Total Interest Coverage Ratio. Permit the Total Interest Coverage Ratio ----------------------------- as of the end of any fiscal quarter of the Borrowers and their Subsidiaries on a consolidated basis to be less than the following levels for the periods indicated: Period Ratio ------------ Closing Date to and including December 31, 1999 1.75:1 January 1, 2000 to and including December 31, 2000 2.00:1 January 1, 2001 and thereafter 2.25:1
Total Interest Coverage Ratio. The Borrower will not permit the Total Interest Coverage Ratio as at the last day of any fiscal quarter of the Borrower to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Total Interest Coverage Ratio March 31, 2017 2.25 to 1.00 June 30, 2017 2.75 to 1.00 September 30, 2017 2.75 to 1.00 December 31, 2017 2.75 to 1.00 March 31, 2018 2.75 to 1.00 June 30, 2018 3.00 to 1.00 September 30, 2018 3.00 to 1.00 December 31, 2018 3.00 to 1.00 March 31, 2019 3.00 to 1.00 June 30, 2019 and each fiscal quarter ending thereafter 3.25 to 1.00
Total Interest Coverage Ratio. The Parent shall maintain at the end of each Rolling Period (a) for the Rolling Periods ending on September 30, 1998 through December 31, 1999, a Total Interest Coverage Ratio of not less than 2.0 to 1.0 and (b) for any Rolling Period thereafter, a Total Interest Coverage Ratio of not less than 2.5 to 1.0.
Total Interest Coverage Ratio. The Borrower will not permit the Total Interest Coverage Ratio to be less than 3.00 to 1 at any time.
Total Interest Coverage Ratio. The ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense for the Company and its Subsidiaries set forth below for the Test Period ending on each date listed below shall not be less than the ratio set forth opposite such date below: Test Period Ratio ----------- ----- July 31, 1998 ............................... 1.35 to 1.0 October 31, 1998 ............................ 1.35 to 1.0 January 31, 1999 ............................ 1.35 to 1.0 April 30, 1999 .............................. 1.35 to 1.0 July 31, 1999 ............................... 1.35 to 1.0 October 31, 1999 ............................ 1.40 to 1.0 January 31, 2000 ............................ 1.40 to 1.0 April 30, 2000 .............................. 1.40 to 1.0 July 31, 2000 ............................... 1.40 to 1.0 October 31, 2000 ............................ 1.50 to 1.0 January 31, 2001 ............................ 1.50 to 1.0 April 30, 2001 .............................. 1.50 to 1.0 July 31, 2001 ............................... 1.50 to 1.0 October 31, 2001 ............................ 1.75 to 1.0 January 31, 2002 ............................ 1.75 to 1.0 April 30, 2002 .............................. 1.75 to 1.0 July 31, 2002 ............................... 1.75 to 1.0 October 31, 2002 ............................ 2.00 to 1.0 January 31, 2003 ............................ 2.00 to 1.0 April 30, 2003 .............................. 2.00 to 1.0 July 31, 2003 ............................... 2.00 to 1.0 October 31, 2003 ............................ 2.00 to 1.0 -114-
Total Interest Coverage Ratio. As of the last day of any fiscal quarter, permit the Total Interest Coverage Ratio to be less than the following levels during the periods indicated: Period Ratio ------ ----- Closing Date to and including December 31, 1999 1:40:1 January 1, 2000 to and including December 31, 2000 1:50:1 January 1, 2001 to and including December 31, 2001 1:60:1 January 1, 2002 and thereafter 1:75:1
Total Interest Coverage Ratio. The Borrower will not permit the ratio of (i) Consolidated EBITDA of the Borrower to (ii) Consolidated Interest Expense of the Borrower for any Test Period ending during any period listed below to be less than the ratio set forth opposite such date below: 64 -58-
Total Interest Coverage Ratio. The Borrower will not permit the ratio of (a) Consolidated EBITDA of the Borrower for any Test Period ended on or about a date specified in the table below to (b) Consolidated Interest Expense of the Borrower for any Test Period ended on or about a date specified in the table below (provided, however in the case of periods ending on March 31, June 30, or September 30 of 1998, the Consolidated Interest Expense of the Borrower shall be annualized based on the most recently completed three month, six month or nine month period, respectively), to be less than the ratio set forth opposite such date in such table: TEST PERIOD ENDING RATIO ------------------ ----- March 31, 1998 . . . . . . . . . . . . . . . . 2.00 to 1.00 . . . . . . . . . . . . . . . . . . 2.00 to 1.00 June 30, 1998. . . . . . . . . . . . . . . . . 2.00 to 1.00 September 30, 1998 . . . . . . . . . . . . . . 2.00 to 1.00 December 31, 1998. . . . . . . . . . . . . . . 2.00 to 1.00 March 31, 1999 . . . . . . . . . . . . . . . . 2.15 to 1.00 June 30, 1999. . . . . . . . . . . . . . . . . 2.15 to 1.00 September 30, 1999 . . . . . . . . . . . . . . 2.25 to 1.00 December 31, 1999. . . . . . . . . . . . . . . 2.25 to 1.00 March 31, 2000 . . . . . . . . . . . . . . . . 2.25 to 1.00 June 30, 2000. . . . . . . . . . . . . . . . . 2.25 to 1.00 September 30, 2000 . . . . . . . . . . . . . . 2.50 to 1.00 December 31, 2000. . . . . . . . . . . . . . . 2.50 to 1.00 March 31, 2001 . . . . . . . . . . . . . . . . 2.50 to 1.00 June 30, 2001. . . . . . . . . . . . . . . . . 2.50 to 1.00 September 30, 2001 . . . . . . . . . . . . . . 2.75 to 1.00 December 31, 2001. . . . . . . . . . . . . . . 2.75 to 1.00 March 31, 2002 . . . . . . . . . . . . . . . . 2.75 to 1.00 June 30, 2002. . . . . . . . . . . . . . . . . 2.75 to 1.00 September 30, 2002 . . . . . . . . . . . . . . 3.00 to 1.00 -77- December 31, 2002. . . . . . . . . . . . . . . 3.00 to 1.00 March 31, 2003 . . . . . . . . . . . . . . . . 3.00 to 1.00 June 30, 2003. . . . . . . . . . . . . . . . . 3.00 to 1.00 September 30, 2003 . . . . . . . . . . . . . . 3.25 to 1.00 December 31, 2003. . . . . . . . . . . . . . . 3.25 to 1.00 March 31, 2004 . . . . . . . . . . . . . . . . 3.25 to 1.00 June 30, 2004. . . . . . . . . . . . . . . . . 3.25 to 1.00 September 30, 2004 . . . . . . . . . . . . . . 3.50 to 1.00 December 31, 2004. . . . . . . . . . . . . . . 3.50 to 1.00 ; PROVIDED that, for purposes of this Section 7.02, Consolidated EBITDA for a given Test Period (x) ...
Total Interest Coverage Ratio. Commencing on the Second Amendment Date, Borrower shall maintain at all times, measured at each fiscal quarter end, a Total Interest Coverage Ratio greater than 3.5:1.0.
Total Interest Coverage Ratio. The Company shall not permit at any time the ratio of (i) Consolidated EBITDA of the Company to (ii) Interest Expense for the most recently completed four fiscal quarter period of the Company to be less than 3.00 to 1.00."
