Cash Flow Coverage Ratio. The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.
Cash Flow Coverage Ratio. Borrower shall have a Cash Flow Coverage Ratio as of the end of each fiscal quarter of Borrower, measured on a cumulative year to date basis, of not less than (a) .81 to 1.0 during Borrower's fiscal year ending December 31, 1999; (b) .91 to 1.0 during Borrower's fiscal year ending December 31, 2000; and (c)
Cash Flow Coverage Ratio. Maintain a Cash Flow Coverage Ratio as of the last day of each of its fiscal quarters of not less than 3.25 to 1.
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a trailing twelve (12) month basis, to be less than: (i) 0.50 to 1.00 as of Xxxxx 00, 0000, (xx) 0.65 to 1.00 as of June 30, 2005, (iii) 0.70 to 1.00 as of September 30, 2005, and (v) 1.10 to 1.00 as of December 31, 2005, or as of the last day of each calendar quarter thereafter.
Cash Flow Coverage Ratio. The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.
Cash Flow Coverage Ratio. The Borrower will not permit the Cash Flow Coverage Ratio as of the last day of any fiscal quarter during the periods set forth below to be less than the ratio set forth below opposite such period: Minimum Cash Flow Date Coverage Ratio ---- -------------- Closing Date through June 30, 2000 3.00 : 1.0 July 1, 2000 through June 30, 2001 3.25 : 1.0 July 1, 2001 through June 30, 2002 3.50 : 1.0 July 1, 2002 through June 30, 2003 3.75 : 1.0 Thereafter 4.00 : 1.0
Cash Flow Coverage Ratio. Permit the Cash Flow Coverage Ratio as at the last day of any fiscal quarter of the Borrower to be less than 2.50 : 1.00.
Cash Flow Coverage Ratio. (a) Permit the ratio of the Borrower's EBITDA to the sum of (i) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS (ii) mandatory principal payments on Long Term Debt, PLUS (iii) income taxes actually paid during such period, to be less than (x) 0.75 to 1.0 as of November 24, 1996, for the four consecutive fiscal quarters ending on that date and (y) 1.1 to 1.0 as of February 23, 1997, for the four consecutive fiscal quarters ending on that date.
(b) Permit the ratio, as of the last day of any fiscal quarter, of the Borrower's EBITDA for the four consecutive fiscal quarters ending on that date to the sum of (a) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS (b) mandatory principal payments on Long Term Debt, PLUS (c) cash Capital Expenditures not financed by Long Term Debt, PLUS (d) income taxes actually paid during such period, to be less than 1.1 to 1.0.
Cash Flow Coverage Ratio. The Borrower shall, as of the last day of each quarter-annual accounting period of the Borrower ending during the periods specified below, maintain the ratio of Consolidated Cash Flow for the four fiscal quarters of the Borrower then ended to Consolidated Fixed Charges for the same four fiscal quarters then ended (the "Cash Flow Coverage Ratio") of not less than: Cash Flow Coverage From and To and Ratio shall not Including Including be less than: 12/31/96 03/30/98 .80 to 1.0 03/31/98 and at all times thereafter 1.00 to 1.0
(f) Section 7 of the Credit Agreement shall be amended to include a new Section 7.17 which shall read as follows:
Cash Flow Coverage Ratio. The Borrower shall not permit the Cash Flow Coverage Ratio of the Borrower and its Subsidiaries on a Consolidated basis to be less than 1.25:1.00 at any time.
