Common use of Ratio of Consolidated EBIT to Consolidated Interest Expense Clause in Contracts

Ratio of Consolidated EBIT to Consolidated Interest Expense. For each of the trailing four-quarter periods ending on the dates set forth below Gerber and it Subsidiaries shall not permit the ratio of (a) Consolidated EBIT to (b) Consolidated Interest Expense to be less than the ratio set forth beside such date in the table below: April 30, 2009 2.75-to-1 July 31, 2009 2.25-to-1 October 31, 2009 2.00-to-1 January 31, 2010 2.25-to-1 April 30, 2010 2.75-to-1 July 31, 2010 and each trailing four-quarter period thereafter 3.00-to-1

Appears in 1 contract

Sources: Credit Agreement (Gerber Scientific Inc)

Ratio of Consolidated EBIT to Consolidated Interest Expense. For each of the trailing four-quarter periods ending on the dates set forth below Gerber and it Subsidiaries shall not permit the ratio of (a) Consolidated EBIT to (b) Consolidated Interest Expense to be less than the ratio set forth beside such date in the table below: April 30, 2009 2.75-to-1 July 31, 2009 2.25-to-1 October 31, 2009 2.001.50-to-1 January 31, 2010 2.251.50-to-1 April 30, 2010 2.752.25-to-1 July 31, 2010 2.50-to-1 October 31, 2010 and each trailing four-quarter period thereafter 3.00-to-1

Appears in 1 contract

Sources: Credit Agreement (Gerber Scientific Inc)