Cash Flow Ratio. (a) JLM Terminals shall maintain, as determined as of the end of each fiscal year of the JLM Entities, a Consolidated Cash Flow Ratio of not less than 1.25 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (JLM Industries Inc), Credit Agreement (JLM Industries Inc)
Cash Flow Ratio. (a) JLM Terminals shall maintain, as determined as of the end of each fiscal year of the JLM Entities, a Consolidated Cash Flow Ratio of not less than (i) 1.50 to 1.00 for the fiscal year ending on December 31, 1994 and (ii) 1.25 to 1.001.00 for each fiscal year ending thereafter.
Appears in 2 contracts
Samples: Credit Agreement (JLM Industries Inc), Credit Agreement (JLM Industries Inc)