Common use of Minimum Debt Service Coverage Clause in Contracts

Minimum Debt Service Coverage. The Company shall maintain on each date set forth below, the ratio of (i) the sum of its after-tax net income, depreciation and amortization expense and interest expense, to (ii) the sum of its interest, capital expenditures and current maturities of long term debt (excluding as long term debt, the indebtedness of the Company to NBCI incurred pursuant to the credit agreement between Company and NBCI, or any replacement of such indebtedness), in each case determined in accordance with generally accepted accounting principles, and calculated for all dates prior to September 30, 1994 on a fiscal year to date basis, and thereafter, for the twelve months ending on such date, which is greater than or equal to the ratio set forth opposite such date: DATE RATIO ---- ----- June 30, 1994 1.20 to 1 September 30, 1994 1.25 to 1 December 31, 1994 1.50 to 1 March 31, 1995 1.50 to 1 June 30, 1995 1.50 to 1 September 30, 1995 1.50 to 1 December 31, 1995 1.50 to 1 March 31, 1996 1.50 to 1 June 30, 1996 1.50 to 1 September 30, 1996 and each fiscal quarter end thereafter 1.50 to 1

Minimum Debt Service Coverage. The Company shall will maintain on each date set forth below, the ratio of (i) the sum of its after-tax net income, depreciation depreciation, and amortization expense and interest expense, to (ii) the sum of its interest, capital expenditures expenditures, and current maturities of long term debt (excluding as long term debt, the indebtedness of the Company to NBCI incurred pursuant to the credit agreement between Company and NBCI, or any replacement of such indebtedness), ) (in each case determined in accordance with generally accepted accounting principles, and calculated for all dates prior to September 30, 1994 on a fiscal year to date basis, and thereafter, for the twelve months ending on such date, which is ) greater than or equal to the ratio set forth opposite such date: -11- 12 DATE RATIO ---- ----- June 30, 1994 1.20 to 1 September 30, 1994 1.25 to 1 December 31, 1994 1.50 to 1 March 31, 1995 1.50 to 1 June 30, 1995 1.50 to 1 September 30, 1995 1.50 to 1 December 31, 1995 1.50 to 1 March 31, 1996 1.50 to 1 June 30, 1996 1.50 to 1 September 30, 1996 and each fiscal quarter end thereafter 1.50 to 11 end thereafter

Minimum Debt Service Coverage. The Company shall will maintain on each date set forth below, the ratio of (i) the sum of its after-tax net income, depreciation depreciation, and amortization expense and interest expense, to (ii) the sum of its interest, capital expenditures expenditures, and current maturities of long term debt (excluding as long term debt, the indebtedness of the Company to NBCI incurred pursuant to the credit agreement between Company and NBCI, or any replacement of such indebtedness), ) (in each case determined in accordance with generally accepted accounting principles, and calculated for all dates prior to September 30, 1994 on a fiscal year to date basis, and thereafter, for the twelve months ending on such date, which is ) greater than or equal to the ratio set forth opposite such date: DATE RATIO ---- ----- June 30, 1994 1.20 to 1 September 30, 1994 1.25 to 1 December 31, 1994 1.50 to 1 March 31, 1995 1.50 to 1 June 30, 1995 1.50 to 1 September 30, 1995 1.50 to 1 December 31, 1995 1.50 to 1 -11- 12 DATE RATIO ---- ----- March 31, 1996 1.50 to 1 June 30, 1996 1.50 to 1 September 30, 1996 and each fiscal quarter end thereafter 1.50 to 11 end thereafter