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

Ratio of Consolidated EBITDA to Consolidated Interest Expense. The Borrower will not permit the ratio, as of the last day of any fiscal quarter of the Borrower, of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1;

Appears in 2 contracts

Samples: Credit Agreement (Energy Transfer Partners Lp), Credit Agreement (Energy Transfer Partners Lp)

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Ratio of Consolidated EBITDA to Consolidated Interest Expense. The Until the Borrower will obtains an investment-grade rating on its Index Debt from any of Xxxxx’x, S&P or Fitch, the Borrower shall not permit its ratio of Consolidated EBITDA to Consolidated Interest Expense in each case for the ratio, four full fiscal quarters most recently ended to be less than 2.75 to 1.00 as of the last day of any fiscal quarter of the Borrower, of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1;quarter.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Duncan Energy Partners L.P.), Term Loan Agreement (Duncan Energy Partners L.P.)

Ratio of Consolidated EBITDA to Consolidated Interest Expense. The Borrower will not permit the ratio, ratio as of the last day of any fiscal quarter of the Borrower, Borrower of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1;

Appears in 1 contract

Samples: Credit Agreement (Heritage Propane Partners L P)

Ratio of Consolidated EBITDA to Consolidated Interest Expense. The Until the Borrower will obtains an investment-grade rating on its Index Debt from any of Mxxxx’x, S&P or Fitch, the Borrower shall not permit its ratio of Consolidated EBITDA to Consolidated Interest Expense in each case for the ratio, four full fiscal quarters most recently ended to be less than 2.75 to 1.00 as of the last day of any fiscal quarter of the Borrowercommencing June 30, of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1;2007.

Appears in 1 contract

Samples: Revolving Credit Agreement (Duncan Energy Partners L.P.)

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Ratio of Consolidated EBITDA to Consolidated Interest Expense. The Borrower will not permit the ratio, as of the last day of any fiscal quarter of the Borrower, of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 11.0;

Appears in 1 contract

Samples: Credit Agreement (Energy Transfer Partners, L.P.)

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