Coverage Ratio. The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 to 1.00 for any period of four consecutive fiscal quarters.
Appears in 10 contracts
Sources: Credit Agreement (Core Laboratories Inc. /DE/), Credit Agreement (Core Laboratories N V), Credit Agreement (Core Laboratories N V)
Coverage Ratio. The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA minus Consolidated Capital Expenditures to (ii) Consolidated Interest Expense, to be less than 3.00 2.5 to 1.00 1.0 for any period of four consecutive fiscal quarters.
Appears in 1 contract
Coverage Ratio. The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 3.5 to 1.00 1.0 for any period of four consecutive fiscal quarters.
Appears in 1 contract