Ratio of Consolidated EBITDA to Consolidated Interest Expense. Until the Borrower 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 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.
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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. Until the The Borrower obtains an investment-grade rating on its Index Debt from any of Xxxxx’x, S&P or Fitch, the Borrower shall will not permit its ratio of Consolidated EBITDA to Consolidated Interest Expense in each case for the four full fiscal quarters most recently ended to be less than 2.75 to 1.00 ratio, as of the last day of any fiscal quarter.quarter of the Borrower, of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1;
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Samples: Credit Agreement (Energy Transfer Partners Lp), Credit Agreement (Energy Transfer Partners Lp)
Ratio of Consolidated EBITDA to Consolidated Interest Expense. Until the The Borrower obtains an investment-grade rating on its Index Debt from any of Xxxxx’x, S&P or Fitch, the Borrower shall will not permit its ratio of Consolidated EBITDA to Consolidated Interest Expense in each case for the four full fiscal quarters most recently ended to be less than 2.75 to 1.00 ratio, as of the last day of any fiscal quarter.quarter of the Borrower, of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1.0;
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Ratio of Consolidated EBITDA to Consolidated Interest Expense. Until the Borrower obtains an investment-grade rating on its Index Debt from any of Xxxxx’xMxxxx’x, S&P or Fitch, the Borrower shall not permit its ratio of Consolidated EBITDA to Consolidated Interest Expense in each case for the four full fiscal quarters most recently ended to be less than 2.75 to 1.00 as of the last day of any fiscal quarterquarter commencing June 30, 2007.
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Samples: Revolving Credit Agreement (Duncan Energy Partners L.P.)
Ratio of Consolidated EBITDA to Consolidated Interest Expense. Until the The Borrower obtains an investment-grade rating on its Index Debt from any of Xxxxx’x, S&P or Fitch, the Borrower shall will not permit its the ratio of Consolidated EBITDA to Consolidated Interest Expense in each case for the 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.quarter of the Borrower of Consolidated EBITDA to Consolidated Interest Expense to be less than 2.25 to 1;
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