Common use of Interest Expense Coverage Ratio Clause in Contracts

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.00

Interest Expense Coverage Ratio. The Commencing on December 31, 2001 and at any time thereafter, the Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below for which financial statements have most recently been delivered under Section 6.09(a) or (b) at such time, to be less than the ratio set forth opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.002.50 to 1.00.

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 Effective Date through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.003.25:1.00

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below to (b) Consolidated Interest Expense for such four consecutive fiscal quarters to be less than the ratio set forth below opposite such periodperiod on the last day of such fiscal quarter: December 29July 1, 2001 2.50:1.00 December 2004 to and including June 30, 2001 through March 2006 2.25 to 1.00 July 1, 2006 to and including June 30, 2002 2.75:1.00 March 312008 2.50 to 1.00 July 1, 2002 through 2008 to and including June 2830, 2003 3.00:1.00 June 292009 2.75 to 1.00 July 1, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 2009 and thereafter 3.50:1.003.00 to 1.00

Interest Expense Coverage Ratio. The At the last day of any Fiscal Quarter ending during any period set forth below, the Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters Fiscal Quarters (subject to Section 6.15) ending during any period set forth below on such date, to be less than the ratio set forth below opposite such period: December 29, 2001 2.50:1.00 December Period Ratio September 30, 2001 through 2002 - March 30, 2002 2.75:1.00 2003 2.00:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.002.50:1.00

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such period: Period Ratio ------ ----- August 4, 1999 to December 30, 2000 2.00 to 1.00 December 31, 2000 to June 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.002.25 to 1.00

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through Period Ratio Through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.00

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case Expense for the any period of four consecutive fiscal quarters ending during with any period set forth fiscal quarter referred to below to be less than the ratio set forth opposite below with respect to such periodfiscal quarter: December 29, 2001 Fiscal Quarter Ratio Third Quarter of Fiscal Year 2006 Through First Quarter of Fiscal Year 2007 2.00:1.00 Second Quarter of Fiscal Year 2007 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and Each Quarter thereafter 3.50:1.003.00:1.00” (k) Article VII of the Credit Agreement is hereby amended by adding the following new Sections:

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: December 29Period Ratio ------ ----- January 1, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 2003 to March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 262004 1.00 to 1.00 April 1, 2004 3.25:1.00 to June 2730, 2004 1.25 to 1.00 July 1, 2004 to December 31, 2004 1.50 to 1.00 January 1, 2005 to June 30, 2005 2.00 to 1.00 July 1, 2005 and thereafter 3.50:1.002.50 to 1.00

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for as of the period last day of four consecutive any fiscal quarters ending quarter during any period set forth below below, to be less than the ratio set forth below opposite such period: December Period Ratio Effective Date to September 28, 2001 1.35 to 1.00 September 29, 2001 2.50:1.00 December 30, 2001 through March 30to September 27, 2002 2.75:1.00 March 311.75 to 1.00 September 28, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.00to Maturity Date 2.00 to 1.00

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such period: Period Ratio ------ ----- August 4, 1999 to December 30, 2000 2.00 to 1.00 December 31, 2000 to June 29, 2001 2.50:1.00 December 2.25 to 1.00 June 30, 2001 through March to June 29, 2002 2.50 to 1.00 June 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 to June 29, 2003 through 2.75 to 1.00 June 2630, 2004 3.25:1.00 June 27, 2004 2003 and thereafter 3.50:1.003.00 to 1.00

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case Expense for the any period of four consecutive fiscal quarters ending during with any period set forth fiscal quarter referred to below to be less than the ratio set forth opposite below with respect to such periodfiscal quarter: December 29, 2001 Third Quarter of Fiscal Year 2006 Through First Quarter of Fiscal Year 2007 2.00:1.00 Second Quarter of Fiscal Year 2007 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and Each Quarter thereafter 3.50:1.003.00:1.00” (k) Article VII of the Credit Agreement is hereby amended by adding the following new Sections:

Interest Expense Coverage Ratio. The Borrower shall Company will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such period: January 1, 2004 through December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 2005 6.00 to 1.00 January 1, 2006 through June 28December 31, 2003 3.00:1.00 June 292006 6.50 to 1.00 January 1, 2003 2007 through June 26December 31, 2004 3.25:1.00 June 272007 7.00 to 1.00 January 1, 2004 2008 and thereafter 3.50:1.007.50 to 1.00

Interest Expense Coverage Ratio. The Borrower Guarantor shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case Expense for the any period of four consecutive fiscal quarters ending during with any period set forth fiscal quarter referred to below to be less than the ratio set forth opposite below with respect to such periodfiscal quarter: December 29, 2001 Third Quarter of Fiscal Year 2006 Through First Quarter of Fiscal Year 2007 2.00:1.00 Second Quarter of Fiscal Year 2007 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and Each Quarter thereafter 3.50:1.003.00:1.00” (i) Article VII of the Term Loan Agreement is hereby amended by adding the following new Sections:

Interest Expense Coverage Ratio. The Borrower shall Company will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such period: December 29, 2001 2.50:1.00 December June 30, 2001 through March 30, 2002 2.75:1.00 March 2003 to and including December 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 262.75 to 1.00 January 1, 2004 3.25:1.00 June 27to and including December 31, 2004 and 3.00 to 1.00 thereafter 3.50:1.003.25 to 1.00

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such the period: Period Ratio ------ ----- Effective Date through and including 1.75 to 1.00 December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 2005 January 1, 2006 through June 28and including 2.00 to 1.00 December 31, 2003 3.00:1.00 June 292006 January 1, 2003 2007 through June 26and including 2.25 to 1.00 December 31, 2004 3.25:1.00 June 272007 January 1, 2004 2008 and thereafter 3.50:1.002.50 to 1.00

Interest Expense Coverage Ratio. The Borrower shall Borrowers will not permit the ratio of (ia) Consolidated EBITDA EBIT to (iib) Consolidated Interest Expense, in each case for the any period of four (4) consecutive fiscal quarters Fiscal Quarters ending during as at the last day of any period set forth below below, to be less than the ratio set forth below opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 Period Ratio 6/30/11 1.50:1.0 9/30/11 2.25:1.0 12/31/11 and thereafter 3.50:1.002.50:1.0

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such the period: Period Ratio ------ ----- Restatement Effective Date through and including December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 2005 1.75 to 1.00 January 1, 2006 through June 28and including December 31, 2003 3.00:1.00 June 292006 2.00 to 1.00 January 1, 2003 2007 through June 26and including December 31, 2004 3.25:1.00 June 272007 2.25 to 1.00 January 1, 2004 2008 and thereafter 3.50:1.002.50 to 1.00

Interest Expense Coverage Ratio. The At the last day of any Fiscal Quarter ending during any period set forth below, the Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters Fiscal Quarters (subject to Section 6.15) ending during any period set forth below on such date, to be less than the ratio set forth below opposite such period: December 29, 2001 2.50:1.00 December September 30, 2001 through 2002 - March 30, 2002 2.75:1.00 2003 2.00:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.002.50:1.00

Interest Expense Coverage Ratio. The Borrower shall Company will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Cash Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such period: December 29, 2001 2.50:1.00 December Period Ratio ------ ----- June 30, 2001 through March 30, 2002 2.75:1.00 March 2003 to and including December 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 262.75 to 1.00 January 1, 2004 3.25:1.00 June 27to and including December 31, 2004 and 3.00 to 1.00 thereafter 3.50:1.003.25 to 1.00

Interest Expense Coverage Ratio. The Borrower shall Holdings will not permit the ratio of (ia) Pro Forma Adjusted Consolidated EBITDA to (iib) Consolidated Interest Expense, in each case for as of the last day of any period of four consecutive fiscal quarters ending on or about any date during any period set forth below below, to be less than the ratio set forth below opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 Period Ratio Effective Date through March 30, 2002 2.75:1.00 March 31, 2002 2007 2.75 to 1.00 April 1, 2007 through June 28December 31, 2003 3.00:1.00 June 292007 3.25 to 1.00 January 1, 2003 2008 through June 26December 31, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.002008 4.00 to 1.00 Thereafter 4.50 to 1.00

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: 203 Period Ratio December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.00

Interest Expense Coverage Ratio. The Borrower shall not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four consecutive fiscal quarters ending during any period set forth below to be less than the ratio set forth opposite such period: December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 Effective Date through June 28, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.00

Interest Expense Coverage Ratio. The Borrower shall Company will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such period: Period Ratio ------ ----- Effective Date through and 2.00 to 1.00 including December 2931, 2001 2.50:1.00 December 30, 2001 through March 30January 1, 2002 2.75:1.00 March through and 2.25 to 1.00 including December 31, 2002 through June 28January 1, 2003 3.00:1.00 June 29, 2003 through June 26, 2004 3.25:1.00 June 27, 2004 and thereafter 3.50:1.002.50 to 1.00

Interest Expense Coverage Ratio. The Borrower shall will not permit the ratio of (ia) Consolidated EBITDA to (iib) Consolidated Interest Expense, in each case for the any period of four consecutive fiscal quarters ending on any date during any period set forth below below, to be less than the ratio set forth below opposite such the period: Period Ratio ------ ----- Effective Date through and including December 29, 2001 2.50:1.00 December 30, 2001 through March 30, 2002 2.75:1.00 March 31, 2002 2005 1.75 to 1.00 January 1, 2006 through June 28and including December 31, 2003 3.00:1.00 June 292006 2.00 to 1.00 January 1, 2003 2007 through June 26and including December 31, 2004 3.25:1.00 June 272007 2.25 to 1.00 January 1, 2004 2008 and thereafter 3.50:1.002.50 to 1.00