Common use of Consolidated Fixed Charge Coverage Ratio Covenant Clause in Contracts

Consolidated Fixed Charge Coverage Ratio Covenant. During the continuance of a Covenant Compliance Event, the Borrowers will not permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month on a trailing twelve month basis, to be less than 1.0:1.0.

Appears in 2 contracts

Samples: Credit Agreement (BIG 5 SPORTING GOODS Corp), Credit Agreement (Big 5 Sporting Goods Corp)

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Consolidated Fixed Charge Coverage Ratio Covenant. During the continuance of a Covenant Compliance Event, the Borrowers will not Lead Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month on a trailing twelve month basis, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred.

Appears in 1 contract

Samples: Abl Credit Agreement (Lands' End, Inc.)

Consolidated Fixed Charge Coverage Ratio Covenant. During After the occurrence and during the continuance of a Covenant Compliance Event, the Borrowers will shall not permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month on a trailing twelve month basis, Ratio to be less than 1.0:1.0.

Appears in 1 contract

Samples: Credit Agreement (Stage Stores Inc)

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Consolidated Fixed Charge Coverage Ratio Covenant. During the continuance of a Covenant Compliance Event, the Borrowers will not Domestic Borrower shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month on a trailing twelve month basis, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred.

Appears in 1 contract

Samples: Abl Credit Agreement (Lands End Inc)

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