Common use of Total Interest Coverage Ratio Clause in Contracts

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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Meristar Hospitality Corp), Revolving Credit Agreement (Meristar Hotels & Resorts Inc)

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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, 19992001, 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.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Meristar Hotels & Resorts Inc), Revolving Credit Agreement (Meristar Hospitality Corp)

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