Definition of Fixed Charge Coverage Ratio Sample Clauses

Definition of Fixed Charge Coverage Ratio. The definition ofFixed Charge Coverage Ratiocontained in Section 1.01 of the Credit Agreement shall be amended and restated in its entirety to read as follows:
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Definition of Fixed Charge Coverage Ratio. The definition of "Fixed Charge Coverage Ratio" is hereby deleted in its entirety.
Definition of Fixed Charge Coverage Ratio. The reference to CAPITAL EXPENDITURES in Section 1.42(a) of the LOAN AGREEMENT shall be deleted for the time period beginning on April 30, 2004 and ending on October 31, 2004, and shall thereafter be reinstated in Section 1.42 effective as of November 1, 2004. Beginning for the period beginning on November 1, 2004 and continuing thereafter, CAPITAL EXPENDITURES shall be measured for purposes of Section 1.42(a) on a cumulative basis beginning on November 1, 2004 until October 31, 2005, and thereafter for the immediately preceding four (4) FISCAL QUARTERS.
Definition of Fixed Charge Coverage Ratio. Effective as of the date hereof, the definition of "Fixed Charge Coverage Ratio" set forth in Section 1.1 of the Agreement is hereby amended to read in its entirety as follows:
Definition of Fixed Charge Coverage Ratio. Clause (b) of the opening paragraph of the definition of Fixed Charge Coverage Ratio is amended by adding the following language immediately after subclause (iii) (and immediately prior to the semi-colon setting off the proviso to such definition): “plus (iv) dividends paid in cash by the Parent during such period”. 1.3

Related to Definition of Fixed Charge Coverage Ratio

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter for the four fiscal quarters ending on that date, to be less than 1.25 to 1.0.

  • Minimum Fixed Charge Coverage Ratio As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2015, Borrowers will maintain a Fixed Charge Coverage Ratio of not less than 1.20 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Fixed Charge Coverage As of the last day of each calendar quarter, the ratio of (x) Annual EBITDA, less reserves for Capital Expenditures of (i) $.30 per square foot per annum for each Real Property Asset that is an office property and (ii) $.15 per square foot per annum for each Real Property Asset that is an industrial property, to (y) the sum of (i) Total Debt Service and (ii) dividends or other payments payable by the General Partner with respect to any preferred stock issued by the General Partner and distributions or other payments payable by the Borrower with respect to any preferred partnership units of the Borrower, will not be less than 1.5:1.0.

  • Fixed Charge Ratio Maintain a Fixed Charge Ratio as determined as of each Calculation Date of not less than 1.50: 1. The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.

  • Minimum Fixed Charge Coverage The ratio of (a) Adjusted EBIT for any Rolling Four Quarter Period to (b) Fixed Charges for the same Rolling Four Quarter Period, to be less than 1.50 to 1.00.

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

  • Coverage Ratio The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 to 1.00 for any period of four consecutive fiscal quarters.

  • 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.

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