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Financial Reporting
Financial Reporting contract clause examples

Financial Covenants. The [[Organization A:Organization]] will not permit # the Interest Coverage Ratio as of the last day of any fiscal quarter of the [[Organization A:Organization]] to be less than 4.00:1.00 or # the Leverage Ratio as of the last day of any fiscal quarter of the [[Organization A:Organization]] following the Closing Date to be greater than # 5.75:1.00 from the Closing Date until and including March 31, 2019, and # 5.25:1.00 thereafter.

Section # Financial Covenant. The shall not permit, on the last day of any fiscal quarter beginning with the first full fiscal quarter end date following the Closing Date, the Consolidated Leverage Ratio for the four consecutive fiscal quarters of the ending with such fiscal quarter end date to exceed 3.50:1.00.

Interest Coverage Ratio. [[Organization A:Organization]] will not permit the Interest Coverage Ratio as of the last Business Day of any fiscal quarter to be less than 1.25.

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