Common use of EBITDA to Interest Expense Ratio Clause in Contracts

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:

Appears in 1 contract

Sources: Senior Export and Working Capital Facility Agreement

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:3.0:1.0.

Appears in 1 contract

Sources: Senior Export and Working Capital Facility Agreement (Gerdau Ameristeel Corp)

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:3.0:1.

Appears in 1 contract

Sources: Senior Export and Working Capital Facility Agreement (Gerdau Ameristeel Corp)

EBITDA to Interest Expense Ratio. Gerdau shall not permit the ratio of Minimum EBITDA to Interest Expense calculated for any period of four consecutive fiscal quarters ending on each Date of Determination to be less than 3.0:3.0:1.0.

Appears in 1 contract

Sources: Credit Agreement (Gerdau Ameristeel Corp)