Common use of Minimum Consolidated Interest Coverage Ratio Clause in Contracts

Minimum Consolidated Interest Coverage Ratio. The Servicer will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 March 31, 2011 2.00:1.00 June 30, 2011 2.00:1.00 September 30, 2011 2.125:1.00 December 31, 2011 2.25:1.00 March 31, 2012 2.375:1.00 June 30, 2012 2.50:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 2013, 3.00:1.00 and thereafter

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Manitowoc Co Inc), Receivables Purchase Agreement (Manitowoc Co Inc)

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Minimum Consolidated Interest Coverage Ratio. The Servicer will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 1.875:1.00 June 30, 2010 1.75:1.00 2.00:1.00 September 30, 2010 1.80:1.00 2.125:1.00 December 31, 2010 1.85:1.00 2.125:1.00 March 31, 2011 2.00:1.00 2.125:1.00 June 30, 2011 2.00:1.00 2.25:1.00 September 30, 2011 2.125:1.00 2.30:1.00 December 31, 2011 2.25:1.00 2.40:1.00 March 31, 2012 2.375:1.00 2.625:1.00 June 30, 2012 2.50:1.00 2.75:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 20132012, 3.00:1.00 and thereafter

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 1.50:1.00 March 31, 2011 2.00:1.00 1.50:1.00 June 30, 2011 2.00:1.00 1.50:1.00 September 30, 2011 2.125:1.00 1.575:1.00 December 31, 2011 1.70:1.00 March 31, 2012 1.80:1.00 June 30, 2012 1.90:1.00 September 30, 2012 2.10:1.00 December 31, 2012 2.25:1.00 March 31, 2012 2.375:1.00 2013 2.50:1.00 June 30, 2012 2.50:1.00 2013 2.75:1.00 September 30, 2012 2.50:1.00 2013 2.875:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 2013, 3.00:1.00 and thereafterthereafter 3.00:1.00

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 1.875:1.00 June 30, 2010 1.75:1.00 2.00:1.00 September 30, 2010 1.80:1.00 2.125:1.00 December 31, 2010 1.85:1.00 2.125:1.00 March 31, 2011 2.00:1.00 2.125:1.00 June 30, 2011 2.00:1.00 2.25:1.00 September 30, 2011 2.125:1.00 2.30:1.00 December 31, 2011 2.25:1.00 2.40:1.00 March 31, 2012 2.375:1.00 2.625:1.00 June 30, 2012 2.50:1.00 2.75:1.00 September 30, 2012 2.50:1.00 December 312012, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 2013, 3.00:1.00 and thereafterthereafter 3.00:1.00

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer Borrower will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer Borrower set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 1.875:1.00 June 30, 2010 1.75:1.00 2.00:1.00 September 30, 2010 1.80:1.00 2.125:1.00 December 31, 2010 1.85:1.00 2.125:1.00 March 31, 2011 2.00:1.00 2.125:1.00 June 30, 2011 2.00:1.00 2.25:1.00 September 30, 2011 2.125:1.00 2.30:1.00 December 31, 2011 2.25:1.00 2.40:1.00 March 31, 2012 2.375:1.00 2.625:1.00 June 30, 2012 2.50:1.00 2.75:1.00 September 30, 2012 2.50:1.00 December 312012, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 2013, 3.00:1.00 3.00:1:00 and thereafter

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2011 1.50:1.00 September 30, 2011 1.575:1.00 December 31, 2011 1.625:1.00 March 31, 2012 1.750:1.00 June 30, 2012 1.875:1.00 September 30, 2012 2.00:1.00 December 31, 2012 2.00:1.00 March 31, 2013 2.25:1.00 June 30, 2013 2.25:1.00 September 30, 2013 2.50:1.00 December 31, 2013 2.50:1.00 March 31, 2014 2.75:1.00 June 30, 2014 2.75:1.00 September 30, 2009 2.25:1.00 2014 2.75:1.00 December 31, 2009 1.875:1.00 March 312014, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 March 31, 2011 2.00:1.00 June 30, 2011 2.00:1.00 September 30, 2011 2.125:1.00 December 31, 2011 2.25:1.00 March 31, 2012 2.375:1.00 June 30, 2012 2.50:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 2013, 3.00:1.00 and thereafterthereafter 3.00:1.00

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer Borrower will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer Borrower set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 2.75:1.00 2.25:1.00 1.875:1.00 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 March 31, 2011 1.75:1.00 1.80:1.00 1.85:1.00 2.00:1.00 June 30, 2011 2.00:1.00 September 30, 2011 2.125:1.00 December 31, 2011 2.25:1.00 March 31, 2012 2.00:1.00 2.125:1.00 2.25:1.00 2.375:1.00 June 30, 2012 2.50:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.50:1.00 2.50:1:00 2.75:1.00 2.75:1.00 June 30, 2013, 3.00:1.00 and thereafterthereafter 3.00:1.00

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

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Minimum Consolidated Interest Coverage Ratio. The Servicer Borrower will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer Borrower set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 1.50:1.00 March 31, 2011 2.00:1.00 1.50:1.00 June 30, 2011 2.00:1.00 1.50:1.00 September 30, 2011 2.125:1.00 1.575:1.00 December 31, 2011 2.25:1.00 1.70:1.00 March 31, 2012 2.375:1.00 1.80:1.00 June 30, 2012 2.50:1.00 1.90:1.00 September 30, 2012 2.50:1.00 2.10:1.00 December 31, 2012 2.75:1.00 2.25:1:00 March 31, 2013 2.75:1.00 2.50:1.00 June 30, 2013 2.75:1.00 September 30, 2013, 2.875:1.00 December 31, 2013, 3.00:1.00 and thereafter

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer will Manitowoc shall not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer Manitowoc set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 March 31, 2011 2.00:1.00 June 30, 2011 2.00:1.00 September 30, 2011 2.125:1.00 December 31, 2011 2.25:1.00 March 31, 2012 2.375:1.00 1.50:1.00 1.575:1.00 1.625:1.00 1.750:1.00 June 30, 2012 2.50:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 1.875:1.00 2.00:1.00 2.00:1.00 2.25:1.00 June 30, 2013 September 30, 2013 December 31, 2013 March 31, 2014 2.25:1.00 2.50:1.00 2.50:1.00 2.75:1.00 June 30, 20132014 September 30, 3.00:1.00 2014 December 31, 2014, and thereafterthereafter 2.75:1.00 2.75:1.00 3.00:1.00

Appears in 1 contract

Samples: Receivables Purchase Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer Borrower will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer Borrower set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2005 2.00:1.00 September 30, 2005 2.00:1.00 December 31, 2005 2.00:1.00 March 31, 2006 2.00:1.00 June 30, 2006 2.00:1.00 September 30, 2006 2.00:1.00 December 31, 2006 2.25:1.00 March 31, 2007 2.25:1.00 June 30, 2007 2.25:1.00 September 30, 2007 December 31, 2007 2.50:1.00 March 31, 2008 2.50:1.00 June 30, 2008 2.50:1.00 September 30, 2008 2.50:1.00 December 31, 2008 2.75:1.00 March 31, 2009 2.75:1.00 June 30, 2009 2.75:1.00 September 30, 2009 2.25:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 March 31, 2011 2.00:1.00 June 30, 2011 2.00:1.00 September 30, 2011 2.125:1.00 December 31, 2011 2.25:1.00 March 31, 2012 2.375:1.00 June 30, 2012 2.50:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 2013, 3.00:1.00 and thereafterThereafter 3.00:1.00

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. The Servicer Borrower will not permit the Consolidated Interest Coverage Ratio for any fiscal quarter of the Servicer Borrower set forth below to be less than or equal to the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending Ratio June 30, 2009 2011 1.50:1.00 September 30, 2011 1.575:1.00 December 31, 2011 1.625:1.00 March 31, 2012 1.750:1.00 106 Fiscal Quarter Ending Ratio June 30, 2012 1.875:1.00 September 30, 2012 2.00:1.00 December 31, 2012 2.00:1.00 March 31, 2013 2.25:1.00 June 30, 2013 2.25:1.00 September 30, 2013 2.50:1.00 December 31, 2013, 2.50:1.00 March 31, 2014 2.75:1.00 June 30, 2014 2.75:1.00 September 30, 2009 2.25:1.00 2014 2.75:1.00 December 31, 2009 1.875:1.00 March 31, 2010 1.75:1.00 June 30, 2010 1.75:1.00 September 30, 2010 1.80:1.00 December 31, 2010 1.85:1.00 March 31, 2011 2.00:1.00 June 30, 2011 2.00:1.00 September 30, 2011 2.125:1.00 December 31, 2011 2.25:1.00 March 31, 2012 2.375:1.00 June 30, 2012 2.50:1.00 September 30, 2012 2.50:1.00 December 31, 2012 2.75:1.00 March 31, 2013 2.75:1.00 June 30, 20132014, 3.00:1.00 and thereafter

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

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