Cash Flow to Fixed Charges Sample Clauses

Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers during the periods set forth below, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentages set forth below of Consolidated Fixed Charges of the Borrowers for such four fiscal quarters then ending: Period Percentages October 30, 1998 through October 29, 1999 100% October 30, 1999 through October 27, 2000 105% October 28, 2000 and thereafter 110%
Sample 1See All (5)
Cash Flow to Fixed Charges. Not permit the ratio of Cash Flow to Fixed Charges of the Borrower to be less than (i) for the fiscal quarter ending March 31, 1997, 1.2:1.0 (or, if all or a portion of the Offering has been consummated, 1.5:1.0), (ii) for the period of two consecutive fiscal quarters ending June 30, 1997, 1.2:1.0 (or, if all or a portion of the Offering has been consummated, 1.5:1.0), (iii) for the period of three consecutive fiscal quarters ending September 30, 1997, 1.2:1.0 (or, if all or a portion of the Offering has been consummated, 1.5:1.0), (iv) for the period of four consecutive fiscal quarters ending December 31, 1997, 1.2:1.0 (or, if all or any portion of the Offering has been consummated, 1.5:1.0) and (v) for each period of four consecutive fiscal quarters ending after December 31, 1997, 1.3:1.0 (or, if all or any portion of the Offering has been consummated, 1.5:1.0).
Sample 1
Cash Flow to Fixed Charges. The Loan Agreement is hereby amended by deleting Subsection 8.3(D) [relating to Cash Flow to Fixed Charges] in its entirety and replacing it with the following new Subsection 8.3(D):
Sample 1
Cash Flow to Fixed Charges. Maintain for each fiscal -------------------------- year of Borrowers a ratio of Net Cash Flow minus taxes to Fixed Charges of not less than 1.5 to 1.0 as of each fiscal year end, commencing with the fiscal year ending June 30, 2000.
Sample 1
Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentage of such Consolidated Fixed Charges for such period set forth in the table below: FISCAL QUARTERS ENDING NEAREST PERCENTAGE ------------------------------ ---------- Restatement Date through April 30, 1997................... 75% July 31, 1997 through October 31, 1997.................... 110% January 31, 1998 through October 31, 1998................. 120% January 31, 1999 and thereafter........................... 130%"
Sample 1

Related to Cash Flow to Fixed Charges

  • Fixed Charges with respect to the Borrower and Restricted Subsidiaries for any Test Period, the sum, determined on a Consolidated basis, of: a) Consolidated Net Cash Interest Expense (i) with respect to the Borrower and its Restricted Subsidiaries on a Consolidated basis for any period, determined in accordance with GAAP, total interest expense paid or payable in cash in such period (including that attributable to obligations with respect to Capitalized Leases in accordance with GAAP in effect on the Effective Date but excluding any imputed interest as a result of purchase accounting) of the Borrower and its Restricted Subsidiaries on a Consolidated basis and all commissions, discounts and other fees and charges owed with respect to Indebtedness of the Borrower and its Restricted Subsidiaries $ provided that Consolidated Net Cash Interest Expense shall not include (i) any non-cash interest or deferred financing costs, (ii) any amortization or write-down of deferred financing fees, debt issuance costs, discounted liabilities, commissions, fees and expenses, (iii) any expensing of bridge, commitment and other financing fees and (iv) penalties and interest related to taxes (ii) interest income of the Borrower and its Restricted Subsidiaries actually received in cash during such period after giving effect to any net payments made or received by the Borrower and its Restricted Subsidiaries with respect to interest rate Swap Contracts. $ Consolidated Net Cash Interest Expense (iii) item (A)(3)(a)(i) minus item (A)(3)(a)(ii) $ b) Scheduled payments of principal on Indebtedness for borrowed money of the Borrower and Restricted Subsidiaries due and payable during such period $ Fixed Charges c) the sum of item (A)(3)(a)(iii) and item (A)(3)(b) $

  • Consolidated Fixed Charges On any date of determination, the sum of (a) Consolidated Interest Expense for the period of two (2) fiscal quarters most recently ended annualized (both expensed and capitalized), plus (b) all of the principal due and payable and principal paid with respect to Indebtedness of REIT, the Borrower and their respective Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness in full and any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries shall be included (without duplication) in the determination of Consolidated Fixed Charges.

  • Minimum Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 2.5 to 1.0.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

  • Minimum Fixed Charge Coverage Ratio Permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter of the Company, to be less than 1.5:1.00.

  • Fixed Charge Coverage Ratio The Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.15 to 1.0 at the end of the fiscal quarter ended on June 30, 2008, or at the end of any fiscal quarter ended thereafter.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for any period of four consecutive fiscal quarters ending after the Effective Date, to be less than 4.0 to 1.0.

  • Cash Flow Coverage Ratio The ratio of (a) the Company’s Cash Flow to (b) the sum of (i) the Company’s consolidated Interest Expense plus (ii) the Company’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 1.0. 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 Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

Most Referenced Clauses

Most Referenced Definitions