Common use of Interest Coverage Test Clause in Contracts

Interest Coverage Test. The ratio of Consolidated Operational EBITDA of the Borrower and its Consolidated Subsidiaries to Consolidated Interest Expense of the Borrower and its Consolidated Subsidiaries for any period of four consecutive fiscal quarters shall equal or exceed 3.5:1.0.

Appears in 2 contracts

Sources: Competitive Advance and Revolving Credit Facility Agreement (At&t Wireless Services Inc), 364 Day Competitive Advance and Revolving Credit Facility Agreement (At&t Wireless Services Inc)