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Common use of Total Interest Coverage Ratio Clause in Contracts

Total Interest Coverage Ratio. The Borrower will not permit the Total Interest Coverage Ratio to be less than 3.00 to 1 at any time.

Appears in 2 contracts

Sources: Amendment Agreement (Sprint Nextel Corp), Credit Agreement (Sprint Nextel Corp)

Related Clauses

  • Interest Coverage Ratio
  • Consolidated Interest Coverage Ratio
  • Minimum Interest Coverage Ratio
  • Minimum Consolidated Interest Coverage Ratio
  • Maximum Consolidated Leverage Ratio

Parent Clauses

  • NEGATIVE COVENANTS
  • Financial Covenants
  • Financial Condition Covenants
  • FINANCIAL COVENANTS AND REPORTING
  • Loan Party Acknowledgments

Sub-Clauses

  • Security on all Assets
  • Forms
  • Events of Default
  • Secured Hedge Agreements of Former Lenders
  • Certain Covenant Defaults
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