TOTAL DEBT INTEREST COVER Sample Clauses

TOTAL DEBT INTEREST COVER to ensure that on each Quarter Day falling within the period set out in column (1) below the ratio of Annualised Consolidated Net Operating Cash Flow (calculated on each such Quarter Day by reference to the Six Month Period ending on such day) to the amount of Total Debt Interest Charges incurred during the Twelve Month Period ending on such Quarter Day shall not be less than the number set out against such period in column (2) below: (2) YEAR RATIO ------ ----------------- from the date of this Agreement to (and including) 31 December 2001 1.0:1 ----------------- from (and including) 1 January 2002 to (and including) 31 December 2002 1.25:1 ----------------- from (and including) 1 January 2003 to (and including) 31 December 2003 1.50:1 ----------------- from (and including) 1 January 2004 to (and including) 31 December 2004 1.75:1 ----------------- from (and including) 1 January 2005 thereafter 2.00:1 =================
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TOTAL DEBT INTEREST COVER to ensure that on the Quarter Day set out in column (1) below the ratio of Twelve Month Consolidated EBITDA in respect of the Twelve Month Period ending on such day to Total Debt Interest Charges during such Twelve Month Period (or, in the case of the Quarter Days 31 December 2004 and 31 March 2005 only, twice the Total Debt Interest Charges during such Six Month Period ending on such Quarter Day) shall not be less than the number set out against such Quarter Day in column (2) below. (1) Period (2) Ratio
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TOTAL DEBT INTEREST COVER. The existing table in clause 22.1.3 (Total Debt Interest Cover) of the Original Agreement will be replaced with the table set out in Schedule 1, part III below.
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Related to TOTAL DEBT INTEREST COVER

  • 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.

  • 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.

  • 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.

  • Total Debt The total Debt of all Consolidated Subsidiaries of the Borrower, excluding the Debt, if any, owed by such Consolidated Subsidiaries to the Borrower or another Consolidated Subsidiary of the Borrower, will at no time exceed an amount equal to $500,000,000 (or the Exchange Equivalent thereof).

  • 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.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Interest Charge If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1. This charge is in lieu of any interest charge.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

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