Consolidated Coverage Ratio. Permit the Consolidated Coverage Ratio during any period to be less than the amount specified for such period in Schedule 7.03(c) to the Securities Purchase Agreement; provided however, for the following Measurement Periods ending after the Second Amendment Effective Date, they shall be as follows: i. September 30, 2009 1.7 to 1.0 ii. December 31, 2009 1.7 to 1.0 iii. March 31, 2010 1.8 to 1.0
Appears in 2 contracts
Samples: Sellers’ Securities Agreement (FriendFinder Networks Inc.), Sellers’ Securities Agreement (FriendFinder Networks Inc.)
Consolidated Coverage Ratio. Permit the Consolidated Coverage Ratio during any period to be less than the amount specified for such period in Schedule 7.03(c) to the Securities Purchase Agreement); provided however, for the following Measurement Periods ending after the Second Amendment Effective Date, they shall be as follows:
i. September 30, 2009 1.7 to 1.0 ii. December 31, 2009 1.7 to 1.0 iii. March 31, 2010 1.8 to 1.0
Appears in 2 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
Consolidated Coverage Ratio. Permit the Consolidated Coverage Ratio during any period to be less than the amount specified for such period in Schedule 7.03(c) to the Securities Purchase Agreement); provided however, for the following Measurement Periods ending after the Second Amendment Effective Date, they shall be as follows:
i. September 30, 2009 1.7 to 1.0 1.0
ii. December 31, 2009 1.7 to 1.0 1.0
iii. March 31, 2010 1.8 to 1.0
iv. June 30, 2010 1.8 to 1.0
v. September 30, 2010 1.8 to 1.0
vi. December 31, 2010 1.8 to 1.0 vii. March 31, 2011 2.0 to 1.0
Appears in 1 contract
Samples: Securities Purchase Agreement
