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

Ratio of Consolidated EBIT to Consolidated Interest Expense. Gerber and it Subsidiaries shall not permit the ratio of (a) Consolidated EBIT to (b) Consolidated Interest Expense for any trailing four quarter period, commencing with the period ending January 31, 2011, to be less than 3.0 to 1.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Gerber Scientific Inc)

Ratio of Consolidated EBIT to Consolidated Interest Expense. Gerber and it its Subsidiaries shall not permit the ratio of (a) Consolidated EBIT to (b) Consolidated Interest Expense for any to be less than 3‑to‑1, each determined on a trailing four quarter period, basis commencing with the four-quarter period ending January 31, 2011, to be less than 3.0 to 12008.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Gerber Scientific Inc)