Common use of Total Interest Coverage Clause in Contracts

Total Interest Coverage. Borrower shall not permit the Total Interest Coverage on the last day of any fiscal quarter ending during any of the periods set forth below to be less than the Total Interest Coverage set forth below for such period: Period Minimum Total Interest Coverage Restatement Effective Date through 12/31/02 N.A. 3/31/03 0.85x 6/30/03 1.00x 9/30/03 1.25x Thereafter 1.50x "Total Interest Coverage" will be calculated as illustrated on Exhibit 4.6(D).

Appears in 1 contract

Samples: Credit Agreement (Cherokee International Corp)

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Total Interest Coverage. Borrower shall not permit the Total Interest Coverage on the last day of any fiscal quarter ending during any of the periods set forth below to be less than the Total Interest Coverage set forth below for such period: Period Minimum Total Interest Coverage Restatement Effective Closing Date through 12/31/02 N.A. 3/31/03 0.85x 6/30/03 1.00x 9/30/03 1.25x Thereafter 1.50x "Total Interest Coverage" will be calculated as illustrated on Exhibit 4.6(D).

Appears in 1 contract

Samples: Credit Agreement (Cherokee International Corp)

Total Interest Coverage. Borrower shall not permit the Total Interest Coverage for the twelve (12) month period ending on the last day of any each fiscal quarter ending during any of the periods set forth below to be less than the Total Interest Coverage amount set forth below for such period: . Period Minimum Total Interest Coverage Restatement Effective Date Amount ------ ------ 1/1/97 through 12/31/02 N.A. 3/31/03 0.85x 6/30/03 1.00x 9/30/03 1.25x Thereafter 1.50x "Total Interest Coverage" will be calculated as illustrated on Exhibit 4.6(D).3/31/97 2.25 4/1/97 through 6/30/97 2.25 7/1/97 and each quarter thereafter 3.00

Appears in 1 contract

Samples: Credit Agreement (Thompson Pbe Inc)

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Total Interest Coverage. Borrower shall not permit the Total Interest Coverage on the last day of any fiscal quarter ending during any of the periods set forth below to be less than the Total Interest Coverage set forth below for such period: Period PERIOD Minimum Total Interest Coverage Restatement Effective Closing Date through 12/31/02 N.A. 3/31/03 0.85x 6/30/03 1.00x 9/30/03 1.25x 1.80x 12/31/99 1/1/00 - 6/30/00 2.10x 7/1/00 - 12/31/00 2.25x 1/1/01 - 12/31/01 2.50x Thereafter 1.50x 2.75x "Total Interest Coverage" will be calculated as illustrated on Exhibit 4.6(D).

Appears in 1 contract

Samples: Credit Agreement (Cherokee International Finance Inc)

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