Common use of Fixed Charge Coverage Ratio Clause in Contracts

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.

Appears in 3 contracts

Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

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Fixed Charge Coverage Ratio. Beginning with At the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 and (ii) 1.20 ending March 31, 2014, a Fixed Charge Coverage Ratio of at least 1.50 to 1.0 for each fiscal quarter thereafter.1.0; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Jive Software, Inc.), Second Loan Modification Agreement (Jive Software, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, Ratio for the any period of four consecutive fiscal quarter quarters of Holdings ending during any period ending as set forth below shall not be less than the ratio set forth below opposite such period: Periods Ending Ratio Effective Date through and including the last day of each the fiscal quarter endending on or about October 30, shall be greater than or equal 2010 2.25 to (i) 1.15 to 1.0 for each 1.00 Thereafter through and including the last day of the fiscal quarter during the fiscal year 2009 and (ii) 1.20 ending on or about October 29, 2011 2.50 to 1.0 for each fiscal quarter thereafter.1.00 Thereafter 3.00 to 1.00

Appears in 2 contracts

Samples: Credit Agreement (J C Penney Co Inc), Credit Agreement (J C Penney Co Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for calculated as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter end(beginning with the fiscal quarter ending June 30, 2021), shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 2 contracts

Samples: Credit Agreement (Fluent, Inc.), Credit Agreement (Fluent, Inc.)

Fixed Charge Coverage Ratio. Beginning with Commencing as of the quarter Fiscal Quarter ended September 30December 31, 20082008 and continuing as of each Fiscal Quarter end through Bank Facility Termination, the Borrower shall maintain a minimum Fixed Charge Coverage Ratio, for Ratio no less than 1.25 to 1.00 to be calculated on a cumulative basis with respect to each Fiscal Quarter and the most recently ended three (3) preceding Fiscal Quarters on a rolling four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i4) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterFiscal Quarter basis.

Appears in 2 contracts

Samples: Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive last day of any fiscal quarter period ending as of each beginning with the fiscal quarter endending December 31, 1998, shall not be greater less than or equal 1.5 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 2 contracts

Samples: Credit Agreement (Pxre Group LTD), Credit Agreement (Pxre Group LTD)

Fixed Charge Coverage Ratio. Beginning Commencing with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter endon December 31, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 2005 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter, maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least level 1.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the four-fiscal quarter period ending with that reporting period. The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Appears in 2 contracts

Samples: Credit Agreement (Quidel Corp /De/), Credit Agreement (Quidel Corp /De/)

Fixed Charge Coverage Ratio. Beginning Commencing with the quarter ended September 30three month period ending June 28, 20082013, the maintain at all times a Fixed Charge Coverage Ratio, on a consolidated basis, no less than the following ratios for the four consecutive fiscal quarter period ending as following periods, reported at the end of each fiscal quarter end, shall be greater than or equal Fiscal Quarter: 6/28/2013 > 0.95 to (i) 1.00 9/30/2013 > 1.00 to 1.00 12/27/2013 > 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 1.00 3/28/2014 and (ii) 1.20 thereafter > 1.25 to 1.0 for each fiscal quarter thereafter.1.00”

Appears in 2 contracts

Samples: Credit Facility Agreement (Iec Electronics Corp), Credit Facility Agreement (Iec Electronics Corp)

Fixed Charge Coverage Ratio. Beginning with As of the quarter ended September 30end of any fiscal quarter, 2008, permit the Fixed Charge Coverage Ratio, Ratio for the period of four (4) consecutive fiscal quarter period quarters ending as of each fiscal quarter endon such date, shall to be greater less than or equal to (i) 1.15 2.50 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain a Fixed Charge Coverage Ratio, Ratio as of the end of each Fiscal Quarter for the four consecutive fiscal quarter period Test Period then ended, beginning with the Fiscal Quarter ending as March 31, 2015 of each fiscal quarter end, shall be greater not less than or equal to (i) 1.15 1.25 to 1.0 for each fiscal quarter during 1 prior to the fiscal year 2009 payment of any dividend and (ii) 1.20 1.0 to 1.0 for each fiscal quarter thereafter1 after giving effect to any dividends.

Appears in 2 contracts

Samples: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Fixed Charge Coverage Ratio. Beginning The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the quarter ended September Fiscal Quarter ending June 30, 2008, the a Fixed Charge Coverage RatioRatio of not less than the following: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or 1.15:1.0 prior to June 30, for the four consecutive fiscal quarter period 2008 The Fiscal Quarter ending as of each fiscal quarter endon September 30, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.2008 1.20:1.0 Each Fiscal Quarter ending thereafter 1.50:1.0

Appears in 2 contracts

Samples: Revolving Credit Agreement (Landamerica Financial Group Inc), Revolving Credit Agreement (Landamerica Financial Group Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter endof the Consolidated Parties, shall be (i) for fiscal quarters ending on or before September 30, 2005, greater than or equal to (i) 1.15 1.40 to 1.0 for each fiscal quarter during the fiscal year 2009 1.0; and (ii) 1.20 for fiscal quarters ending thereafter, greater than or equal to 1.0 for each fiscal quarter thereafter1.50 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (U S Restaurant Properties Inc), Term Loan Credit Agreement (U S Restaurant Properties Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the A Fixed Charge Coverage Ratio, measured on a fiscal quarter-end basis for the four consecutive fiscal quarter 12-month period ending as of each fiscal quarter endafter the date hereof, shall be greater of not less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0:1.00.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Greka Energy Corp), Securities Purchase Agreement (Greka Energy Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008Maintain a consolidated Fixed Charge Coverage Ratio of not less than 1.2 to 1.00. For purposes of this Agreement, the Fixed Charge Coverage Ratio, for Ratio shall be calculated quarterly as of the four consecutive fiscal quarter period ending as end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 of Borrower for each the four fiscal quarter during period most recently ended, commencing with the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterof ending as of March 31, 2023.

Appears in 2 contracts

Samples: Credit Agreement (Ashford Inc.), Credit Agreement (Ashford Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, for Ratio to be less than (a) 1.50 to 1.00 at the four consecutive end of any fiscal quarter-end occurring during the period from and including the Effective Date through and including the fourth fiscal quarter of fiscal year 2009, (b) 1.75 to 1.00 at the end of any fiscal quarter-end occurring during the period ending as from and including the first day of each the first fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each of fiscal year 2010 through and including the second fiscal quarter during the of fiscal year 2009 2010, and (iic) 1.20 2.25 to 1.0 for each 1.00 at the end of any fiscal quarter thereafter.

Appears in 2 contracts

Samples: Note Purchase Agreement (Spartech Corp), Note Purchase Agreement (Spartech Corp)

Fixed Charge Coverage Ratio. Beginning with Maintain as of the quarter ended September 30end of each fiscal quarter, 2008, the a Fixed Charge Coverage RatioRatio for Quantum and its Subsidiaries, on a consolidated basis, of not less than the ratio set forth below for the each four (4) consecutive fiscal quarter period ending as of then ended set forth below: Fiscal Quarter Ending Minimum Fixed Charge Coverage Ratio December 31, 2016 and each fiscal quarter endending thereafter through and including the fiscal quarter ending September 30, shall be greater than or equal 2017 1.50 to (i) 1.15 to 1.0 for 1.00 December 31, 2017 and each fiscal quarter during the fiscal year 2009 and (ii) 1.20 ending thereafter 1.25 to 1.0 for each fiscal quarter thereafter.1.00

Appears in 2 contracts

Samples: Assignment Agreement (Quantum Corp /De/), Security Agreement (Quantum Corp /De/)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage RatioPermit, for the four consecutive fiscal quarter quarters ending June 30, 1997 and for each period of four consecutive fiscal quarters ending as thereafter, the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter endof the Borrower, shall to be greater less than or equal 1.25 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Phycor Inc/Tn), Credit Agreement (Phycor Inc/Tn)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended ending September 30, 20082018, maintain as of the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter end, shall be greater of the Company a Fixed Charge Coverage Ratio of not less than or equal 1.25 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0. 11.3.

Appears in 2 contracts

Samples: Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)

Fixed Charge Coverage Ratio. Beginning with The Borrower and it Subsidiaries will have, as of the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter endof the Borrower, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal ending June 30, 2001, a Fixed Charge Coverage Ratio of not less than 2.0:1.0, calculated on a rolling four-quarter thereafterbasis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stein Mart Inc)

Fixed Charge Coverage Ratio. Beginning with The Borrower will have, as of the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter endof the Borrower, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal ending September 30, 2004, a Fixed Charge Coverage Ratio of not less than 2.0:1.0, calculated based on a rolling four quarter thereafterbasis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Patriot Transportation Holding Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, Ratio as of the end of each Fiscal Quarter for the period of four consecutive fiscal quarter period (4) Fiscal Quarters then ended, commencing with the first Fiscal Quarter ending as of each fiscal quarter endon December 31, shall be greater than or equal to (i) 1.15 to 1.0 2018 and for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 Fiscal Quarter thereafter, to 1.0 for each fiscal quarter thereafterbe less than 1.20:1.00.

Appears in 1 contract

Samples: Credit Agreement (HCI Group, Inc.)

Fixed Charge Coverage Ratio. Beginning with The Borrower and its Subsidiaries will have, as of the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter endof the Borrower, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 ending May 31, 2002 and (ii) 1.20 to 1.0 for on each fiscal quarter thereafter, a Fixed Charge Coverage Ratio of not less than 3.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ndchealth Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the It shall maintain a Fixed Charge Coverage Ratio, for measured at the four consecutive fiscal quarter period ending as end of each fiscal quarter endof the Borrower on a rolling four quarters basis, shall be of greater than or equal to (ia) 1.15 to 1.0 for each [DELETION] commencing from and including the fiscal quarter during ending June 30, 2021 through to and including the fiscal year 2009 quarter ending December 31, 2021, and (iib) 1.20 to 1.0 for each fiscal quarter [DELETION] thereafter.. (3)

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended September ending June 30, 20082023, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter, the Borrower will maintain, on a consolidated basis, calculated as of the last day of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than 1.20 : 1.00, measured on a trailing twelve-month basis.

Appears in 1 contract

Samples: Credit Agreement (Issuer Direct Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain a Fixed Charge Coverage RatioRatio of not less than 1.0 to 1.0, calculated on a quarterly basis at the end of each Fiscal Quarter for the four consecutive fiscal quarter period immediately preceding 4 Fiscal Quarters, commencing with the Fiscal Quarter ending as of each fiscal quarter endon September 8, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter2001.

Appears in 1 contract

Samples: Loan and Security Agreement (Toms Foods Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended September ending June 30, 20081999 and at all times thereafter, the maintain a Fixed Charge Coverage RatioRatio of not less than 1.20 to 1.00, tested as of the last day of each of the Borrower's fiscal quarters for the four consecutive fiscal (4) quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafteron that date.

Appears in 1 contract

Samples: Financing and Security Agreement (Versar Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage RatioRatio at the end of any fiscal quarter, for commencing with the four consecutive fiscal quarter period ending as of each fiscal quarter endSeptember 30, shall 2010, to be greater less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.25:1.00.

Appears in 1 contract

Samples: Credit Agreement (Medical Action Industries Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter endof the Credit Parties, beginning with the fiscal quarter ending December 31, 2008, shall be greater than or equal to (i) 1.15 1.00 to 1.0 1.00 for each the fiscal quarter during the fiscal year 2009 ending December 31, 2008, and (ii) 1.20 1.25 to 1.0 1.00 for the fiscal quarter ending March 31, 2009, and each fiscal quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Edci Holdings, Inc.)

Fixed Charge Coverage Ratio. Beginning The Borrowers will maintain, as of the end of each Fiscal Quarter (commencing with the quarter ended September 30Fiscal Quarter ending March 31, 20082017), the a Fixed Charge Coverage Ratio, Ratio of not less than the below ratios for the four consecutive fiscal quarter period corresponding Fiscal Quarters: Fiscal Quarter End Fixed Charge Coverage Ratio 12/31/16 and each Fiscal Quarter thereafter through and including the Fiscal Quarter ending 12/31/17 1.10 : 1.00 3/31/18 and each Fiscal Quarter thereafter 1.25 : 1.00 (xii) By adding a new Section 6.3, as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.follows: Section 6.3

Appears in 1 contract

Samples: Documents Modification Agreement

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal --------------------------- quarter ended September ending June 30, 20082005, the maintain a Fixed Charge Coverage Ratio, for Ratio at the four consecutive fiscal quarter period ending as end of each fiscal quarter endquarter, shall be greater with respect to the four fiscal quarters then ended, of not less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Air Methods Corp

Fixed Charge Coverage Ratio. Beginning On the last day of each fiscal quarter hereafter, commencing with the quarter ended September August 30, 20082011, the Fixed Charge Coverage Ratio, of the Borrower and Active Subsidiaries on a consolidated basis, for the four consecutive fiscal quarter period ending as of each fiscal quarter endsuch quarter, shall be greater than equal or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterexceed 1.25:1.00.

Appears in 1 contract

Samples: Loan, Pledge and Security Agreement (Softech Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended September 30ending January 31, 20082012, the have a Fixed Charge Coverage Ratio, measured on a quarter-end basis, of at least 1.33:1.00 for the four consecutive fiscal quarter each 12 month period ending as of the end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterquarter.

Appears in 1 contract

Samples: Credit Agreement (Nevada Gold & Casinos Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain on a consolidated basis a Fixed Charge Coverage Ratio, Ratio of at least 0.55:1.0 for the four consecutive fiscal quarter ending December 28, 2007, and at least 0.73:1.0 for the two fiscal quarter period ending as of each March 28, 2008, and at least 1.0:1.0 for the three fiscal quarter endperiod ending June 27, shall be greater than or equal to (i) 1.15 to 1.0 2008, and at least 1.15:1.0 for each the four fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterperiod ending September 26, 2008.

Appears in 1 contract

Samples: Waiver and Fourth Amendment (Planar Systems Inc)

Fixed Charge Coverage Ratio. Beginning with Computation Period relating to the quarter ended September 30Fiscal Quarter ending on March 31, 20082008 and thereafter for each Computation Period relating to each Fiscal Quarter ending thereafter, not permit the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending Ratio (calculated as of the last day of each fiscal quarter end, shall Fiscal Quarter) to be greater less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Fixed Charge Coverage Ratio. Beginning with the Borrowers shall maintain a Fixed Charge Coverage Ratio of not less than (i) 1.0 to 1.0 as of Borrowers’ fiscal quarter ended September ending June 30, 2008, (ii) 1.0 to 1.0 as of the Fixed Charge Coverage Ratio, for the four consecutive end of Borrowers’ fiscal quarter period ending September 30, 2008 measured on a year-to-date basis and (iii) 1.2 to 1.0 as of the end of Borrowers’ fiscal quarter ending December 31, 2008 and as of the end of each fiscal quarter endof Borrowers thereafter, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal measured on a rolling four quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterbasis.

Appears in 1 contract

Samples: Loan and Security Agreement (InfoLogix Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September Commencing on June 30, 20082015, the cause to be maintained, a Fixed Charge Coverage Ratio, for Ratio of not less than 1.10 to 1.00 as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter end, shall be greater than or equal to for the four (i4) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterperiod then ending.

Appears in 1 contract

Samples: Loan and Security Agreement (Flotek Industries Inc/Cn/)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive fiscal quarter period ending as end of each fiscal quarter endquarter, shall be greater than or equal to to: (i) 1.15 From the Effective Date to 1.0 for each fiscal quarter during the fiscal year 2009 and including August 31, 1998, 1.10 to 1.0; and (ii) From September 1, 1998 and thereafter, 1.20 to 1.0 for each fiscal quarter thereafter.1.0. (c)

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter endof the Consolidated Parties, shall be (i) for fiscal quarters ending on or before December 31, 2003, greater than or equal to (i) 1.15 1.35 to 1.0 for each fiscal quarter during the fiscal year 2009 and 1.0; (ii) 1.20 for fiscal quarters ending on or before December 31, 2004, greater than or equal to 1.45 to 1.0 and (iii) for each fiscal quarter quarters ending thereafter, greater than or equal to 1.55 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (U S Restaurant Properties Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the Borrower’s fiscal quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 2015 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter, permit the Fixed Charge Coverage Ratio as of the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Apollo Medical Holdings, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain quarterly a Fixed Charge Coverage RatioRatio of not less than 1.25 to 1.00, for measured as follows: commencing with the four consecutive fiscal quarter period ending June 30, 2005, as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal on a trailing four quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterbasis.

Appears in 1 contract

Samples: Credit and Security Agreement (Input Output Inc)

Fixed Charge Coverage Ratio. Beginning with As of the quarter ended September 30end of each fiscal quarter, 2008, the there shall be maintained a Fixed Charge Coverage RatioRatio of at least: For fiscal quarters ending prior to May 31, for 1996 1.5:1.0 From the four consecutive fiscal quarter period ending as of each May 31, 1996 through the fiscal quarter endending February 28, shall be greater than or equal to (i) 1.15 to 1.0 for each 1997 1.25:1.0 For fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.quarters ending after February 28, 1997 1.5:1.0

Appears in 1 contract

Samples: Credit Agreement (Heilig Meyers Co)

Fixed Charge Coverage Ratio. Beginning with The Borrower and its Subsidiaries will have, as of the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter endof the Borrower, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 ending September 30, 2001, a Fixed Charge Coverage Ratio of not less than 2.50:1.0, calculated on a rolling four- quarter basis and (ii) 1.20 to 1.0 for each fiscal quarter thereafterdetermined in accordance with GAAP.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Fpic Insurance Group Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending March 31, 2021, as of the last day of each fiscal quarter endof the Borrower, the Borrower and its Subsidiaries shall be greater maintain a Fixed Charge Coverage Ratio of not less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.20:1.00.

Appears in 1 contract

Samples: Credit Agreement (Limbach Holdings, Inc.)

Fixed Charge Coverage Ratio. Beginning As of the last day of any fiscal quarter of the Company commencing with the fiscal quarter ended September 30ending March 29, 20082003, permit the Fixed Charge Coverage Ratio, Ratio for the period of four consecutive fiscal quarter period quarters ending as of each fiscal quarter end, shall on such date to be greater less than or equal 1.10 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Credit Agreement (Tasty Baking Co)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Company and its Subsidiaries shall maintain at all times a Fixed Charge Coverage Ratio, for the calculated on a trailing four consecutive fiscal quarter period ending as quarters basis, of each fiscal quarter end, shall be greater than or equal to (i) 1.15 not less than: .935 to 1.0 for each the fiscal quarter during the fiscal year 2009 and (ii) 1.20 ending September 30, 2001, 1.02 to 1.0 for each the fiscal quarter ending December 31, 2001 and 1.0625 to 1.0 for all fiscal quarters thereafter.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Perma Fix Environmental Services Inc)

Fixed Charge Coverage Ratio. Beginning with The Borrower shall maintain, on a consolidated basis, (i) as of the quarter ended end of each of the fiscal quarters ending September 30, 20081995 and December 31, the 1995, a Fixed Charge Coverage Ratio, for Ratio not less than 2.25 to 1.0 and (ii) as of the four consecutive fiscal quarter period ending as end of each fiscal quarter endthereafter, shall be greater a Fixed Charge Coverage Ratio not less than or equal 3.00 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: Assignment Agreement (Administaff Inc \De\)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain on a consolidated basis a Fixed Charge Coverage Ratio, for Ratio of at least 1.25:1.0. This ratio will be calculated at the four consecutive fiscal quarter period ending as end of each fiscal quarter endusing the results of that fiscal quarter, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterending June 26, 2009.

Appears in 1 contract

Samples: Credit Agreement (Planar Systems Inc)

Fixed Charge Coverage Ratio. Beginning At the end of each Fiscal Quarter, commencing with the quarter ended September Fiscal Quarter ending April 30, 20082001, the Fixed Charge Coverage Ratio, Ratio for the four consecutive fiscal quarter period ending as of each fiscal quarter end, Fiscal Quarter just ended and the immediately preceding 3 Fiscal Quarters shall be greater than or equal 1.85 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: Lease Agreement (Krispy Kreme Doughnuts Inc)

Fixed Charge Coverage Ratio. Beginning with Maintain, on a Consolidated basis, (i) as of the end of its fiscal quarter ended September 30ending June 28, 20082003, for the twelve-month period ending on such date, a Fixed Charge Coverage RatioRatio of not less than 0.75 to 1.00, for and (ii) as of the four consecutive fiscal quarter period ending as end of each fiscal quarter endthereafter, shall be greater for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than or equal 1.10 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Mmi Products Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive fiscal quarter period ending as end of each fiscal quarter, commencing with the fiscal quarter endending May 31, 2007, shall be greater than or equal to (i) 1.15 2.0 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Fixed Charge Coverage Ratio. Beginning with Permit the quarter ended September 30, 2008, the Consolidated Fixed Charge Coverage Ratio, Ratio for any period of four consecutive fiscal quarters to be less than (a) 1.20 to 1.00 for the four consecutive fiscal quarters ended on June 30, 1999 and (b) 1.50 to 1.00 for the four fiscal quarters ended on the last day of any fiscal quarter period ending as occurring from and after June 30, 1999. With respect to months that end on or before January 31, 1999, the relevant components of each fiscal quarter end, the forgoing ratio shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereaftercalculated on a pro forma basis.

Appears in 1 contract

Samples: Credit Agreement (Health Risk Management Inc /Mn/)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Borrowers will maintain a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as Ratio of each fiscal quarter end, shall be greater not less than or equal to (i) 1.15 to 1.0 for each the fiscal quarter during the fiscal year 2009 ending March 31, 2002 and (ii) 1.20 to 1.0 for each fiscal quarter end thereafter. In addition, if Borrowers fail to maintain a Fixed Charge Coverage Ratio of more than 1.25 to 1.0 for any fiscal quarter, Borrowers agree to pay to Bank a fee in the amount of $7,500 for such fiscal quarter, which fee will be due and payable at the end of the applicable fiscal quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Berger Holdings LTD)

Fixed Charge Coverage Ratio. Beginning with The actual Fixed Charge Coverage Ratio for the quarter period of four Fiscal Quarters most recently ended September 30, 2008, (the “Reported Period”) is: ___ to 1.0 the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall Ratio is required to be greater than or equal to (i) 1.15 not less than: 1.2 to 1.0 for each fiscal quarter during * As set forth in Section 6.17(a) of the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.Credit Agreement. The Fixed Charge coverage Ratio of the Reported Period has been calculated as follows:

Appears in 1 contract

Samples: Credit Agreement (Superior Offshore International Inc.)

Fixed Charge Coverage Ratio. Beginning At the end of each Fiscal Quarter, beginning with the quarter ended September 30Fiscal Quarter ending December 31, 2008, the Company's Fixed Charge Coverage Ratio, Ratio for the four consecutive fiscal quarter period Fiscal Quarter then ended shall not be less than (a) for Fiscal Quarter ending as of each fiscal quarter endon December 31, shall be greater than or equal 2008, 1.00 to 1.00, and (ib) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) Fiscal Quarter ending thereafter, 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: National Coal Corp

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the It shall maintain a Fixed Charge Coverage Ratio, for measured at the four consecutive fiscal quarter period ending as end of each fiscal quarter endof the Borrower on a rolling four quarters basis, shall be of greater than or equal to (ia) 1.15 to 1.0 for each [DELETION] commencing from and including the fiscal quarter during ending June 30, 2021 through to and including the fiscal year 2009 quarter ending December 31, 2021, and (iib) 1.20 to 1.0 for each fiscal quarter [DELETION] thereafter.

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, for Ratio at the four consecutive fiscal quarter period ending as end of each fiscal quarter endfor the four most recent consecutive fiscal quarters ending on December 31, shall be greater than or equal to (i) 1.15 to 1.0 for 2002 and each fiscal quarter during the fiscal year 2009 and (ii) 1.20 thereafter to 1.0 for each fiscal quarter thereafterbe less than 1.10 to 1.00."

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Remington Products Co LLC)

Fixed Charge Coverage Ratio. Beginning with Maintain on a consolidated basis, as of the quarter ended September 30end of each fiscal quarter, 2008, the a Fixed Charge Coverage Ratio, Ratio of not less than 1.50 to 1.00. The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the four consecutive fiscal fiscal-quarter period ending ended as of the last day of each fiscal quarter endquarter, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during beginning June 30, 2009, and on the fiscal year 2009 and (ii) 1.20 to 1.0 for last day of each fiscal quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (RigNet, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage RatioPermit, for the four consecutive fiscal quarter quarters ending September 30, 1996 and for each period of four consecutive fiscal quarters ending as thereafter, the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter endof the Borrower, shall to be greater less than or equal 1.25 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Phycor Inc/Tn)

Fixed Charge Coverage Ratio. Beginning Commencing with the Company’s fiscal quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 2015 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter, permit the Fixed Charge Coverage Ratio as of the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0.

Appears in 1 contract

Samples: Apollo Medical Holdings, Inc.

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Borrowers will maintain a Fixed Charge Coverage Ratio, for Ratio of at least (a) 1.15 to 1.0 as of the four consecutive fiscal quarter period ending as end of each fiscal quarter endending in 1997 and 1998, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (iib) 1.20 to 1.0 for as of the end of each fiscal quarter ending in 1999 and 2000 and (c) 1.25 to 1.0 as of the end of each fiscal quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Venture Service Co)

Fixed Charge Coverage Ratio. Beginning (i) for each quarterly period beginning with the quarter ended September 30quarterly period ending December 31, 20082009 through and including the quarterly period ending December 31, the 2010, a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as Ratio of each fiscal quarter end, shall be greater not less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 1.25:1.00; and (ii) 1.20 to 1.0 for each fiscal quarter quarterly period beginning with the quarterly period ending March 31, 2011 and as of the last day of each quarterly period thereafter, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

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Fixed Charge Coverage Ratio. Beginning The Borrower will have, on a consolidated basis, as of the end of the quarter ending March 31, 2008 (measured for such fiscal quarter), a Fixed Charge Coverage Ratio of not less than 1.2 to 1.0. Thereafter, the Borrower will have on a consolidated basis, as of the end of each fiscal quarter of the Borrower (measured for such fiscal quarter), commencing with the fiscal quarter ended September ending June 30, 2008, the a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as Ratio of each fiscal quarter end, shall be greater not less than or equal 1.3 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (First Acceptance Corp /De/)

Fixed Charge Coverage Ratio. Beginning with As of the quarter ended September 30end of each fiscal quarter, 2008, the there shall be maintained a Fixed Charge Coverage RatioRatio of at least: For fiscal quarters ending prior to May 31, for 1996 1.5:1.0 From the four consecutive fiscal quarter period ending as of each May 31, 1996 through the fiscal quarter endending February 28, shall be greater than or equal to (i) 1.15 to 1.0 for each 1998 1.25:1.0 For fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.quarters ending after February 28, 1998 1.5:1.0

Appears in 1 contract

Samples: Credit Agreement (Heilig Meyers Co)

Fixed Charge Coverage Ratio. Beginning with As of the quarter ended September 30end of each fiscal quarter, 2008, the there shall be maintained a Fixed Charge Coverage Ratio, for Ratio of at least: through the four consecutive fiscal quarter period ending as end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.ending in February, 1999 1.15:1.0 thereafter 1.25:1.0

Appears in 1 contract

Samples: Heilig Meyers Co

Fixed Charge Coverage Ratio. Beginning The Borrower and its Subsidiaries shall maintain on a consolidated basis, as of the end of each Fiscal Quarter, commencing with the quarter ended Fiscal Quarter ending September 30, 20082005, the a Fixed Charge Coverage RatioRatio of not less than: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or 1.50:1.0 prior to March 31, for the four consecutive fiscal quarter period 2007 Each Fiscal Quarter ending as of each fiscal quarter endafter 1.15:1.0 March 31, shall be greater than 2007 and on or equal prior to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterDecember 31, 2008 Each Fiscal Quarter ending after 1.50:1.0 December 31, 2008.

Appears in 1 contract

Samples: Revolving Credit Agreement (Haverty Furniture Companies Inc)

Fixed Charge Coverage Ratio. Beginning As of the end of each Fiscal Quarter, commencing with the quarter ended Fiscal Quarter ending September 30, 20082020, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, Ratio shall not be less than 1.20 to 1.00. The Fixed Charge Coverage Ratio shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal measured quarterly on a rolling four quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterbasis.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Construction Partners, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, Ratio at any time to be less than 1.10:1.00 for the four consecutive fiscal quarter period quarters ending as on January 31, April 30, July 31 and October 31 of each fiscal quarter endyear commencing with January 31, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1996.

Appears in 1 contract

Samples: Credit Agreement (Chock Full O Nuts Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall Ratio to be greater less than or equal to (ia) 1.15 to 1.0 for each 1 at the end of any fiscal quarter occurring during the fiscal year 2009 period from and including January 31, 2002 through and including April 30, 2003 and (iib) 1.20 1.25 to 1.0 for each 1 at the end of any fiscal quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (NCH Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30With respect to any period of four consecutive fiscal quarters ending on or prior to March 31, 20082007, permit the Fixed Charge Coverage Ratio, Ratio for the any 62 such period to be less than 1.30 to 1.00 and with respect to each period of four consecutive fiscal quarter quarters, the last day of which occurs after March 31, 2007, permit the Fixed Charge Coverage Ratio for any such period ending as of each fiscal quarter end, shall to be greater less than or equal 1.40 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Credit Agreement (General Growth Properties Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the quarter ended Fiscal Quarter ending March 31, 2000 (unless Expansion Project Termination shall have occurred in which event commencing with the Fiscal Quarter ending September 30, 20081998) and continuing as of each Fiscal Quarter end until Bank Facility Termination, the Borrower shall maintain a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater Ratio no less than or equal 1.25 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Construction and Reducing Revolving Credit Agreement (Monarch Casino & Resort Inc)

Fixed Charge Coverage Ratio. Beginning with (1) For the quarter ended September fiscal quarters ending August 31, 2003, and November 30, 20082003, the a Fixed Charge Coverage RatioRatio of not less than 1.10:1.0, measured on a fiscal quarter-end basis, (2) for the four consecutive fiscal quarter period ending as February 29, 2004, a Fixed Charge Coverage Ratio of each not less than 1.20:1.0, measured on a fiscal quarter-end basis, and (3) for the fiscal quarter endending May 31, shall be greater than or equal to (i) 1.15 to 1.0 2004, and for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter ending thereafter., a Fixed Charge Coverage Ratio of not less than 1.25:1.0;

Appears in 1 contract

Samples: Amendment Agreement (California Amplifier Inc)

Fixed Charge Coverage Ratio. Beginning As of the end of each Fiscal Quarter ending after the Closing Date, commencing with the quarter ended September 30Fiscal Quarter ending December 31, 20082013, the Fixed Charge Coverage Ratio, Ratio for the trailing four consecutive fiscal quarter period Fiscal Quarters then ending as of each fiscal quarter end, shall be greater than equal or equal exceed 1.25 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Credit Agreement (American CyberSystems Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended September 30ending July 31, 20082010, cause to be maintained as of the end of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than 1.10 to 1.0, measured on a rolling four (4) quarter basis, provided however that for the first 3 fiscal quarters following the Closing Date the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, Ratio shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during measured from the first day of the fiscal year 2009 and (ii) 1.20 commencing May 1, 2010 to 1.0 for each fiscal quarter thereafterthe end of such quarter.

Appears in 1 contract

Samples: Security Agreement (Amrep Corp.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain at all times a Fixed Charge Coverage Ratio, for on a consolidated basis, reported as of the four consecutive fiscal quarter period ending as end of each fiscal quarter endquarter, shall be greater than or equal to (i) 1.15 or greater than: Applicable Period Ratio Through 3/31/07 0.65 to 1.0 for each fiscal quarter during the fiscal year 2009 1.00 4/1/07 through 6/30/07 0.55 to 1.00 7/1/07 through 9/29/07 1.10 to 1.00 9/30/07 and (ii) 1.20 thereafter 1.25 to 1.0 for each fiscal quarter thereafter.1.00

Appears in 1 contract

Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)

Fixed Charge Coverage Ratio. Beginning Maintain a Fixed Charge Coverage Ratio of at least 1.15 to 1.00 at the end of each Fiscal Quarter commencing with the quarter ended Fiscal Quarter ending September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter2010.

Appears in 1 contract

Samples: Loan and Security Agreement (South Texas Supply Company, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit on a consolidated basis the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall Ratio to be greater less than or equal to (i) 1.15 to 1.0 for each the fiscal quarter during the fiscal year 2009 ending on or about September 30, 2021, 1.75 to 1.00, and (ii) 1.20 to 1.0 for the fiscal quarter ending on or about December 31, 2021 and for each fiscal quarter thereafter, 2.00 to 1.00. This ratio will be calculated at the end of each reporting period, using the results of the twelve-month period ending with that reporting period.

Appears in 1 contract

Samples: Security and Pledge Agreement (BJs RESTAURANTS INC)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall Ratio to be greater less than or equal (a) 1.75 to (i) 1.15 to 1.0 for each fiscal quarter 1.00 during the fiscal year 2009 quarter ended May 1, 2010, (b) 2.25 to 1.00 at the end of any fiscal quarter through and including the third fiscal quarter of 2012 and (iic) 1.20 1.40 to 1.0 for each 1.00 at the end of the fourth fiscal quarter of 2012 and thereafter.

Appears in 1 contract

Samples: Note Purchase Agreement (Spartech Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage RatioRatio to be less than 1.10 to 1.00, measured as of (a) November 30, 2010, for the fiscal quarter then most recently ended; (b) February 28, 2011, for the two fiscal quarter period then most recently ended; (c) May 31, 2011, for the three fiscal quarter period then most recently ended; (d) August 31, 2011 and as of the last day of each fiscal quarter thereafter, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterthen most recently ended.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (NYTEX Energy Holdings, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Maintain on a consolidated basis a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each commencing with the fiscal quarter during the fiscal year 2009 and ending September 30, 2018. (ii) 1.20 to 1.0 for each fiscal quarter thereafter.c)

Appears in 1 contract

Samples: Credit Agreement

Fixed Charge Coverage Ratio. Beginning As of the end of each fiscal quarter, commencing with the fiscal quarter ended ending September 30, 20082013, the maintain its Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater Ratio at not less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.25:1.00.

Appears in 1 contract

Samples: Credit Agreement (Ballast Point Brewing & Spirits, Inc.)

Fixed Charge Coverage Ratio. Beginning (a) The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the quarter ended Fiscal Quarter ending September 30, 20082010, the a Fixed Charge Coverage RatioRatio of not less than 1.25 : 1.00, for and (b) the four consecutive fiscal quarter period ending Borrowers will maintain, as of the end of each fiscal quarter endFiscal Quarter, shall be greater commencing with the Fiscal Quarter ending March 31, 2011, a Fixed Charge Coverage Ratio of not less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.50 : 1.00.

Appears in 1 contract

Samples: Second Loan Documents Modification Agreement (PRGX Global, Inc.)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended September ending June 30, 2008, 2006 and as of the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter endthereafter, shall cause to be greater maintained, a Fixed Charge Coverage Ratio of not less than or equal 1.1 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: Credit and Security Agreement (Compudyne Corp)

Fixed Charge Coverage Ratio. Beginning with Cause to be maintained as of the quarter ended end of each fiscal quarter, beginning on September 30, 20082010, the a Fixed Charge Coverage Ratio, Ratio of not less than 1.15 to 1.0. The Fixed Charge Coverage Ratio is calculated as of the last day of each fiscal quarter for the period equal to the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterquarters then ending.

Appears in 1 contract

Samples: Security Agreement (Sparton Corp)

Fixed Charge Coverage Ratio. Beginning with Maintain as of the quarter ended September 30end of each of Borrower's fiscal quarters, 2008, the a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be Ratio equal to or greater than or equal 1.75 to (i) 1.15 to 1.0 1 for each of Borrower's fiscal quarter during the fiscal year 2009 quarters ending March 31, 2001 through December 31, 2001 and (ii) 1.20 1.5 to 1.0 1 for each of Borrower's fiscal quarter quarters ending March 31, 2002 and thereafter.

Appears in 1 contract

Samples: Credit Agreement Credit Agreement (Usana Health Sciences Inc)

Fixed Charge Coverage Ratio. Beginning with Cause to be maintained as of the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as end of each fiscal quarter, commencing with the fiscal quarter endending June 30, shall be 2000, on a rolling twelve (12) month basis, a Fixed Charge Ratio equal to or greater than or equal 1.05 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: And Restated Consignment Agreement (Semx Corp)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for calculated as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter endquarter, shall be greater than or equal to (i) 1.15 1.20 to 1.0 for each fiscal quarter during 1.00 from the fiscal year 2009 Closing Date through and including the Second Quarter of 2013 and (ii) 1.20 1.30 to 1.0 for each fiscal quarter 1.00 from the Third Quarter of 2013 and thereafter.

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for tested at the four consecutive fiscal quarter period ending as end of each fiscal quarter endof Borrower, shall be greater of not less than or equal to (i) 1.15 1.0 to 1.0 for each fiscal quarter during the fiscal year 2009 quarters ending March 31, 2017 and June 30, 2017, (ii) 1.20 1.10 to 1.0 for each the fiscal quarter thereafterending September 30, 2017, and (iii) 1.25 to 1.0 for the fiscal quarter ending December 31, 2017.” For the avoidance of doubt, all of the definitions set forth in Section 4.9(b) of the Credit Agreement shall remain unchanged.

Appears in 1 contract

Samples: Credit Agreement (Wilhelmina International, Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage RatioPermit, for the four consecutive fiscal quarter period quarters ending as March 31, 1998 and for each four consecutive fiscal quarters ending thereafter, the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter endof the Borrower, shall to be greater less than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 such period, 4.75 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Phycor Inc/Tn)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008Maintain a consolidated Fixed Charge Coverage Ratio of not less than 1.2 to 1.00. For purposes of this Agreement, the Fixed Charge Coverage Ratio, for Ratio shall be calculated quarterly as of the four consecutive fiscal quarter period ending as end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 of Borrower for each the four fiscal quarter during period most recently ended, commencing with the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterof ending as of June 30, 2022.

Appears in 1 contract

Samples: Loan Documents (Ashford Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter endof the Consolidated Parties commencing with the fiscal quarter ending on December 31, 2001, shall be greater than or equal to (i) 1.15 1.5 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.0.

Appears in 1 contract

Samples: Loan Agreement (Aaipharma Inc)

Fixed Charge Coverage Ratio. Beginning with the fiscal quarter ended ending September 30, 20082012, and at all times thereafter, the Fixed Charge Coverage Ratio, Ratio may not at any time be less than 1.25 to 1.00. The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the four consecutive fiscal fiscal-quarter period ending as of the last day of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterof Borrower.

Appears in 1 contract

Samples: Credit Agreement (Vertex Energy Inc.)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30On a consolidated basis, 2008, the maintain a Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of the end of each fiscal quarter endFiscal Quarter, shall be commencing as of the Fiscal Quarter ending December 30, 2012, of greater than or equal to (i) 1.15 the following: Period Ratio For the Fiscal Quarter ending December 30, 2012 1.00 to 1.0 1.00 For the Fiscal Quarter ending March 31, 2013 and for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 Fiscal Quarter thereafter 1.25 to 1.0 for each fiscal quarter thereafter.1.00

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Fixed Charge Coverage Ratio. Beginning To maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least 1.20:1.00. This ratio will be calculated and tested at the end of each quarter (commencing with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, 2016) for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterthen ended.

Appears in 1 contract

Samples: Loan Agreement (Lapolla Industries Inc)

Fixed Charge Coverage Ratio. Beginning Commencing with the fiscal quarter ended September 30ending December 31, 20082003, and at the end of each fiscal quarter thereafter, Borrowers on a consolidated basis shall maintain a Fixed Charge Coverage Ratio, for as calculated at the four consecutive fiscal quarter period ending as end of each fiscal quarter endfor the four fiscal quarters then ended, shall be greater of not less than or equal 1.05 to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter1.00.

Appears in 1 contract

Samples: Security Agreement (Lesco Inc/Oh)

Fixed Charge Coverage Ratio. Beginning with Maintain a Fixed Charge Coverage Ratio of not less than (a) 1.10 to 1.00 for the quarter ended period of four (4) consecutive fiscal quarters ending September 30, 20082004, the Fixed Charge Coverage Ratio, (b) 1.00 to 1.00 for the each rolling period of four (4) consecutive fiscal quarter period quarters ending as of each fiscal quarter endDecember 31, shall be greater than or equal 2004 and March 31, 2005, and (c) thereafter, 1.10 to (i) 1.15 to 1.0 1.00 for each rolling period of four (4) consecutive fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterquarters."

Appears in 1 contract

Samples: Loan and Security Agreement (PVC Container Corp)

Fixed Charge Coverage Ratio. Beginning with Maintain a Fixed Charge Coverage Ratio at each fiscal quarter end of not less than 1.05:1.00 for (i) the quarter ended two fiscal quarters ending June 30, 2003, (ii) the three fiscal quarters ending September 30, 20082003, and (iii) thereafter, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterquarters then ended.

Appears in 1 contract

Samples: Security Agreement (Comforce Corp)

Fixed Charge Coverage Ratio. Beginning Commencing with the quarter ended Fiscal Quarter ending September 30, 20082017, the maintain a Fixed Charge Coverage RatioRatio of at least 1.0:1.0, determined as of the last day of each Fiscal Quarter for the trailing four consecutive fiscal quarter period ending as of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterthen ended.

Appears in 1 contract

Samples: Loan and Security Agreement (Wireless Telecom Group Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, Permit the Fixed Charge Coverage Ratio, determined as of the end of each of its Fiscal Quarters for the then most-recently ended four consecutive fiscal quarter period ending as of each fiscal quarter endFiscal Quarters, shall to be greater less than or equal (a) 1.25 to (i) 1.15 to 1.0 for each fiscal quarter during 1.00 on the fiscal year 2009 Closing Date through September 30, 2005 and (iib) 1.20 1.50 to 1.0 for each fiscal quarter 1.00 at all times thereafter.

Appears in 1 contract

Samples: Loan Agreement (Brush Engineered Materials Inc)

Fixed Charge Coverage Ratio. Beginning with the quarter ended September 30, 2008, the The Fixed Charge Coverage Ratio, for calculated as of the four consecutive fiscal quarter period ending as last day of each fiscal quarter endquarter, shall be greater than or equal to (i) 1.15 1.25 to 1.0 for each fiscal quarter during 1.00 from the fiscal year 2009 Second Amendment Effective Date through and including the Fourth Quarter of 2015 and (ii) 1.20 1.30 to 1.0 for each fiscal quarter 1.00 from the First Quarter of 2016 and thereafter.

Appears in 1 contract

Samples: Security Agreement (Carrols Restaurant Group, Inc.)

Fixed Charge Coverage Ratio. Beginning with Maintain at all such times a Fixed Charge Coverage Ratio of not less than (i) .75 to 1.00 for the fiscal quarter ended ending Xxxxx 00, 0000 (xx) 1.00 to 1.00 for the last two fiscal quarters ending June 30, 2001, (iii) 1.00 to 1.00 for the last three fiscal quarters ending September 30, 2008, 2001 and (iv) commencing with the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending as December 31, 2001, 1.00 to 1.00, to be tested on a rolling four quarter basis at the end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafterquarter.

Appears in 1 contract

Samples: Philipp Brothers Chemicals Inc

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