Minimum Cash Interest Coverage Ratio. Shall not permit the Cash Interest Coverage Ratio on the last day of any fiscal quarter set forth in the table below to be less than the amount set forth opposite such period: December 31, 0000 0.00x March 31, 0000 0.00x June 30, 0000 0.00x September 30, 0000 0.00x December 31, 0000 0.00x March 31, 0000 0.00x June 30, 0000 0.00x September 30, 0000 0.00x December 31, 0000 0.00x March 31, 0000 0.00x June 30, 0000 0.00x September 30, 0000 0.00x December 31, 0000 0.00x March 31, 0000 0.00x June 30, 0000 0.00x September 30, 0000 0.00x December 31, 0000 0.00x
Minimum Cash Interest Coverage Ratio. The ratio of Available Cash to Consolidated Cash Interest Expense shall not be less than 2.5 to 1.0 at any time.
Minimum Cash Interest Coverage Ratio. Permit as of any measurement date specified below, the Cash Interest Coverage Ratio for the Applicable Measurement Period ended on such date to be less than the amount specified below for such date: March 31, 2010, and the last day of each calendar month thereafter through June 30, 2010 1.15 July 31, 2010, and the last day of each calendar month thereafter through December 31, 2010 1.30 January 31, 2011, and the last day of each calendar month thereafter through June 30, 2011 1.50 July 31, 2011, and the last day of each calendar month thereafter through December 31, 2011 1.70 January 31, 2012, and the last day of each calendar month through March 31, 2012 1.85 April 30, 2012, and the last day of each calendar month thereafter 1.90
Minimum Cash Interest Coverage Ratio. Company shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending during any of the periods set forth below to be less than the correlative ratio indicated: Second Fiscal Quarter 2005 2.70:1.00 Third Fiscal Quarter 2005 2.70:1.00 Fourth Fiscal Quarter 2005 1.75:1.00 First Fiscal Quarter 2006 2.00:1.00 Second Fiscal Quarter 2006 2.00:1.00 Third Fiscal Quarter 2006 2.00:1.00 Fourth Fiscal Quarter 2006 2.00:1.00 First Fiscal Quarter 2007 2.00:1.00 Second Fiscal Quarter 2007 2.15:1.00 Third Fiscal Quarter 2007 2.25:1.00 Fourth Fiscal Quarter 2007 2.25:1.00 First Fiscal Quarter 2008 2.30:1.00 Second Fiscal Quarter 2008 2.50:1.00 Third Fiscal Quarter 2008 2.50:1.00 Fourth Fiscal Quarter 2008 2.50:1.00 First Fiscal Quarter 2009 and each Fiscal Quarter thereafter 2.75:1.00 For purposes of calculating compliance with the Minimum Cash Interest Coverage Ratio covenant set forth in this subsection 7.6A for the period from the Second Amendment Effective Date though the first anniversary of the Second Amendment Effective Date, Consolidated Cash Interest Expense shall be calculated as of any date of determination by multiplying Consolidated Cash Interest Expense from the Second Amendment Effective Date through such date of determination by a fraction the numerator of which is 365 and the denominator of which is the number of days elapsed since the Second Amendment Effective Date as of such date of determination.”
Minimum Cash Interest Coverage Ratio. Company shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending during any of the periods set forth below to be less than the correlative ratio indicated: Fourth Fiscal Quarter 2006 3.00:1.00 First Fiscal Quarter 2007 3.50:1.00 Second Fiscal Quarter 2007 3.50:1.00 Third Fiscal Quarter 2007 3.50:1.00 Fourth Fiscal Quarter 2007 3.50:1.00 First Fiscal Quarter 2008 4:00:1.00 Second Fiscal Quarter 2008 4:00:1.00 Third Fiscal Quarter 2008 4:00:1.00 Fourth Fiscal Quarter 2008 4:00:1.00 First Fiscal Quarter 2009 4:50:1.00 Second Fiscal Quarter 2009 4:50:1.00 Third Fiscal Quarter 2009 4:50:1.00 Fourth Fiscal Quarter 2009 4:50:1.00 First Fiscal Quarter 2010 4:50:1.00 Second Fiscal Quarter 2010 and each Fiscal 5:00:1.00 Quarter thereafter
Minimum Cash Interest Coverage Ratio. Permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending on the dates set forth below to be less than the correlative ratio indicated, provided that for purposes of calculating Consolidated Cash Interest Expense in this Section 6.6(a), Consolidated Cash Interest Expense shall be equal to (i) for the period ending MARCH 31, 2004, Consolidated Cash Interest Expense for the Fiscal Quarter ended MARCH 31, 2004 multiplied by 4, (ii) for the period ending JUNE 30, 2004, Consolidated Cash Interest Expense for the two Fiscal Quarters ended JUNE 30, 2004 multiplied by 2, and (iii) for the period ending SEPTEMBER 30, 2004, Consolidated Cash Interest Expense for the three Fiscal Quarters ended SEPTEMBER 30, 2004 multiplied by one and one-third: MINIMUM CASH INTEREST CHARGE FOUR FISCAL QUARTER PERIOD ENDING COVERAGE RATIO ----------------------------------------------------------------------------------- March 31, 2004 2.25:1.00 June 30, 2004 2.25:1.00 September 30, 2004 2.25:1.00 December 31, 2004 2.25:1.00 March 31, 2005 2.30:1.00 June 30, 2005 2.30:1.00 September 30, 2005 2.30:1.00 December 31, 2005 2.30:1.00 March 31, 2006 2.40:1.00 June 30, 2006 2.40:1.00 September 30, 2006 2.40:1.00 December 31, 2006 2.40:1.00 March 31, 2007 2.55:1.00 June 30, 2007 2.55:1.00 September 30, 2007 2.55:1.00 December 31, 2007 2.55:1.00 March 31, 2008 2.75:1.00 June 30, 2008 2.75:1.00 September 30, 2008 2.75:1.00 December 31, 2008 2.75:1.00 March 31, 2009 3.00:1.00 June 30, 2009 3.00:1.00 September 30, 2009 3.00:1.00 December 31, 2009 3.00:1.00 and each Fiscal Quarter ending thereafter
Minimum Cash Interest Coverage Ratio. Section 6.6(b) of the Credit Agreement is hereby amended by deleting the table set forth therein in its entirety and substituting therefor the following: ========================================================== ================================= Minimum Cash Interest Period Coverage Ratio ========================================================== ================================= The last day of Fiscal Year 2000 - the day immediately 1.65:1.00 preceding the end of 1st Fiscal Quarter 2001 ---------------------------------------------------------- --------------------------------- The last day of 1st Fiscal Quarter 2001 - the day 1.70:1.00 immediately preceding the end of 2nd Fiscal Quarter 2001 ---------------------------------------------------------- --------------------------------- The last day of 2nd Fiscal Quarter 2001 - the day 1.85:1.00 immediately preceding the end of 3rd Fiscal Quarter 2001 ---------------------------------------------------------- --------------------------------- ========================================================== ================================= Minimum Cash Interest Period Coverage Ratio ========================================================== ================================= The last day of 3rd Fiscal Quarter 2001 - the day 2.10:1.00 immediately preceding the end of Fiscal Year 2001 ---------------------------------------------------------- --------------------------------- The last day of Fiscal Year 2001 - the day immediately 2.30:1.00 preceding the end of 2nd Fiscal Quarter 2002 ---------------------------------------------------------- --------------------------------- The last day of 2nd Fiscal Quarter 2002 - thereafter 2.50:1.00 ========================================================== =================================
Minimum Cash Interest Coverage Ratio. Company shall not permit the ratio of (I) Consolidated Adjusted EBITDA to (II) Consolidated Cash Interest Expense for any four-Fiscal Quarter period ending during any of the periods set forth below to be less than the correlative ratio indicated, PROVIDED that for purposes of calculating Consolidated Cash Interest Expense for any period prior to the first anniversary of the Closing Date, Consolidated Cash Interest Expense for such period shall be equal to the actual amount of Consolidated Cash Interest Expense for the period commencing on the Closing Date and ending on the date of determination MULTIPLIED BY the quotient of (X) three hundred and sixty-five (365) DIVIDED BY (y) the number of days that have passed since the Closing Date: PERIOD MINIMUM CASH INTEREST COVERAGE RATIO ========================================================== ================================== Closing Date - the day immediately preceding 1.70:1.00 the end of 2nd Fiscal Quarter 1999 ---------------------------------------------------------- ---------------------------------- The last day of 2nd Fiscal Quarter 1999 - the 1.80:1.00 day immediately preceding the end of Fiscal Year 1999 ---------------------------------------------------------- ---------------------------------- The last day of Fiscal Year 1999 - the day 1.90:1.00 immediately preceding the end of 2nd Fiscal Quarter 2000 ---------------------------------------------------------- ---------------------------------- The last day of 2nd Fiscal Quarter 2000 - the 2.10:1.00 day immediately preceding the end of Fiscal Year 2000 ---------------------------------------------------------- ---------------------------------- The last day of Fiscal Year 2000 - the day 2.30:1.00 immediately preceding the end of 2nd Fiscal Quarter 2001 ---------------------------------------------------------- ---------------------------------- 101 PERIOD MINIMUM CASH INTEREST COVERAGE RATIO ========================================================== ================================== The last day of 2nd Fiscal Quarter 2001 - there 2.50:1.00 after ========================================================== ==================================
Minimum Cash Interest Coverage Ratio. The Borrower and Holdings will not permit the Cash Interest Coverage Ratio, determined as of the last day of any fiscal quarter in any fiscal year set forth below, commencing March 31, 2000, to be less than the ratio set forth opposite such year below: FISCAL QUARTER IN FISCAL YEAR ENDING 12/31 OF MINIMUM RATIO --------------------------------------------- ------------- 2000 1.50 2001 1.65 2002 1.80 2003 1.60 2004 1.70 2005 2.00 2006 2.25 2007 2.25
Minimum Cash Interest Coverage Ratio. Beginning with the fiscal quarter of Holdings ending on or about March 31, 2011, permit the Cash Interest Coverage Ratio, for any Test Period ending during any period (inclusive of the beginning and ending dates of each such period) in the table below, to be less than the ratio set forth opposite such period in the table below: Closing Date to end of fiscal quarter ending on or about March 31, 2012 1.65 to 1.0 Thereafter to end of fiscal quarter ending on or about September 30, 2012 1.75 to 1.0 Thereafter to end of fiscal quarter ending on or about September 30, 2013 1.85 to 1.0 Thereafter to end of fiscal quarter ending on or about September 30, 2014 2.00 to 1.0 Thereafter to end of fiscal quarter ending on or about September 30, 2015 2.25 to 1.0 Thereafter 2.50 to 1.0
