Common use of Minimum Consolidated Interest Coverage Ratio Clause in Contracts

Minimum Consolidated Interest Coverage Ratio. Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Company to be less than the ratio set forth below opposite such fiscal quarter: June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:1

Appears in 1 contract

Sources: Credit Agreement (Envista Holdings Corp)

Minimum Consolidated Interest Coverage Ratio. Permit The Company will not permit the Consolidated Interest Coverage Ratio Ratio, determined as of the end of any each of its fiscal quarter quarters for the period of four (4) consecutive fiscal quarters ending with the Company end of such fiscal quarter, to be less than the ratio set forth below opposite such fiscal quarter: June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:13.0 to 1.0.

Appears in 1 contract

Sources: Credit and Guarantee Agreement (Mylan Laboratories Inc)

Minimum Consolidated Interest Coverage Ratio. Permit the Consolidated Interest Coverage Ratio The Borrower -------------------------------------------- will not, as of the end last day of any fiscal quarter of the Company Borrower, commencing with the fiscal quarter ending March 31, 2002, permit the Consolidated Interest Coverage Ratio for the period of four fiscal quarters ending on such day, to be less than the ratio set forth below opposite such fiscal quarter: June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:13.5 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Gardner Denver Inc)

Minimum Consolidated Interest Coverage Ratio. Permit The Borrower will not permit the Consolidated Interest Coverage Ratio as of the end of for any fiscal quarter of the Company Borrower set forth below to be less than the ratio set forth below opposite such fiscal quarterquarter below: Fiscal Quarter Ending Ratio March 31, 2016 2.00:1.00 June 30, 2020October 22016 2.00:1.00 September 30, 2020December 2016 2.25:1.00 December 31, 2020 2016 2.25:1.00 March 31, 2021 2.00:12017 2.50:1.00 June 30, 2017 2.50:1.00 September 30, 2017 2.75:1.00 December 30, 2017 and each fiscal quarter thereafter 3.00:1.00

Appears in 1 contract

Sources: Credit Agreement (Manitowoc Foodservice, Inc.)

Minimum Consolidated Interest Coverage Ratio. Permit the Consolidated Interest Coverage Ratio The Borrower -------------------------------------------- will not, as of the end last day of any fiscal quarter of the Company Borrower, commencing with the fiscal quarter ending September 30, 2004, permit the Consolidated Interest Coverage Ratio for the period of four fiscal quarters ending on such day, to be less than the ratio set forth below opposite such fiscal quarter: June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:13.25 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Gardner Denver Inc)

Minimum Consolidated Interest Coverage Ratio. Permit The Company and the Borrower will not permit the Consolidated Interest Coverage Ratio as of the end last day of any fiscal quarter of the Company Fiscal Quarter occurring during any period set forth below to be less than the ratio set forth below opposite such fiscal quarterperiod: June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:1First and Second 2.50:1.0 Third and Fourth 3.00:1.0 Fifth and Sixth 3.50:1.0 Seventh and thereafter 4.00:1.0

Appears in 1 contract

Sources: Credit Agreement (Las Vegas Sands Corp)

Minimum Consolidated Interest Coverage Ratio. Permit the Consolidated Interest Coverage Ratio The Borrower -------------------------------------------- will not, as of the end last day of any fiscal quarter of the Company Borrower, commencing with the fiscal quarter ending December 31, 1997, permit the Consolidated Interest Coverage Ratio for the period of four fiscal quarters ending on such day, to be less than the ratio set forth below opposite such fiscal quarter: June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:13.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Gardner Denver Inc)

Minimum Consolidated Interest Coverage Ratio. Permit The Borrower will not permit the Consolidated Interest Coverage Ratio as of the end last day of any fiscal quarter of the Company Fiscal Quarter occurring during any period set forth below to be less than the ratio set forth below opposite such fiscal quarterperiod: June 30First, 2020October 2Second, 2020December 31Third and Fourth 3.50:1.0 Fifth, 2020 March 31Sixth, 2021 2.00:1Seventh and Eighth 3.75:1.0 Ninth and thereafter 4.00:1.0

Appears in 1 contract

Sources: Credit Agreement (Las Vegas Sands Corp)

Minimum Consolidated Interest Coverage Ratio. Permit the Borrower shall not permit its Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Company following Fiscal Quarters to be less than the respective ratio set forth below shown opposite such fiscal quarterthereto: June 30Minimum Consolidated Fiscal Quarter Interest Coverage Ratio -------------- ----------------------- Third Fiscal Quarter, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:11999 and 2.0 to 1 any Fiscal Quarter thereafter

Appears in 1 contract

Sources: Loan Agreement (Bti Telecom Corp)

Minimum Consolidated Interest Coverage Ratio. Permit The Company shall not permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Company to be less than the ratio set forth below opposite such fiscal quarter: Minimum Consolidated Four Fiscal Quarters Ending Interest Coverage Ratio --------------------------- ----------------------- June 30, 2020October 2, 2020December 31, 2020 2005 through March 31, 2021 2.00:12007: 2.75 to 1.00 June 30, 2007 and thereafter: 3.00 to 1.00

Appears in 1 contract

Sources: Credit Agreement (Giant Industries Inc)

Minimum Consolidated Interest Coverage Ratio. Permit The Borrower will -------------------------------------------- not permit the Consolidated Interest Coverage Ratio as for any Test Period ending on the last day of the end of any a fiscal quarter of the Company Borrower set forth below to be less than the ratio set forth below opposite such fiscal quarterquarter below: Fiscal Quarter Ending Ratio --------------------- --------- June 30, 2020October 22001 2.50:1.00 September 30, 2020December 2001 2.50:1.00 December 31, 2020 March 31, 2021 2.00:12001 and thereafter 3.00:1.00

Appears in 1 contract

Sources: Credit Agreement (Manitowoc Co Inc)

Minimum Consolidated Interest Coverage Ratio. Permit The Borrower will not permit the Consolidated Interest Coverage Ratio as of the end of for any fiscal quarter of the Company Borrower set forth below to be less than the ratio set forth below opposite such fiscal quarterquarter below: September 30, 2021 2.75:1.00 December 31, 2021 2.75:1.00 March 31, 2022 2.75:1.00 June 30, 2020October 2, 2020December 31, 2020 March 31, 2021 2.00:12022 and each fiscal quarter thereafter 3.00:1.00

Appears in 1 contract

Sources: Credit Agreement (Deluxe Corp)