SECTION 809 Financial Covenants Interest Coverage Ratio

Example Definitions of "SECTION 809 Financial Covenants Interest Coverage Ratio"
SECTION 809 Financial Covenants Interest Coverage Ratio. The Company will not permit the Interest Coverage Ratio to be less than the following respective ratios as at the last day of each fiscal quarter during the following respective periods: -3- Period Ratio ------ ----- From April 1, 1999 through March 31, 2000 1.25 to 1.00 ... From April 1, 2000 through June 30, 2000 1.15 to 1.00 From July 1, 2000 through September 30, 2000 1.25 to 1.00 From October 1, 2000 through December 31, 2000 1.35 to 1.00 From January 1, 2001 through March 31, 2001 1.50 to 1.00 From April 1, 2001 through June 30, 2001 1.70 to 1.00 From July 1, 2001 through September 30, 2001 1.90 to 1.00 From October 1, 2001 through December 31, 2001 2.15 to 1.00 From January 1, 2002 through March 31, 2002 2.25 to 1.00 From April 1, 2002 and at all times thereafter 2.50 to 1.00 View More Arrow
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