Interest Coverage. Permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense during any Test Period to be less than the ratio set forth opposite such period below (such ratio, the "Interest Coverage Ratio"): Test Period Interest Coverage Ratio ----------- ----------------------- 10/1/99 - 12/31/99 2.25 1/1/00 - 3/31/00 2.25 4/1/00 - 6/30/00 2.25 7/1/00 - 9/30/00 2.50 10/1/00 - 12/31/00 2.50 1/1/01 - 3/31/01 2.50 4/1/01 - 6/30/01 2.50 7/1/01 - 9/30/01 2.75 10/1/01 - 12/31/01 2.75 1/1/02 - 3/31/02 2.75 4/1/02 - 6/30/02 2.75 7/1/02 - 9/30/02 3.00 10/1/02 - and thereafter 3.00
Appears in 5 contracts
Sources: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), 364 Day Credit Agreement (L 3 Communications Corp)
Interest Coverage. Permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense during any Test Period to be less than the ratio set forth opposite such period below (such ratio, the "Interest Coverage Ratio"): Test Period Interest Coverage Ratio ----------- ----------------------- 7/1/97 - 9/30/97 1.50 10/1/97 - 12/31/97 1.85 1/1/98 - 3/31/98 1.85 4/1/98 - 6/30/98 1.85 7/1/98 - 9/30/98 1.90 10/1/98 - 12/31/98 1.90 1/1/99 - 3/31/99 1.90 4/1/99 - 6/30/99 1.90 7/1/99 - 9/30/99 2.15 10/1/99 - 12/31/99 2.25 2.15 1/1/00 - 3/31/00 2.25 2.15 4/1/00 - 6/30/00 2.25 2.15 7/1/00 - 9/30/00 2.50 2.35 10/1/00 - 12/31/00 2.50 2.35 1/1/01 - 3/31/01 2.50 2.35 4/1/01 - 6/30/01 2.50 2.35 7/1/01 - 9/30/01 2.75 10/1/01 - 12/31/01 2.75 1/1/02 - 3/31/02 2.75 4/1/02 - 6/30/02 2.75 7/1/02 - 9/30/02 3.00 3.10 10/1/02 - and thereafter 3.003.10
Appears in 4 contracts
Sources: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Holdings Inc), Credit Agreement (Southern California Microwave Inc)
Interest Coverage. Permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense during any Test Period to be less than the ratio set forth opposite such period below (such ratio, the "Interest Coverage Ratio"): Test Period Interest Coverage Ratio ----------- ----------------------- 7/1/98 - 9/30/98 2.00 10/1/98 - 12/31/98 2.00 1/1/99 - 3/31/99 2.00 4/1/99 - 6/30/99 2.00 7/1/99 - 9/30/99 2.25 10/1/99 - 12/31/99 2.25 1/1/00 - 3/31/00 2.25 4/1/00 - 6/30/00 2.25 7/1/00 - 9/30/00 2.50 10/1/00 - 12/31/00 2.50 1/1/01 - 3/31/01 2.50 4/1/01 - 6/30/01 2.50 7/1/01 - 9/30/01 2.75 10/1/01 - 12/31/01 2.75 1/1/02 - 3/31/02 2.75 4/1/02 - 6/30/02 2.75 7/1/02 - 9/30/02 3.00 10/1/02 - and thereafter 3.00
Appears in 2 contracts
Sources: 364 Day Credit Agreement (L 3 Communications Corp), Credit Agreement (Southern California Microwave Inc)
Interest Coverage. Permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense during any Test Period to be less than the ratio set forth opposite such period below (such ratio, the "Interest Coverage Ratio"): Test Period Interest Coverage Ratio ----------- ----------------------- 10/1/99 - 12/31/99 2.25 1/1/00 - 3/31/00 2.25 4/1/00 - 6/30/00 2.25 7/1/00 - 9/30/00 2.50 10/1/00 - 12/31/00 2.50 1/1/01 - 3/31/01 2.50 4/1/01 - 6/30/01 2.50 7/1/01 - 9/30/01 2.75 10/1/01 - 12/31/01 2.75 1/1/02 - 3/31/02 2.75 4/1/02 - 6/30/02 2.75 7/1/02 - 9/30/02 3.00 10/1/02 - and thereafter 3.00
Appears in 1 contract