SENIOR DEBT INTEREST COVERAGE RATIO Sample Clauses

SENIOR DEBT INTEREST COVERAGE RATIO. A ratio of EBITDA to Consolidated Interest Expense on Senior Debt for each period of four immediately preceding consecutive fiscal quarters of at least 3.0 to 1.0;
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SENIOR DEBT INTEREST COVERAGE RATIO. Permit, for any period of four consecutive fiscal quarters ending after the date hereof, the ratio of EBITDA for such four consecutive fiscal quarters to Consolidated Interest Expense on Senior Debt for such four consecutive fiscal quarters to be less than 3.5 to 1.0.
Sample 1
SENIOR DEBT INTEREST COVERAGE RATIO. Permit, at the end of each fiscal quarter of the Borrower with respect to the four (4) immediately preceding fiscal quarters then ended (calculated cumulatively, without duplication), the ratio of EBITDA for such four fiscal quarters to Consolidated Interest Expense on Senior Debt for such period to be less than the ratios set forth below opposite the date corresponding thereto. September 30, 2000 6.0:1 December 31, 2000 5.8:1 March 31, 2001 5.0:1 June 30, 2001 4.3:1 September 30, 2001 4.0:1 December 31, 2001 3.7:1 March 31, 2002 3.4:1 June 30, 2002 3.2:1
Sample 1
SENIOR DEBT INTEREST COVERAGE RATIO. A ratio (calculated as set out below) of EBITDA to Consolidated Interest Expense on Senior Debt of at least 3.0 to 1.0;
Sample 1

Related to SENIOR DEBT INTEREST COVERAGE RATIO

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

  • First Lien Leverage Ratio On the last day of any Test Period on which the Revolving Facility Test Condition is then satisfied (it being understood and agreed that this Section 6.15 shall not apply until the last day of the first full Fiscal Quarter ending after the Closing Date), the Borrowers shall not permit the First Lien Leverage Ratio to be greater than 7.75:1.00.

  • Debt Coverage Ratio Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 to 1.0.

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Consolidated Secured Leverage Ratio The Borrower shall cause the Consolidated Secured Leverage Ratio, as of the end of any fiscal quarter, to be equal to or less than 30%.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

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