New Feature: Search Alerts are available now. Learn more.
Skip to main content

EBITDA to Cash Interest Coverage Covenant Sample Clause


Book Publication Date: Nov 2014
Description: Coverage tests are financial covenants that relate to a company's ability to service its debt out of income or cash flow. This sample clause provides EBITDA to cash interest coverage ratios a borrower must maintain, as well as sample definitions of key terms.
Type: Contract Clauses
PLI Item #: 129766
Practice Area: Corporate & Securities
Keywords: "EBITDA"; "earnings before interest taxes deductions and amortization"; "EBITDA to interest"; "coverage test"; "consolidated cash flow"; "consolidated net income"; "interest coverage ratio"; affiliates; "consolidated subsidiaries"; covenant

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at PLUS@pli.edu.