Minimum Consolidated Interest Expense Coverage Ratio Sample Clauses

Minimum Consolidated Interest Expense Coverage Ratio. The Credit Parties shall not permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Cash Interest Expense for the four fiscal quarter periods ending on the dates set forth below to be less than the correlative amount indicated: Period Minimum Interest Coverage February 29, 1996 1.00 May 31, 1996 1.00 August 31, 1996 0.75 November 30, 1996 1.25 February 28, 1997 1.50
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Minimum Consolidated Interest Expense Coverage Ratio. Restriction on Fundamental Changes; Asset Sales. . . . . . .
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Minimum Consolidated Interest Expense Coverage Ratio. Company shall not permit, as of the end of any Fiscal Quarter commencing with the Third Fiscal Quarter 2001, the Consolidated Interest Expense Coverage Ratio for the four-Fiscal Quarter period ending on such date during any of the periods set forth below to be less than the correlative ratio indicated:
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Minimum Consolidated Interest Expense Coverage Ratio. The Issuer shall not permit its Consolidated Interest Expense Coverage Ratio for the four-fiscal quarter period ending on the last day of the fiscal quarter ending on or about the date set forth below to be less than the amount set forth below opposite the date shown (provided that for the fiscal quarters ending on or about June 30, 1997 and September 30, 1997, the Issuer's Consolidated Interest Expense Coverage Ratio shall be calculated for the two- and three-fiscal quarter periods (respectively) then ending, rather than for the four-fiscal quarter period then ending): Date Consolidated Interest Expense Coverage Ratio ---- -------------------------------------------- September 30, 1997 0.22 December 31, 1997 0.30 37 43 March 31, 1998 0.35 June 30, 1998 0.45 September 30, 1998 0.50 December 31, 1998 0.55 March 31, 1999 0.65 June 30, 1999 0.80 September 30, 1999 0.85 December 31, 1999 1.10 March 31, 2000 1.30 June 30, 2000 1.60 September 30, 2000 1.85 December 31, 2000 and thereafter 2.10
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Minimum Consolidated Interest Expense Coverage Ratio. Company shall not permit, as of the end of any Fiscal Quarter commencing with the Third Fiscal Quarter 2001, the Consolidated Interest Expense Coverage Ratio for the four-Fiscal Quarter period ending on such date during any of the periods set forth below to be less than the correlative ratio indicated: Minimum Consolidated Interest Period Ending Last Day of Expense Coverage Ratio ------------------------- ---------------------- Third Fiscal Quarter 2001 2.35:1.00 Fourth Fiscal Quarter 2001 2.35:1.00 First Fiscal Quarter 2002 2.35:1.00 Second Fiscal Quarter 2002 2.35:1.00 Third Fiscal Quarter 2002 2.40:1.00 Fourth Fiscal Quarter 2002 2.50:1.00 First Fiscal Quarter 2003 2.50:1.00 Second Fiscal Quarter 2003 2.50:1.00 Third Fiscal Quarter 2003 2.65:1.00 Fourth Fiscal Quarter 2003 2.80:1.00 First Fiscal Quarter 2004 2.80:1.00 Second Fiscal Quarter 2004 2.80:1.00 Third Fiscal Quarter 2004 2.90:1.00 Fourth Fiscal Quarter 2004 3.00:1.00 First Fiscal Quarter 2005 3.00:1.00 Second Fiscal Quarter 2005 3.00:1.00 Third Fiscal Quarter 2005 3.00:1.00 Fourth Fiscal Quarter 2005 3.00:1.00 First Fiscal Quarter 2006 3.00:1.00 Second Fiscal Quarter 2006 3.00:1.00 Third Fiscal Quarter 2006 3.00:1.00 Fourth Fiscal Quarter 2006 3.00:1.00 First Fiscal Quarter 2007 3.00:1.00 Second Fiscal Quarter 2007 3.00:1.00
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Minimum Consolidated Interest Expense Coverage Ratio. Section ---------------------------------------------------- 5.12 of the Securities Purchase Agreement is hereby amended and restated in its entirety to read as follows:
Sample 1
Minimum Consolidated Interest Expense Coverage Ratio. The Company shall not permit its Consolidated Interest Expense Coverage Ratio for the four fiscal quarters ending on or about the date listed below, to be less than the correlative levels for such dates shown below; provided, that for the September 30, 1997, December 31, 1997 and March 31, 1998 Measurement Dates, the Consolidated Interest Expense Coverage Ratio shall be calculated for the one, two, and three fiscal quarters, respectively, ending on such dates. Measurement Date Minimum Ratio ---------------- ------------- September 30, 1997 2.0 December 31, 1997 2.0 March 31, 1998 2.1 June 30, 1998 2.1 September 30, 1998 2.2 December 31, 1998 1.9 March 31, 1999 1.9 June 30, 1999 2.3 September 30, 1999 2.4 December 31, 1999 2.4 March 31, 2000 2.5 June 30, 2000 and thereafter 2.6
Sample 1
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Related to Minimum Consolidated Interest Expense Coverage Ratio

  • 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 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.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • 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 The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

  • 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.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

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