Common use of Consolidated Coverage Ratio Clause in Contracts

Consolidated Coverage Ratio. Infinity will not permit the Consolidated Coverage Ratio for any period of four consecutive fiscal quarters to be less than 3.00 to 1.00; provided, as soon as, and for so long as, the Debt Rating is equal to or greater than A- by S&P and A3 by ▇▇▇▇▇'▇ for any period this Section 5.8 shall be suspended.

Appears in 2 contracts

Sources: 364 Day Credit Agreement (Viacom Inc), Credit Agreement (Viacom Inc)

Consolidated Coverage Ratio. Infinity will not permit the Consolidated Coverage Ratio for any period of four consecutive fiscal quarters to be less than 3.00 to 1.00; provided, as soon as, and for so long as, the Debt Rating is equal to or greater than A- by S&P and A3 by ▇▇▇▇Mood▇'▇ for ▇▇▇ any period this Section 5.8 shall be suspended.

Appears in 2 contracts

Sources: Credit Agreement (Infinity Broadcasting Corp /De/), 364 Day Credit Agreement (Infinity Broadcasting Corp /De/)