Cash Flow Coverage Ratio. Maintain a Cash Flow Coverage Ratio, on a consolidated basis, equal to or greater than (i) 1.15 on September 30, 2004, (ii) 1.2 to 1 .0 from October 1, 2004, until the Termination Date, and (ii) an amount set by the Bank thereafter, each measured at the end of each Fiscal Quarter.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc), Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)
Cash Flow Coverage Ratio. Maintain a Cash Flow Coverage Ratio, on a consolidated basis, equal to or greater than (i) 1.15 .6 to 1.0 on September 30March 31, 2004, 2005 (ii) 1.2 to 1 .0 from October April 1, 2004, 2005 until the Termination DateTexxxxxxxxx Xxxx, and xxx (ii) an amount thereafter, a ratio set by the Bank thereafterby giving ninety (90) days prior written notice thereof to Borrower, each measured at the end of each Fiscal Quarter.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Phoenix Footwear Group Inc)
Cash Flow Coverage Ratio. Maintain a Cash Flow Coverage Ratio, on a consolidated basis, Ratio equal to or greater than than: (i) 1.15 on September 0.85 to 1.0 from December 31, 2003, until June 30, 2004, ; (ii) 1.2 to 1 .0 1.0 from October 1June 30, 2004, until the Termination Date, and (iiiii) an amount set by the Bank 2.0 to 1.0 thereafter, each measured at the end of each Fiscal Quarter.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Phoenix Footwear Group Inc)
