Fixed Change Coverage Ratio Sample Clauses

Fixed Change Coverage Ratio. Maintain at all times a Consolidated Fixed Charge Ratio of 1.75 to 1.0 computed on a trailing four quarter average basis.
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Fixed Change Coverage Ratio. Cause or permit the Consolidated Group's Fixed Charge Coverage Ratio to be less than 1.0 to 1.0 as if the end of any fiscal quarter commencing with fiscal quarter ending January 31, 1998.
Fixed Change Coverage Ratio a. EBITDA (see ITEM 1(f) of Attachment 2) . . . . . . . . . .
Fixed Change Coverage Ratio. 54 SECTION 11. EVENTS OF DEFAULT; REMEDIES ON DEFAULT..........................55
Fixed Change Coverage Ratio. As long as any Commitments or Obligations are outstanding and from and after the date on which the Availability Block is reduced to $0, Borrower shall, to the extent Availability is less than $65,000,000 prior to the Syndication Date or less than $25,000,000 from and after the Syndication Date, maintain a Fixed Charge Coverage Ratio of at least 1.10 to 1.0 for the Fiscal Quarter most recently ended and for each Fiscal Quarter ending thereafter during such time when Availability is less than $65,000,000 prior to the Syndication Date or less than $25,000,000 from and after the Syndication Date.
Fixed Change Coverage Ratio. Not permit the Fixed Charge Coverage Ratio for any Computation Period to be less than the applicable ratio set forth below for such Computation Period: Computation Fixed Charge Period Ending Coverage Ratio ------------- -------------- On or prior to September 30, 2004 1.5 to 1.0 On or after December 31, 2004 and on or before September 30, 2005 1.65 to 1.0
Fixed Change Coverage Ratio a. EBITDA (see Item 1(f) of Attachment 2)..............
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Fixed Change Coverage Ratio. The Borrower and Guarantors will maintain at all times (other than for the fiscal quarter ending August 30, 1998), beginning with the fiscal quarter ending May 31, 1998, on a consolidated basis, a minimum Fixed Charge Coverage Ratio of not less than 1.25 to 1.0, such ratio to be tested quarterly. The Borrower and Guarantors will maintain at all times on a consolidated basis during the fiscal quarter ending August 30, 1998, a minimum Fixed Charge Coverage Ratio of not less than 1.10 to 1.0."
Fixed Change Coverage Ratio. The Borrower and --------------------------- Questar, on a combined basis, shall maintain a minimum fixed charge coverage ratio of 1.2:1. The ratio shall be calculated as follows: Adjusted TTM EBIDTA less the sum of unfunded capital expenditures, less cash tax payments and less cash dividends] ------------------------------------------------------------- [the sum of principal and cash interest payments on all debts for the test period Compliance with each ratio in (a) through (d) above, shall be tested by the Bank annually based on a rolling 4 quarter basis and the financial statements of the Borrower and Questar. For purposes of calculation, each ration in (a) through (d) above, the annual financial statements of the Borrower referred to in (g) below shall be used each year and the asset listed under "Other" as "Test passage bank and test development" shall be includable as an asset and not excludable as an intangible in all calculations.

Related to Fixed Change Coverage Ratio

  • Fixed Charge Coverage Ratio The Borrower will not permit its Fixed Charge Coverage Ratio to be less than 1.10 to 1.00 as of each fiscal quarter end.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • Minimum Fixed Charge Coverage Ratio The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

  • Consolidated Fixed Charge Ratio Permit at any time the Consolidated Fixed Charge Ratio to be less than 1.25 to 1.00.

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