Cash Flow to Debt Service Ratio. The Company will not permit the Cash Flow to Debt Service Ratio as at the last day of any fiscal quarter of the Company, beginning with the fiscal quarter ending on March 31, 1999, to be less than 1.25 to 1.
Cash Flow to Debt Service Ratio. The Borrower on a consolidated basis with its Subsidiaries shall maintain a Cash Flow to Debt Service Ratio of not less than 2.5. Such test must be satisfied as of the end of each fiscal quarter, based on annualized results for the preceding two fiscal quarters.
Cash Flow to Debt Service Ratio. Borrower will maintain (calculated in accordance with GAAP) a ratio of quarterly Cash Flow to quarterly Debt Service of not less than 1.25 to 1.0. For the purposes of calculating this ratio:
Cash Flow to Debt Service Ratio. Maintain a ratio of Cash Flow to Debt Service for each fiscal quarter of not less than 1.25 to 1.0.
Cash Flow to Debt Service Ratio. The Company will not permit the Cash Flow to Debt Service Ratio as at the last day of any fiscal quarter of the Company occurring during any of the periods set forth below to be less than the ratio set forth below opposite such period: Period Cash Flow to Debt Service Ratio ------ ------------------------------- January 1, 2001 and thereafter 1.00 to 1
Cash Flow to Debt Service Ratio. The Borrowers will not permit the ratio of Cash Flow to Debt Service for the Parent determined on a consolidated basis, to be less than 1.25 to 1.0, determined as of the end of each fiscal quarter of the Parent ending on or after September 30, 1999.
Cash Flow to Debt Service Ratio. Borrower will maintain (calculated in accordance with GAAP) a ratio of quarterly Cash Flow to quarterly Debt Service of not less than 1.25 to 1.0. Compliance with this covenant shall begin with the quarter ending September 30, 1996. For the purposes of calculating this ratio:
Cash Flow to Debt Service Ratio. Lessee shall at all times maintain a ratio of Cash Flow to Debt Service of not less than 7.0 to 1.0. For the purposes of this covenant, "cash flow' shall mean earnings of Lessee before interest, taxes, depreciation and amortization and "debt service" shall mean the sum of the current portion of long term debt and capitalized leases, It dividends, and treasury stock repurchases.
Cash Flow to Debt Service Ratio. Maintain a ratio of cash flow-to-debt service of not less than 1.25 (total cash flow divided by total debt service) to be measured annually based on the audited financial statements required by Section 7.5(a). For purposes of this requirement, "Cash Flow" shall be defined as net profits plus allowances for depreciation, interest and equity injections consisting of cash; and "Debt Service" shall be defined as all scheduled payments of principal, interest and equipment lease financing payable by the Borrower within the next 365 calendar days.
Cash Flow to Debt Service Ratio. The Guarantor and its wholly owned subsidiaries shall maintain a consolidated ratio of cash flow-to-date service of not less than 1.25 (total cash flow divided by total debt service) to be measured quarterly based on the consolidated financial statements required by Section 11.1
(a) For purposes of this requirement, "Cash Flow" shall be defined as Guarantor's and its wholly owned subsidiaries' consolidated net profits plus consolidated allowances for depreciation, interest and equity injections consisting of cash for the past 365 calendar days; and "Debt Service" shall be defined as all scheduled payments of principal, interest and equipment lease financing payable by the Guarantor and its wholly owned subsidiaries within the next 365 calendar days.
