Common use of Maintenance of Ratio of Consolidated EBITDA to Consolidated Interest Expense Clause in Contracts

Maintenance of Ratio of Consolidated EBITDA to Consolidated Interest Expense. Maintain a ratio of Consolidated EBITDA for the four most recent fiscal quarters of PMI to Consolidated Interest Expense for such four most recent fiscal quarters of not less than 3.5 to 1.0.

Appears in 10 contracts

Samples: Credit Agreement (Philip Morris International Inc.), Credit Agreement (Philip Morris International Inc.), Credit Agreement (Philip Morris International Inc.)

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Maintenance of Ratio of Consolidated EBITDA to Consolidated Interest Expense. Maintain a ratio of Consolidated EBITDA for the four most recent fiscal quarters of PMI for which consolidated financial statements have been delivered pursuant to Section 5.01(c)(i) or (ii) hereof to Consolidated Interest Expense for such four most recent fiscal quarters of not less than 3.5 4.0 to 1.0.

Appears in 9 contracts

Samples: Credit Agreement (Altria Group, Inc.), Extension and Amendment (Altria Group, Inc.), Credit Agreement (Altria Group, Inc.)

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