Basic Fixed Charge Coverage Ratio. Maintain a Basic Fixed Charge Coverage Ratio of at least 1.50:1.00. This ratio will be calculated as of the last day of each fiscal quarter for which this Agreement requires Borrowers to deliver financial statements, using the results of the twelve-month period ending on the last day of such fiscal quarter. The current portion of long-term liabilities will be measured as of the date twelve (12) months prior to the current financial statement.”
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Samples: Credit Agreement (Summer Infant, Inc.), Credit Agreement (Summer Infant, Inc.)
Basic Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Basic Fixed Charge Coverage Ratio of at least 1.50:1.00greater than or equal to 1.75 to 1.0. This ratio The Basic Fixed Charge Coverage Ratio will be calculated as of at the last day end of each fiscal quarter for which this Agreement requires Borrowers to deliver financial statementsof LL Holdings, using the results of the twelve-month period ending on the last day of with such fiscal quarter. The current portion of long-term liabilities will be measured as of the date twelve (12) months prior to the current financial statementstatements.”
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Samples: Revolving Credit Agreement (Lumber Liquidators Holdings, Inc.)
Basic Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Basic Fixed Charge Coverage Ratio of at least 1.50:1.001.25:1.00. This ratio will be calculated as of at the last day end of each fiscal quarter reporting period for which this Agreement requires Borrowers to deliver financial statements, using the results of the twelve-twelve- month period ending on the last day of such fiscal quarterwith that reporting period. The current portion of long-term liabilities will be measured as of the date twelve (12) months prior to the current financial statement.”
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Basic Fixed Charge Coverage Ratio. Maintain a Basic Fixed Charge Coverage Ratio of at least 1.50:1.00. This ratio will be calculated as of the last day of each fiscal quarter for which this Agreement requires Borrowers to deliver financial statements, using the results of the twelve-month period ending on the last day of such fiscal quarter. The current portion of long-term liabilities will be measured as of the date twelve (12) months prior to the current financial statement.”
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