Common use of Interest Coverage Ratios Clause in Contracts

Interest Coverage Ratios. (i) The Company Parties shall not permit the ratio of (i) EBITDA of Parent and its subsidiaries on a consolidated basis for such period to (ii) the sum of (x) Cash Interest Expense (as such term is defined in the March 2000 Senior Credit Agreement) and Parent and its subsidiaries on a consolidated basis for such period PLUS (y) the aggregate amount of all Preferred Dividends (as such term is defined in the March 2000 Senior Credit Agreement) paid in cash during such period to be less than 2.3375:1.00 for each of the four Fiscal Quarter periods ending June 30, 2000, September 30, 2000 and December 31, 2000, and 2.55:1.00 for each of the four Fiscal Quarter periods ending at the end of each Fiscal Quarter thereafter; and (ii) The Company Parties shall not permit the ratio of (i) the sum of (x) EBITDA of Parent and its subsidiaries on a consolidated basis for such period, MINUS (y) the aggregate amount of all Maintenance Capital Expenditures made by the Issuers and their subsidiaries during such period to (ii) the sum of (x) Cash Interest Expense (as such term is defined in the March 2000 Senior Credit Agreement) of Parent and its subsidiaries on a consolidated basis for such period, PLUS (y) the aggregate amount of all Preferred Dividends (as such term is defined in the March 2000 Senior Credit Agreement) paid in cash during such period to be less than 1.9125:1.00 for each of the four Fiscal Quarter periods ending June 30, 2000, September 30, 2000 and December 31, 2000, and 2.125:1.00 for each of the four Fiscal Quarter periods ending at the end of each Fiscal Quarter thereafter.

Interest Coverage Ratios. (i) The Company Parties shall not permit the ratio of (i) EBITDA of Parent and its subsidiaries on a consolidated basis for such period to (ii) the sum of (x) Cash Interest Expense (as such term is defined in the March 2000 Senior Credit Agreement) and Parent and its subsidiaries on a consolidated basis for such period PLUS (y) the aggregate amount of all Preferred Dividends (as such term is defined in the March 2000 Senior Credit Agreement) paid in cash during such period to be less than 2.3375:1.00 for each of the four Fiscal Quarter periods ending June 30, 2000, September 30, 2000 and December 31, 2000, and 2.55:1.00 for each of the four Fiscal Quarter periods ending at the end of each Fiscal Quarter thereafter; and (ii) The Company Parties shall not permit the ratio of (i) the sum of (x) EBITDA of Parent and its subsidiaries on a consolidated basis for such period, MINUS (y) the aggregate amount of all Maintenance Capital Expenditures made by the Issuers and their subsidiaries during such period to (ii) the sum of (x) Cash Interest Expense (as such term is defined in the March 2000 Senior Credit Agreement) of Parent and its subsidiaries on a consolidated basis for such period, PLUS (y) the aggregate amount of all Preferred Dividends (as such term is defined in the March 2000 Senior Credit Agreement) paid in cash during such period to be less than 1.9125:1.00 for each of the four Fiscal Quarter periods ending June 30, 2000, September 30, 2000 and December 31, 2000, and 2.125:1.00 for each of the four Fiscal Quarter periods ending at the end of each Fiscal Quarter thereafter.and