Cash Flow to Rent Ratio Sample Clauses

Cash Flow to Rent Ratio. Lessee on a consolidated basis shall maintain a Cash Flow to Rent Ratio as determined quarterly on a cumulative basis for the preceding four (4) calendar quarters of 1.25 or more.
Sample 1Sample 2
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Cash Flow to Rent Ratio. During the Term, Lessee and the Sublessees on a consolidated basis shall maintain a Cash Flow to Rent Ratio of 1.3 or more. The Cash Flow to Rent Ratio is tested quarterly on a trailing twelve months basis. During the Lease Year commencing on September 1, 2008, a pro forma Base Rent of Fifteen Million Seven Hundred Eleven Thousand Six Hundred Eighty Six and 82/100 Dollars ($15,711,686.82) shall be used.
Sample 1
Cash Flow to Rent Ratio. Commencing in the third Lease Year, Lessee ------------------------ shall maintain a Cash Flow to Rent Ratio of 1.10 or more. 8.2.1.2
Sample 1
Cash Flow to Rent Ratio. Lessee and the Sublessees on a consolidated basis shall maintain a Cash Flow to Rent Ratio as determined quarterly on a cumulative basis for each calendar year during the Term of: During the first Lease Year 1.1 or more During the second Lease Year 1.20 or more Thereafter 1.25 or more.
Sample 1
Cash Flow to Rent Ratio. Within twenty-four (24) months after the Commencement Date, Lessee shall achieve and thereafter maintain, on a trailing three (3) calendar month basis, a Cash Flow to Rent Ratio of not less than 1.2. Not later than December 31, 2002, Lessee shall achieve and thereafter maintain, on a trailing three (3) month basis, a Cash Flow to Rent Ratio of not less than 1.25. Not later than December 31, 2003, and not later than December 31 of each Lease Year thereafter throughout the Term, Lessee shall achieve and thereafter maintain, on a trailing three (3) month basis, a Cash Flow to Rent Ratio that is not less than three (3) basis points higher than the Cash Flow to Rent Ratio that Lessee was required to achieve by the immediately preceding December 31 (e.g., the Cash Flow to Rent Ratio for the Lease Year ended December 31, 2003 shall be not less than 1.28, the Cash Flow to Rent Ratio for the Lease Year ended December 31, 2004 shall be not less than 1.31, etc.) In determining Lessee's compliance with this financial covenant, Lessee's Cash Flow for the pertinent fiscal period shall be reduced by an amount equal to the Minimum Qualified Capital Expenditures allocable to such period (prorated on a daily basis for any fiscal period of less than 365 days).
Sample 1
Cash Flow to Rent Ratio. Lessee, the City View Operator and City View Owner on a consolidated basis (but excluding from such calculation the Net Income and Base Rent attributable to the OHI THI Facilities until July 1, 2009) shall maintain a Cash Flow to Rent Ratio as determined quarterly on a cumulative basis for the preceding four (4) calendar quarters during the Term of 1.25 or more. As illustration of the foregoing, the calculation of Cash Flow to Rent Ratio shall (i) at the end of the current quarter and the first through fourth quarters thereafter (which tests the period from date of this Lease thru June 30, 2009), exclude the Net Income and Base Rent attributable to the OHI THI Facilities, and (ii) at the end of the fifth quarter (which tests the second thru fifth quarters after the date of this Lease, i.e., October 1, 2008 thru September 30, 2009), exclude the Net Income and Base Rent attributable to the OHI THI Facilities prior to July 1, 2009, but include the period of July 1, 2009 thru September 30, 2009 for the OHI THI Facilities.
Sample 1
Cash Flow to Rent Ratio. On and after March 31, 2004, Lessee shall achieve and thereafter maintain, on a trailing three (3) month basis, a Cash Flow to Rent Ratio of not less than 1.0. In determining Lessee's compliance with this financial covenant, Lessee's Cash Flow for the pertinent fiscal period shall be reduced by an amount equal to a management fee equal to five percent (5%) of Gross Revenues for the applicable period and shall be calculated only for the Remaining Facilities.
Sample 1
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Related to Cash Flow to Rent Ratio

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • 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 1.0. 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.

  • Minimum Consolidated Net Worth Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • 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.

  • Cash Flow Ratio To maintain on a consolidated basis a cash flow ratio of at least 1.35:1.00.

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

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