Common use of Consolidated EBITDA to Consolidated Interest Expense Clause in Contracts

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in the table below, Consolidated EBITDA shall equal or exceed the percentage set forth in the table below of Consolidated Interest Expense. Period Ending Percentage -------------- ---------- March 31, 1997 175% June 30, 1997 through June 29, 1998 200% June 30, 1998 and thereafter 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (American Tower Corp)

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in Company, commencing with the table belowperiod ending September 30, 1997, Consolidated EBITDA shall equal or exceed the percentage of Consolidated Interest Expense set forth in the table below of Consolidated Interest Expense. for such period: Period Ending Percentage -------------- ------------- ---------- March 31, 1997 175% June Prior to September 30, 1997 through June 29, 1998 2001999 300% June September 30, 1998 1999 and thereafter 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.325%

Appears in 1 contract

Sources: Credit Agreement (Buckeye Cellulose Corp)

Consolidated EBITDA to Consolidated Interest Expense. For ---------------------------------------------------- each period of four consecutive fiscal quarters of the Company set forth in the table belowCompany, Consolidated EBITDA shall equal or exceed the percentage set forth in the table below of Consolidated Interest Expense. Period Ending Percentage -------------- ------------- ---------- March Prior to May 31, 1997 175% June 30, 1997 through June 29, 1998 2000 200% June 301, 1998 2000 and thereafter 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.%

Appears in 1 contract

Sources: Credit Agreement (Westower Corp)

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in the table belowCompany, Consolidated EBITDA shall equal or exceed the percentage of Consolidated Interest Expense set forth in the table below of Consolidated Interest Expense. Period below: Fiscal Quarter Ending Percentage -------------- ---------- Prior to September 30, 2001 300% September 30, 2001 275% through March 31, 1997 1752002 June 30, 2002 300% through December 31, 2002 March 31, 2003 315% June 30, 1997 through June 29, 1998 2002003 325% June 30, 1998 and thereafter 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.thereafter

Appears in 1 contract

Sources: Credit Agreement (Buckeye Technologies Inc)

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in the table belowCompany, Consolidated EBITDA shall equal or exceed the percentage of Consolidated Interest Expense set forth in the table below of Consolidated Interest Expense. Period below: Fiscal Quarter Ending Percentage -------------- --------------------- ---------- December 31, 2001 215% March 31, 1997 1752002 185% June 30, 1997 through June 292002 170% September 30, 1998 2002 170% December 31, 2002 175% March 31, 2003 200% June 30, 1998 2003 220% September 30, 2003 325%" and thereafter 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.thereafter

Appears in 1 contract

Sources: Credit Agreement (Buckeye Technologies Inc)

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in the table belowCompany, Consolidated EBITDA shall equal or exceed the percentage of Consolidated Interest Expense set forth in the table below of Consolidated Interest Expense. Period below: Fiscal Quarter Ending Percentage -------------- --------------------- ---------- June 30, 2003 210% September 30, 2003 200% December 31, 2003 195% through March 31, 1997 175% 2004 June 30, 1997 through June 29, 1998 2004 200% June September 30, 1998 and thereafter 2502004 215% For the fiscal quarter ending through December 31, 19962004 March 30, 400% 2005 240%" and thereafter 2.6. Amendment of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% Section 6.5.4. Section 6.5.4 of 400% of Consolidated Interest Expense for such fiscal quarter.the Credit Agreement is amended to read in its entirety as follows:

Appears in 1 contract

Sources: Credit Agreement (Buckeye Technologies Inc)

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in the table belowCompany, Consolidated EBITDA shall equal or exceed the percentage of Consolidated Interest Expense set forth in the table below of Consolidated Interest Expense. Period below: Fiscal Quarter Ending Percentage -------------- --------------------- ---------- Prior to September 30, 2001 300% September 30, 2001 260% December 31, 2001 215% March 31, 1997 1752002 200% through June 30, 2002 September 30, 2002 230% December 31, 2002 300% March 31, 2003 315% June 30, 1997 through June 29, 1998 200% June 30, 1998 2003 325%" and thereafter 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.thereafter

Appears in 1 contract

Sources: Credit Agreement (Buckeye Technologies Inc)

Consolidated EBITDA to Consolidated Interest Expense. For each period of four consecutive fiscal quarters of the Company set forth in the table belowCompany, Consolidated EBITDA shall equal or exceed the percentage of Consolidated Interest Expense set forth in the table below of Consolidated Interest Expense. Period below: Fiscal Quarter Ending Percentage -------------- ---------- December 31, 2003 165% March 31, 1997 2004 175% through June 30, 2004 September 30, 2004 180% December 31, 2004 185% through March 31, 2005 June 30, 2005 190% September 30, 2005 200% December 31, 2005 210% March 31, 2006 220% June 30, 1997 2006 225% through June 29March 31, 1998 200% 2007 June 30, 1998 and thereafter 2007 250% For the fiscal quarter ending December 31, 1996, 400% of Consolidated EBITDA for such fiscal quarter shall equal or exceed 175% of 400% of Consolidated Interest Expense for such fiscal quarter.and thereafter

Appears in 1 contract

Sources: Credit Agreement (Buckeye Technologies Inc)