Consolidated Fixed Charge Coverage. Permit Consolidated EBITDA to be less than 1.50 times Fixed Charges at the end of any fiscal quarter, determined based on information for the most recent quarter annualized.
Consolidated Fixed Charge Coverage. Loan Parties shall not permit the Consolidated Fixed Charge Coverage Ratio as of the last day of each Fiscal Quarter from and after the Fiscal Quarter ending June 30, 2024 to be less than 1.10 to 1.00, tested on the date of delivery of and with reference to the financial statements delivered pursuant for each such quarter pursuant to Section 9.3(ii) .
Consolidated Fixed Charge Coverage. To cause MTM to maintain a Consolidated Fixed Charge Coverage Ratio of not less than .90 to 1.00 for (i) the four fiscal quarters ending on or about December 31, 2005 and (ii) each period of four consecutive fiscal quarters ending thereafter.
Consolidated Fixed Charge Coverage. To cause the Company and its consolidated subsidiaries to maintain a Consolidated Fixed Charge Coverage Ratio, calculated for each twelve (12)-month period ending on the last day of a fiscal quarter commencing with the fiscal quarter ending September 30, 2005, of not less than 0.90 to 1.00.
Consolidated Fixed Charge Coverage. 64 6.13 Debt to Net Worth ........................................... 65 6.14 Adjusted Senior Debt to Net Worth ........................... 65 6.15 Liquidity ................................................... 65 6.16 Investments ................................................. 65 6.17
Consolidated Fixed Charge Coverage. Xxxxxxxxxxxx Parent, its US Subsidiaries and the Canadian Borrowers shall not permit the ratio of Consolidated EBITDA to Consolidated Fixed Charges for each period of four consecutive quarters to be less than 1.10:1.0 tested on the last day of each quarter beginning with the quarterly period ending June 30, 2016.
(i) Annex 1 (Commitments) of the Loan Agreement is hereby amended and restated to read as follows
Consolidated Fixed Charge Coverage. 60 Section 12.22 Limitation on Repayment of Affiliate Loans . . . . . . . 60 Section 12.23
Consolidated Fixed Charge Coverage. Neither the Parent nor the Company shall permit the following ratio to be less than 1.15/1.00 for any four successive Fiscal Quarters ending with the Fiscal Quarter ended June 30, 1996, 1.25/1.00 for any subsequent four successive Fiscal Quarters ending with the Fiscal Quarter ended June 30, 1998, and 1.50/1.00 for any four successive Fiscal Quarters thereafter:
(a) the sum of (i) Consolidated Net Income for such period plus (ii) the aggregate amounts deducted in determining such Consolidated Net Income in respect of (A) Consolidated Interest Expense for such period, (B) income and other taxes measured by income or profits for such period, (C) Consolidated Depreciation Expense for such period and (D) Consolidated Operating Lease Payments for such period less (iii) the Mandatory Capital Expenditure Amount for such period to
(b) the sum of (i) Consolidated Interest Expense for such period plus (ii) Consolidated Operating Lease Payments for such period plus (iii) the aggregate amount of all payments of principal for Funded Debt for such period.
Consolidated Fixed Charge Coverage. (a) Permit the Consolidated Fixed Charge Coverage Ratio, as of the last day of any Fiscal Quarter ending on or after June 30, 1995, to be less than 1.75:1.00, or
(b) Permit, as of the last day of any two consecutive Fiscal Quarters, both (i) the Leverage Ratio to be greater than 2.00 to 1.00 and (ii) the Consolidated Fixed Charge Coverage Ratio to be less than 2.50 to 1.00, or
(c) Permit, as of the last day of any two consecutive Fiscal Quarters, both (i) the Leverage Ratio to be greater than 2.25 to 1.00 and (ii) the Consolidated Fixed Charge Coverage Ratio to be less than 2.75 to 1.00.
Consolidated Fixed Charge Coverage. The Borrower shall not suffer or permit, as at the end of any Four Fiscal Quarter Period, the ratio (the "Consolidated Fixed Charge Coverage Ratio") of:
(i) Consolidated Net Pre-Tax Earnings of the Borrower and its Subsidiaries attributable to such period plus Consolidated Net Fixed Lease Charges attributable to such period PLUS Consolidated Net Interest Expense attributable to such period PLUS depreciation and amortization charges of the Borrower and its Subsidiaries attributable to such period, to (ii) Consolidated Net Fixed Lease Charges attributable to such period PLUS Consolidated Net Interest Expense attributable to such period PLUS scheduled principal payments in respect of any Long- Term Indebtedness of the Borrower and its Subsidiaries during such period, to be less as at such date than 1.45 to 1.00.
