Common use of Ratio of Adjusted EBITDA to Interest Expense Clause in Contracts

Ratio of Adjusted EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter commencing December 31, 2007, permit its ratio of Adjusted EBITDA for the fiscal quarter then ending to cash Interest Expense for such fiscal quarter to be less than 2.5 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Constellation Energy Partners LLC), Credit Agreement (Constellation Energy Partners LLC)

AutoNDA by SimpleDocs

Ratio of Adjusted EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter commencing December 31June 30, 20072006, permit its ratio of Adjusted EBITDA for the fiscal quarter then ending to cash Cash Interest Expense for such fiscal quarter to be less than 2.5 4.5 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Constellation Energy Partners LLC), Credit Agreement (Constellation Energy Partners LLC)

Ratio of Adjusted EBITDA to Interest Expense. The Borrower will notnot permit, as of the last day of any fiscal quarter, commencing with the fiscal quarter commencing December 31ending June 30, 20072013, permit its ratio of Adjusted EBITDA (to be calculated for each Rolling Period ending on such date) for the fiscal quarter then ending to cash Interest Expense for such fiscal quarter to be less than 2.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

AutoNDA by SimpleDocs

Ratio of Adjusted EBITDA to Interest Expense. The Borrower will not, as of the last day of any fiscal quarter commencing December 31September 30, 20072009, permit its ratio of Adjusted EBITDA for the fiscal quarter then ending to cash Interest Expense for such fiscal quarter to be less than 2.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Constellation Energy Partners LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!