Common use of Senior Debt Coverage Ratio Clause in Contracts

Senior Debt Coverage Ratio. The Company shall not permit the Senior Debt Coverage Ratio as of the last day of each fiscal quarter to be greater than (i) 3.65 to 1.00 for the period beginning on the Closing Date through and including June 30, 1999; (ii) 3.35 to 1.00 for the period beginning July 1, 1999 through and including September 30, 1999; (iii) 3.00 to 1.00 for the period beginning October 1, 1999 through and including March 31, 2000; (iv) 2.75 to 1.00 for the period beginning April 1, 2000 through and including June 30, 2000; and (v) 2.50 to 1.00 thereafter.

Senior Debt Coverage Ratio. The Company shall not permit the Senior Debt Coverage Ratio as of the last day of each fiscal quarter at any time during a period specified below to be greater than (i) 3.65 to 1.00 for the period beginning on the Closing Date through and including June 30, 1999; (ii) 3.35 to 1.00 for the period beginning July 1, 1999 through and including September 30, 1999; (iii) 3.00 2.50 to 1.00 for the period beginning October 1, 1999 2002 through and including March 31, 20002003; (ivii) 2.75 2.25 to 1.00 for the period beginning April 1, 2000 2003 through and including June September 30, 20002003; (iii) 2.00 to 1.00 for the period beginning October 1, 2003 through and including December 31, 2003, and (viv) 2.50 1.75 to 1.00 for the period beginning January 1, 2004 and thereafter."

Senior Debt Coverage Ratio. The Company shall not permit the Senior Debt Coverage Ratio as of the last day of each fiscal quarter at any time during a period specified below to be greater than (i) 3.65 to 1.00 for the period beginning on the Closing Date through and including June 30, 1999; (ii) 3.35 2.50 to 1.00 for the period beginning July 1, 1999 through and including September 30, 1999; (iii) 3.00 to 1.00 for the period beginning October 1, 1999 2002 through and including March 31, 2000; (iv) 2.75 to 1.00 for the period beginning April 1, 2000 through and including June 30, 20002003; and (vii) 2.50 2.25 to 1.00 thereafter."

Senior Debt Coverage Ratio. The Company shall not permit the Senior Debt Coverage Ratio as of the last day of each fiscal quarter at any time during a period specified below to be greater than (i) 3.65 2.75 to 1.00 for the period beginning on the Closing Date through and including June 30December 31, 19992001; (ii) 3.35 2.50 to 1.00 for the period beginning January 1, 2002 through and including June 30, 2002; (iii) 2.25 to 1.00 for the period beginning July 1, 1999 2002 through and including September 30, 1999; (iii) 3.00 to 1.00 for the period beginning October 1, 1999 through and including March December 31, 20002002; and (iv) 2.75 to 1.00 for the period beginning April 1, 2000 through and including June 30, 2000; and (v) 2.50 2.00 to 1.00 thereafter.