Common use of Fixed Charge Coverage Clause in Contracts

Fixed Charge Coverage. The ratio of Consolidated EBIT to Consolidated Interest Expense will not, for any period of four consecutive fiscal quarters, be less than 2.5 to 1.

Appears in 13 contracts

Sources: Parent Guarantee Agreement (Tyco International LTD /Ber/), 364 Day Revolving Credit Agreement (Tyco International LTD /Ber/), Credit Agreement (Tyco International LTD)

Fixed Charge Coverage. The ratio of Consolidated EBIT to Consolidated Interest Expense will not, for any period of four consecutive fiscal quarters, be less than 2.5 1.15 to 1.

Appears in 1 contract

Sources: Credit Agreement (At&t Capital Corp /De/)