Common use of Consolidated Fixed Charge Coverage Ratio Clause in Contracts

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated 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 7 contracts

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

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Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month, on a trailing twelve (12) month basisbasis (commencing with the most recently ended Fiscal Quarter or Fiscal Month, as the case may be, immediately prior to the date that the Covenant Compliance Event occurs for which the Borrowers have delivered a Compliance Certificate to the Agent in accordance with Section 6.02(b)) 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 4 contracts

Samples: Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.), Credit Agreement (Sally Beauty Holdings, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each Measurement Period during such continuation, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.1:1.0.

Appears in 4 contracts

Samples: Credit Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc), Credit Agreement (Quiksilver Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the occurrence of such Covenant Compliance Event and as of the last day of each Fiscal Period thereafter based upon the most recent Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Tops Holding Ii Corp), Credit Agreement (Tops Markets Ii Corp), Credit Agreement (Tops Holding Corp)

Consolidated Fixed Charge Coverage Ratio. During the continuance of At any time that a Covenant Compliance EventTesting Event has occurred and is continuing, the Loan Parties will not permit the Consolidated Fixed Charge Coverage RatioRatio for Company on a Consolidated Basis to be less than 1.00 to 1.00, as calculated on a trailing twelve (12) month basis, to be less than 1.0:1.0basis as of the end of each Test Period, commencing with the month ending immediately preceding prior to the date on which a occurrence of the Covenant Compliance Event first occurredTesting Event.

Appears in 3 contracts

Samples: Credit Agreement (Designer Brands Inc.), Credit Agreement (Designer Brands Inc.), Credit Agreement (Designer Brands Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each Fiscal Quarter (commencing with the Fiscal Quarter immediately prior to the date that the Covenant Compliance Event occurs) for the Measurement Period then ended, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.00:1.00.

Appears in 3 contracts

Samples: Credit Agreement (Torrid Holdings Inc.), Credit Agreement (Torrid Holdings Inc.), Credit Agreement (Torrid Holdings Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month on a trailing twelve month months 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 2 contracts

Samples: Credit Agreement (Restoration Hardware Holdings Inc), Credit Agreement (Restoration Hardware Holdings Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each Fiscal Quarter for the most recently completed Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.0.1.0.

Appears in 2 contracts

Samples: Credit Agreement (Lumber Liquidators Holdings, Inc.), Credit Agreement (Lumber Liquidators Holdings, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the occurrence of such Covenant Compliance Event and as of the last day of each Fiscal Period thereafter based upon the most recent Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.10 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Tops PT, LLC), Credit Agreement (Tops PT, LLC)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisfor the Measurement Period ending immediately prior to the Fiscal Month in which the Covenant Compliance Event occurs and for each Fiscal Month ending thereafter until the Covenant Compliance Event is no longer continuing, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1:00 to 1:00.

Appears in 2 contracts

Samples: Credit Agreement (Citi Trends Inc), Credit Agreement (Citi Trends Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance EventEvent occurring on or after the last day of the Fiscal Quarter of Holdings ending May 26, 2012, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basis, Ratio to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Container Store Group, Inc.), Credit Agreement (Container Store Group, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve as of the last day of each month basisfor the most recent Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Rue21, Inc.), Credit Agreement (Rue21, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each month, to be less than 1.0:1.0, commencing with .” 6. Amendments to Schedule 2.01. Schedule 2.01 to the month ending immediately preceding Credit Agreement (Commitments and Applicable Percentages) is hereby deleted in its entirety and the date on which a Covenant Compliance Event first occurredSchedule 2.01 attached hereto is substituted in its stead.

Appears in 1 contract

Samples: Credit Agreement

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve as of the occurrence of such Covenant Compliance Event and as of the last day of each month basisthereafter based upon the most recent Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Tuesday Morning Corp/De)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month, on a trailing twelve (12) month basis, 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 occurred1.1:1.0.

Appears in 1 contract

Samples: Credit Agreement (Sally Beauty Holdings, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month, on a trailing twelve (12) month basis, 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 occurred1.11.0:1.0.

Appears in 1 contract

Samples: Credit Agreement (Sally Beauty Holdings, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve as of the last day of each month basisfor any Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.1:1.0.

Appears in 1 contract

Samples: Credit Agreement (Pep Boys Manny Moe & Jack)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each Fiscal Quarter as of the Most Recently Ended period of four Fiscal Quarters, commencing with the Fiscal Quarter ended on a trailing twelve month basisor immediately prior to the date that the Covenant Compliance Event occurs, 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: Credit Agreement (YCC Holdings LLC)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, 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: Credit Agreement (Big 5 Sporting Goods Corp)

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Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve as of the last day of each month basisfor each Measurement Period, 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: Credit Agreement (Kirkland's, Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each month, 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: Credit Agreement (Childrens Place, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each month, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.1 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Cost Plus Inc/Ca/)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on as of the last day of each Fiscal Month (commencing with the Fiscal Month most recently ended prior to the commencement of such Covenant Compliance Event for which financial statements and a trailing twelve month basisCompliance Certificate are required to have been delivered, and each Fiscal Month thereafter), to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Childrens Place, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each Fiscal Month for the most recently ended Measurement Period, to be less than 1.0:1.0the amounts set forth below for the periods indicated: Closing Date through December 31, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred.2010 1.0:1.0 January 31, 2011 through December 31, 2011 1.1:1.0 January 31, 2012 and thereafter 1.2:1.0

Appears in 1 contract

Samples: Credit Agreement (O Reilly Automotive Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance EventEvent occurring on or after the last day of the Fiscal Quarter of Holdings ending May 26, 2012, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basis, Ratio 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.1.0 to 1.0. ​

Appears in 1 contract

Samples: Credit Agreement (Container Store Group, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each Fiscal Quarter for the Measurement Period then ended, 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: Credit Agreement (Chicos Fas Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisas of the last day of each Fiscal Quarter for the most recently completed Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Lumber Liquidators Holdings, Inc.)

Consolidated Fixed Charge Coverage Ratio. During the continuance of If a Covenant Compliance EventEvent shall occur, the Loan Parties shall not permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve month basisbasis as of the last day of each month, commencing with the month immediately preceding the Covenant Compliance Event and continuing until a Covenant Compliance Event shall no longer be continuing, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.1:1.0.

Appears in 1 contract

Samples: Credit Agreement (Jo-Ann Stores Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated on a trailing twelve as of the last day of each month basisfor each Measurement Period, to be less than 1.0:1.0, commencing with the month ending immediately preceding the date on which a Covenant Compliance Event first occurred1.1:1.0.

Appears in 1 contract

Samples: Credit Agreement (Kirkland's, Inc)

Consolidated Fixed Charge Coverage Ratio. During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each month, on a trailing twelve (12) month basis, 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: Credit Agreement (Sally Beauty Holdings, Inc.)

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