Fixed Charge Coverage Covenant Sample Clauses

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
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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. 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. 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 ---------------------- Schedule 8.6-4 Schedule 8.6(a)(v) Leverage Ratio Covenant ----------------------- Oct-02 (17.62) ----------------------- Nov-02 (12.97) ----------------------- Dec-02 (10.75) ----------------------- Jan-03 (10.92) ----------------------- Feb-03 (12.43) ----------------------- Mar-03 (14.41) ----------------------- Apr-03 (18.33) ----------------------- May-03 (42.75) ----------------------- Jun-03 167.91 ----------------------- Jul-03 29.75 ----------------------- Aug-03 15.19 ----------------------- X0 0000 5.99 ----------------------- Q2 2004 4.17 ----------------------- Q3 2004 3.82 ----------------------- Q4 2004 4.10 ----------------------- Q1 2005 4.36 ----------------------- Q2 2005 4.04 ----------------------- Q3 2005 3.91 ----------------------- Q4 2005 3.73 ----------------------- Q1 2006 3.42 ----------------------- Q2 2006 2.99 ----------------------- Q3 2006 2.86 ----------------------- Q4 2006 2.79 ----------------------- Q1 2007 2.39 ----------------------- Q2 2007 2.05 ----------------------- Q3 2007 1.77 ----------------------- Q4 2007 1.54 ----------------------- Schedule 8.6-5 Schedule 8.6(a)(vi) Cash Restructuring Covenant (U.S. Dollars in 000's) ---------------------- Oct-02 30,000 ---------------------- Nov-02 30,000 ---------------------- Dec-02 30,000 ---------------------- Jan-03 30,000 ---------------------- Feb-03 30,000 ---------------------- Mar-03 30,000 ---------------------- Apr-03 30,000 ---------------------- May-03 30,000 ---------------------- Jun-03 30,000...
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
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
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 Maintenance Requirement 2.00 Pass or Failed Test Passed Test / Failed Test
Sample 1
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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. Jun-02 (0.39) -------------------------- Jul-02 (0.67) -------------------------- Aug-02 (0.83) -------------------------- Sep-02 (0.90) -------------------------- Oct-02 (0.95) -------------------------- Nov-02 (1.07) -------------------------- Dec-02 (1.13) -------------------------- Jan-03 (1.19) -------------------------- Feb-03 (1.43) -------------------------- Mar-03 (1.78) -------------------------- Apr-03 (2.03) -------------------------- May-03 (1.64) -------------------------- Jun-03 (1.04) -------------------------- Jul-03 0.01 -------------------------- Aug-03 0.37 -------------------------- X0 0000 0.95 -------------------------- Q2 2004 1.44 -------------------------- Q3 2004 1.38 -------------------------- Q4 2004 1.39 -------------------------- Q1 2005 1.51 -------------------------- Q2 2005 1.57 -------------------------- Q3 2005 1.69 -------------------------- Q4 2005 1.84 -------------------------- Q1 2006 1.70 -------------------------- Q2 2006 1.68 -------------------------- Q3 2006 1.50 -------------------------- Q4 2006 1.21 -------------------------- Q1 2007 1.37 -------------------------- Q2 2007 1.53 -------------------------- Q3 2007 1.70 -------------------------- Q4 2007 1.88 --------------------------
Sample 1

Related to Fixed Charge Coverage Covenant

  • Fixed Charge Coverage 45 SECTION 5.10.

  • 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.

  • 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.

  • 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 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.

  • 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 Borrower shall maintain as of the last day of any fiscal quarter a Debt Service Coverage Ratio of not less than 1.25 to 1.00 for the period of four consecutive fiscal quarters then ended on such day.

  • Minimum Debt Service Coverage Ratio Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers will not permit the Debt Service Coverage Ratio to be less than 1.25 to 1.00.

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