DOC Fixed Charge Coverage Ratio Sample Clauses

DOC Fixed Charge Coverage Ratio. Permit the DOC Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters of DOC (or, if less, the number of full fiscal quarters subsequent to the Closing Date, in which case the applicable amounts used in determining such ratio shall be Annualized) ending with any fiscal quarter set forth below to be less than the ratio set forth below opposite such fiscal quarter: DOC Fixed Charge Fiscal Quarter Ended Coverage Ratio -------------------- -------------- December 31, 2003 1.10:1 March 31, 2004 1.10:1 June 30, 2004 1.10:1 September 30, 2004 1.10:1 December 31, 2004 1.10:1 March 31, 2005 1.10:1 June 30, 2005 1.10:1 September 30, 2005 1.10:1 December 31, 2005 1.10:1 March 31, 2006 1.10:1 June 30, 2006 1.15:1 September 30, 2006 1.15:1 December 31, 2006 1.15:1 March 31, 2007 1.15:1 June 30, 2007 1.15:1 September 30, 2007 1.15:1 December 31, 2007 1.15:1 March 31, 2008 1.15:1 June 30, 2008 1.20:1 September 30, 2008 1.20:1 December 31, 2008 1.20:1 March 31, 2009 and each fiscal quarter 1.25:1 ended thereafter
Sample 1
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DOC Fixed Charge Coverage Ratio. Permit the DOC Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters of DOC (or, if less, the number of full fiscal quarters subsequent to the Closing Date, in which case the applicable amounts used in determining such ratio shall be Annualized) ending with any fiscal quarter set forth below to be less than the ratio set forth below opposite such fiscal quarter: 1.10:1 March 31, 2004 1.10:1 June 30, 2004 1.10:1 September 30, 2004 1.10:1 December 31, 2004 1.10:1 March 31, 2005 1.10:1 June 30, 2005 1.10:1 September 30, 2005
Sample 1
DOC Fixed Charge Coverage Ratio. Permit the DOC Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters of DOC ending with any fiscal quarter set forth below to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ended DOC Fixed Charge Coverage Ratio March 31, 2004 1.10:1 Fiscal Quarter Ended DOC Fixed Charge Coverage Ratio
Sample 1

Related to DOC 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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