FTM Interest Payments definition
FTM Interest Payments means interest due on all Indebtedness of the Borrower at the contract rates over the twelve month period commencing at the date of measurement.
Examples of FTM Interest Payments in a sentence
The Borrower will not permit the ratio of Consolidated EBITDA for any period of four consecutive fiscal quarters, in each case taken as one accounting period, to be less than three times the FTM Interest Payments for such same period of four consecutive fiscal quarters, as determined at the end of each fiscal quarter.