Examples of Consolidated Net Interest Payable in a sentence
The Company must ensure that the ratio of Consolidated EBITDA to Consolidated Net Interest Payable is, at the end of each Measurement Period, greater than 4 to 1.
The Company must ensure that on each Testing Date the ratio of Consolidated EBITA to Consolidated Net Interest Payable for the Measurement Period ending on that Testing Date is not less than 3:1.
Consolidated Net Interest Payable means Consolidated Interest Payable less Consolidated Interest Receivable during the relevant Measurement Period.
Imperial shall ensure that the ratio of Consolidated EBITDA to Consolidated Net Interest Payable for each Measurement Period ending on or after 1 March 2007 is not less than 4.00:1.
The Company must ensure that the ratio of Consolidated EBITA to Consolidated Net Interest Payable is not, at the end of each Measurement Period, less than 3.4:1 to the period ending 30 March 2004 and then 3.65:1 thereafter.