Minimum Consolidated Interest Charges Coverage Ratio Sample Clauses

Minimum Consolidated Interest Charges Coverage Ratio. Permit the Consolidated Interest Charges Coverage Ratio as of the end of the period of determination indicated below and for such period then ending of Holdings and its Subsidiaries to be less than the ratio set forth below opposite such period: Period of Determination Minimum Consolidated Interest Charges Coverage Ratio Two fiscal quarters ending June 30, 2009 1.10:1.00 Three fiscal quarters ending September 30, 2009 1.35:1.00 Four fiscal quarters ending December 31, 2009 1.75:1.00
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Minimum Consolidated Interest Charges Coverage Ratio. Permit the Consolidated Interest Charges Coverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be less than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Minimum Consolidated Interest Charges Coverage Ratio 31 March 2010 2.50:1.00 30 June 2010 3.00:1.00 30 September 2010 3.75:1.00 For the avoidance of doubt the Consolidated Interest Charges Coverage Ratio will not be measured for any fiscal quarter ending after 30 September 2010. For the purposes of this Schedule 8 the following terms shall have the following meanings.
Sample 1
Minimum Consolidated Interest Charges Coverage Ratio. Permit the Consolidated Interest Charges Coverage Ratio as of the end of any fiscal quarter set forth below for the four fiscal quarter period then ending of Irish Holdings and its Subsidiaries to be less than the ratio set forth below opposite such time period:
Sample 1Sample 2
Minimum Consolidated Interest Charges Coverage Ratio. Permit the Consolidated Interest Charges Coverage Ratio as of the end of any fiscal quarter set forth below and for the period of four fiscal quarters then ending of Holdings and its Subsidiaries to be less than the ratio set forth below opposite such time period: Four Fiscal Quarter Ending: Minimum Consolidated Interest Charges Coverage Ratio 31 March 20102011 2.503.35:1.00 30 June 20102011 3.003.35:1.00 30 September 2011 3.35:1.00 31 December 2011 3.35:1.00 31 March 2012 3.70:1.00 30 June 2012 3.70:1.00 30 September 2012 3.70:1.00 31 December 2012 3.70:1.00 31 March 2013 4.30:1.00 30 June 2013 4.30:1.00 30 September 20102013 3.754.75:1.00 31 December 2013 4.75:1.00 31 March 2014 and thereafter 5.20:1.00 For the avoidance of doubt the Consolidated Interest Charges Coverage Ratio will not be measured for any fiscal quarter ending after 30 September 2010. In the event that the Laguna Belle and Seminole Princess Leases are converted to debt, they will be treated for all purposes of calculations of financial covenants as if they remained operating leases. The same rule will apply in the event that GAAP requires treatment of other operating leases as debt. For the purposes of this Schedule 8 the following terms shall have the following meanings.
Sample 1

Related to Minimum Consolidated Interest Charges Coverage Ratio

  • 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.

  • 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.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • 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 Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

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