Coverage Ratio. Maintain as of the last day of each fiscal quarter of the BorrowerParent, commencing with the first fiscal quarter of the Borrower Parent following the Effective Date, the ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day of not less than 3.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Walt Disney Co/)

Maintenance of Interest Coverage Ratio. Maintain as of the last day of each fiscal quarter of the Borrower, commencing with the first fiscal quarter of the Borrower following the Effective Date, the ratio of (i) Consolidated EBITDA for the Measurement Period ending on such day to (ii) Consolidated Interest Expense for the Measurement Period ending on such day of not less than 3.00 to 1.00.. (e)

Appears in 1 contract

Samples: Credit Agreement

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