Fixed Charge Coverage Covenant Sample Clauses

Fixed Charge Coverage Covenant. Oct-02 (0.90) ---------------------- Nov-02 (1.18) ---------------------- Dec-02 (1.34) ---------------------- Jan-03 (1.48) ---------------------- Feb-03 (1.72) ---------------------- Mar-03 (2.04) ---------------------- Apr-03 (2.63) ---------------------- May-03 (1.66) ---------------------- Jun-03 (1.12) ---------------------- Jul-03 (0.54) ---------------------- Aug-03 (0.07) ---------------------- Q1 2004 1.43 ---------------------- Q2 2004 2.18 ---------------------- Q3 2004 2.40 ---------------------- Q4 2004 2.04 ---------------------- Q1 2005 1.59 ---------------------- Q2 2005 1.34 ---------------------- Q3 2005 1.32 ---------------------- Q4 2005 1.24 ---------------------- Q1 2006 1.19 ---------------------- Q2 2006 1.27 ---------------------- Q3 2006 1.14 ---------------------- Q4 2006 1.02 ---------------------- Q1 2007 1.19 ---------------------- Q2 2007 1.36 ---------------------- Q3 2007 1.54 ---------------------- Q4 2007 1.72 ----------------------
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Fixed Charge Coverage Covenant. The Borrower will not permit the ratio, determined as of the last day of any fiscal quarter for the period of four fiscal quarters ending on such day, of (i) Consolidated EBITDA for such period minus Consolidated Capital Expenditures made or incurred in cash during such period to (ii) Consolidated Fixed Charges for such period to be less than 3.0:1
Sample 1Sample 2
Fixed Charge Coverage Covenant. So long as the Facilities remain outstanding, Milacron B.V. shall procure that the ratio of EBITDA to Total Fixed Charges in respect of the European Group is maintained for each Review Period at a minimum of 1:1. 9
Sample 1
Fixed Charge Coverage Covenant. The Borrower will not permit the ratio of (1) Consolidated EBITDA minus Consolidated Capital Expenditures to (2) Consolidated Fixed Charges at any time during any test period set forth below to be less than the ratio set forth opposite such test period below: =================================================================== Test Period Fixed Charge Coverage Ratio ------------------------------------------------------------------- 2002 1.50 ------------------------------------------------------------------- 2003 1.50 ------------------------------------------------------------------- 2004 1.50 ------------------------------------------------------------------- 2005 1.75 ------------------------------------------------------------------- 2006 1.75 ------------------------------------------------------------------- 2007 1.75 ===================================================================
Sample 1
Fixed Charge Coverage Covenant. The Borrower will not permit the ratio of (1) Consolidated EBITDA minus Consolidated Capital Expenditures to (2) Consolidated Fixed Charges at any time during any test period set forth below to be less than the ratio set forth opposite such test period below: ============================= =============================== Test Period Fixed Charge Coverage Ratio ----------------------------- ------------------------------- 2002 1.50 ----------------------------- ------------------------------- 2003 1.50 ----------------------------- ------------------------------- 2004 1.50 ----------------------------- ------------------------------- 2005 1.75 ----------------------------- ------------------------------- 2006 1.75 ----------------------------- ------------------------------- 2007 1.75 ============================= ===============================
Sample 1
Fixed Charge Coverage Covenant. Section 10.3 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:
Sample 1
Fixed Charge Coverage Covenant. TIMET shall not permit the ratio of Adjusted EBITDA to Fixed Charges to be less than 1.20 to 1.00 for the 12-month period ending March 31, 2006, or on the last day of each calendar quarter thereafter.
Sample 1
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Fixed Charge Coverage Covenant. The Borrower shall not permit the ratio of (i) Adjusted NOI for the period of four consecutive fiscal quarters of the Borrower most recently ended to (ii) Fixed Charges for such period, to be less than 2.00 to 1.00 as of the last day of such period. TTM Adjusted NOI Calculations of Fixed Charges Interest Expense Principal Payments Preferred Dividends Total Fixed Charges Ratio Pass or Failed Test
Sample 1
Fixed Charge Coverage Covenant. Section 6(b)(ii) of the Loan Agreement is hereby deleted in its entirety and amended and restated as follows:
Sample 1

Related to Fixed Charge Coverage Covenant

  • 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 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.

  • 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.

  • 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.

  • Debt Service Coverage Ratio Calculation: If school owns its facility or if the school leases its facility and the lease is capitalized: (Net Income + Depreciation Expense + Interest Expense) divided by (Principal + Interest + Lease Payments) If school leases its facility and the lease is not capitalized: (Facility Lease Payments + Net Income + Depreciation Expense + Interest Expense) divided by (Principal + Interest + Lease Payments) Data Source: Annual Fiscal Audit Report

  • Minimum Debt Service Coverage Ratio as at the end of each Fiscal Quarter, the Debt Service Coverage Ratio shall not be less than 1.20 to 1.00; and

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