Common use of Minimum Interest Coverage Ratio Clause in Contracts

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day of each fiscal quarter for the four (4) fiscal quarters then ended, to be less than 2.50 to 1.0.

Appears in 3 contracts

Samples: Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

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Minimum Interest Coverage Ratio. The Beginning with the first full fiscal quarter ending after the Effective Date, the Loan Parties shall will not permit the Interest Coverage Ratio, calculated as of determined for the most recent four consecutive fiscal quarter period ending on the last day of each applicable fiscal quarter for the four (4) fiscal quarters then endedquarter, to be less than 2.50 to 1.01.00.

Appears in 3 contracts

Samples: Credit Agreement (Integral Ad Science Holding Corp.), Credit Agreement (Cvent Holding Corp.), Credit Agreement (Integral Ad Science Holding Corp.)

Minimum Interest Coverage Ratio. The Loan Parties shall not at any time permit the Interest Coverage Ratio, calculated as of the last day end of each fiscal quarter for the period equal to the four (4) fiscal quarters then ended, to be less than 2.50 3.50 to 1.01.00.

Appears in 3 contracts

Samples: Revolving Credit Facility (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day of any fiscal quarter permit the Interest Coverage Ratio to be less than 3.00 to 1.00. This covenant shall be calculated as of the end of each fiscal quarter for the four (4) fiscal quarters then ended, to be less than 2.50 to 1.0.

Appears in 3 contracts

Samples: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)

Minimum Interest Coverage Ratio. The Loan Parties As of the end of any fiscal quarter, beginning with the first quarter ending twelve (12) months after the Effective Date or, if earlier, the fiscal quarter ending when the following test was first passed, Borrower shall not permit the its Total Interest Coverage Ratio, calculated as of the last day of each fiscal quarter for the four (4) fiscal quarters then ended, Ratio to be less than 2.50 1.50 to 1.01.00.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.), Loan and Security Agreement (Cim Real Estate Finance Trust, Inc.)

Minimum Interest Coverage Ratio. The Loan Parties shall not Commencing with the first full fiscal quarter ending after the Funding Date, permit the Interest Coverage Ratio, calculated Ratio as of the last day of each any four fiscal quarter for period of the four (4) fiscal quarters then ended, Borrower to be less than 2.50 3.00 to 1.01.00.

Appears in 2 contracts

Samples: Credit Agreement (Waldencast PLC), Credit Agreement (Waldencast Acquisition Corp.)

Minimum Interest Coverage Ratio. The Loan Parties shall Beginning with the fiscal quarter ending March 31, 2017, the Borrower will not permit the Interest Coverage Ratio, calculated determined as of the last day end of each of its fiscal quarter quarters in each case for the period of four (4) consecutive fiscal quarters then endedending with the end of such fiscal quarter, all calculated for the Borrower and its Restricted Subsidiaries on a consolidated basis to be less than 2.50 3.00 to 1.01.00.

Appears in 2 contracts

Samples: Credit Agreement (Myriad Genetics Inc), Credit Agreement (Myriad Genetics Inc)

Minimum Interest Coverage Ratio. The Loan Parties As of the end of any fiscal quarter, beginning with the first fiscal quarter ending after the one (1) year anniversary of the Effective Date, or if earlier, the first fiscal quarter ending after the Effective Date in which the following covenant is satisfied, Borrower shall not permit the its Total Interest Coverage Ratio, calculated as of the last day of each fiscal quarter for the four (4) fiscal quarters then ended, Ratio to be less than 2.50 1.50 to 1.01.00.

Appears in 2 contracts

Samples: Loan and Security Agreement (KKR FS Income Trust), Loan and Security Agreement (KKR FS Income Trust)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day end of each fiscal quarter for the period equal to the four (4) fiscal quarters then ended, to be less than 2.50 2.75 to 1.01.00.

Appears in 2 contracts

Samples: Credit Agreement (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day end of each fiscal quarter for the period equal to the four (4) fiscal quarters then ended, to be less than 2.50 2.75 to 1.0.1.00.the minimum Interest Coverage Ratio set forth opposite the date of each fiscal quarter of the Borrower set forth below:

Appears in 2 contracts

Samples: Credit Agreement (Papa Johns International Inc), Credit Agreement (Papa Johns International Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall not Commencing with the end of the first fiscal quarter ending after the Effective Date, permit the Interest Coverage Ratio, calculated Ratio as of the last day end of each fiscal quarter for the four (4) fiscal quarters then ended, to be less than 2.50 3.00 to 1.01.00.

Appears in 2 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, for the four (4) fiscal quarters then ended, to be less than 2.50 3.00 to 1.01.00.

Appears in 2 contracts

Samples: Credit Agreement (Healthcare Services Group Inc), Credit Agreement (Healthcare Services Group Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as As of the last day of each fiscal quarter, commencing with the first fiscal quarter for ending after the four (4) fiscal quarters then endedBorrowing Limit Election Date, the Borrower will not permit its Consolidated Interest Coverage Ratio to be less than 2.50 3.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (NOW Inc.)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of June 30, 2016 and the last day end of each fiscal quarter for the four (4) fiscal quarters then endedthereafter, to be less than 2.50 3.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage RatioRatio of the Borrowers and their Subsidiaries, calculated as of the last day end of each fiscal quarter for the four (4) immediately preceding fiscal quarters then endedquarters, beginning with the fiscal quarter first ending after the Closing Date and continuing thereafter, to be less than 2.50 3.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Park Electrochemical Corp)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Consolidated Interest Coverage Ratio, calculated as Ratio of the last day Company and its Subsidiaries, as measured at the end of each fiscal quarter for the four (4) fiscal quarters then endedquarter, to be less than 2.50 (i) for the fiscal quarter ended December 31, 2013, 3.00 to 1.01.00, and (ii) for each fiscal quarter thereafter, 3.50 to 1.00.

Appears in 1 contract

Samples: Revolving Credit Facility (Invacare Corp)

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Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day end of each fiscal quarter for the four (4) fiscal quarters then endedquarter, to be less than 2.50 the following amounts for the following periods: Closing Date through December 31, 2010 2.0 to 1.0 March 31, 2011 and thereafter 2.5 to 1.0.

Appears in 1 contract

Samples: Revolving Credit Facility (CONSOL Energy Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage RatioBorrower, calculated as of the last day close of each fiscal quarter for of the four (4) fiscal quarters then endedBorrower specified below, will not permit its Interest Coverage Ratio to be less than (i) 1.15 to 1 for the Borrower's fiscal quarter ended December 31, 2000, (ii) 2.00 to 1 for the Borrower's fiscal quarter ended March 31, 2001 and (iii) 2.50 to 1.01 for each fiscal quarter of the Borrower ending thereafter.

Appears in 1 contract

Samples: Secured Credit Agreement (Maverick Tube Corporation)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day end of each fiscal quarter then ended commencing September 30, 2018 and for the four (4) each fiscal quarters year then endedending commencing December 31, 2018, to be less than 2.50 2.00 to 1.01.00.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility (Shotspotter, Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage Ratio, calculated as of the last day of each fiscal quarter for the four (4) fiscal quarters then ended, Ratio to be less than 2.50 2.25 to 1.01.00 as of the end of any fiscal quarter ending after the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Ferroglobe PLC)

Minimum Interest Coverage Ratio. The Loan Parties shall not permit the Interest Coverage RatioAs of September 30, calculated 2002, and as of the last day of each fiscal quarter thereafter, for the period equal to the four (4) consecutive fiscal quarters then endedending, the Borrower shall not permit the Interest Coverage Ratio to be less than 2.50 4.0 to 1.0.

Appears in 1 contract

Samples: Revolving Credit Facility (Respironics Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall Commencing with the end of the first fiscal quarter ending after the date of Closing, the Company will not permit the Interest Coverage Ratio, calculated Ratio as of the last day end of each fiscal quarter for the four (4) fiscal quarters then ended, to be less than 2.50 3.00 to 1.01.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Brinks Co)

Minimum Interest Coverage Ratio. The Loan Parties shall Beginning with the fiscal quarter ending December 31, 2016, the Borrower will not permit the Interest Coverage Ratio, calculated determined as of the last day end of each of its fiscal quarter quarters in each case for the period of four (4) consecutive fiscal quarters then endedending with the end of such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis to be less than 2.50 3.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Myriad Genetics Inc)

Minimum Interest Coverage Ratio. The Loan Parties shall As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2018, Borrower will not permit the Interest Coverage Ratio, calculated Ratio as of the last day end of each fiscal quarter for the four (4) fiscal quarters then ended, such Fiscal Quarter to be less than 2.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Unit Corp)

Minimum Interest Coverage Ratio. The Loan Parties shall As of the end of each fiscal quarter, commencing with the end of the first fiscal quarter ending after the Closing Date, the Company will not permit the Interest Coverage Ratio, calculated as of the last day of each fiscal quarter for the four (4) fiscal quarters then ended, Ratio to be less than 2.50 4.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Miller Herman Inc)

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