Consolidated Interest and Rental Coverage Ratio Sample Clauses

Consolidated Interest and Rental Coverage Ratio. The Consolidated Interest and Rental Coverage Ratio as of the end of each Fiscal Quarter ending on the dates set forth below shall not be less than the ratio set forth opposite such Fiscal Quarter: Fiscal Quarter Ended Consolidated Interest and Rental Coverage Ratio September 2016 1.20 to 1.00 December 2016 1.20 to 1.00 March 2017 1.20 to 1.00 June 2017 1.20 to 1.00 September 2017 1.20 to 1.00 December 2017 1.20 to 1.00 March 2018 1.50 to 1.00 June 2018 1.50 to 1.00 September 2018 1.75 to 1.00 December 2018 1.75 to 1.00 Mesa Credit and Guaranty Agreement —Page 96 Thereafter 2.00 to 1.00
Sample 1
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Consolidated Interest and Rental Coverage Ratio. The Consolidated Interest and Rental Coverage Ratio as of the end of each Fiscal Quarter shall not be less than [***]." Exhibit 10.4 (z) Section 8.01 of the Existing Agreement 1s hereby amended by adding the following new subsection (c) at the end thereof:
Sample 1
Consolidated Interest and Rental Coverage Ratio. The Consolidated Interest and Rental Coverage Ratio as of the end of each Fiscal Quarter ending on the dates set forth below shall not be less than the ratio set forth opposite such Fiscal Quarter: Fiscal Quarter Ended Consolidated Interest and Rental Coverage Ratio September 2016 1.20 to 1.00 December 2016 1.20 to 1.00 March 2017 1.20 to 1.00 June 2017 1.20 to 1.00 September 2017 1.20 to 1.00 December 2017 1.20 to 1.00 March 2018 1.30 to 1.00 June 2018 1.30 to 1.00 September 2018 1.40 to 1.00 December 2018 1.50 to 1.00 Thereafter 1.75 to 1.00 [Amendment No. 4 to Credit Agreement]
Sample 1

Related to Consolidated Interest and Rental Coverage Ratio

  • 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 3.00 to 1.00.

  • 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.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Debt Service Coverage Ratio Not permit the Debt Service Coverage Ratio on the last day of each Fiscal Quarter to be less than 3.50 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • 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 Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 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.

  • Collateral Coverage Ratio On the date of such Loan or the issuance of such Letter of Credit hereunder (and after giving pro forma effect thereto), the Collateral Coverage Ratio shall not be less than 1.0 to 1.0.

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