Maintenance of Ratio of Consolidated EBITDA to Consolidated Interest Expense. Maintain a ratio of Consolidated EBITDA for the four most recent fiscal quarters for which consolidated financial statements have been delivered pursuant to Section 5.01(d)(i) or (ii) hereof to Consolidated Interest Expense for such four most recent fiscal quarters of not less than 4.0 to 1.0 (calculated after giving pro forma effect to the Spin-off Transaction); provided that such ratio shall be tested for the first time at the end of the fiscal quarter in which the Spin-off Transaction becomes effective.
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Samples: Credit Agreement (Altria Group Inc), Bridge Loan Agreement (Altria Group, Inc.), Credit Agreement (Altria Group, Inc.)
Maintenance of Ratio of Consolidated EBITDA to Consolidated Interest Expense. Maintain a ratio of Consolidated EBITDA for the four most recent fiscal quarters for which consolidated financial statements have been delivered pursuant to Section 5.01(d)(i5.01(a)(iii)(A) or (iiB) hereof to Consolidated Interest Expense for such four most recent fiscal quarters of not less than 4.0 to 1.0 (calculated after giving pro forma effect to the Spin-off Transaction); provided that such ratio shall be tested for the first time at the end of the fiscal quarter in which the Spin-off Transaction becomes effective1.0.
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