Common use of Fixed Charge Coverage Ratio Calculation; Applicable Interest Rate Margin Clause in Contracts

Fixed Charge Coverage Ratio Calculation; Applicable Interest Rate Margin. Borrowers’ and their Subsidiaries Fixed Charge Coverage Ratio, measured on a trailing twelve-month basis for the month ended [______________, 201_], was [___]:1.0, which means that as of the date of determination, the Interest Rate Margin is as set forth in Level [I/II] of the following table: Level Fixed Charge Coverage Ratio Calculation Interest Rate Margin I If the Fixed Charge Coverage Ratio is less 1.5:1.0 3% II If the Fixed Charge Coverage Ratio is equal to or greater than 1.5:1.0 2.50%

Appears in 1 contract

Samples: Credit and Security Agreement (StarTek, Inc.)

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Fixed Charge Coverage Ratio Calculation; Applicable Interest Rate Margin. Borrowers’ and their Subsidiaries Fixed Charge Coverage Ratio, measured on a trailing twelve-month basis for the month ended [______________, 201_], was [___]:1.0, which means that as of the date of determination, the Interest Rate Margin is as set forth in Level [I/II] of the following table: Level Fixed Charge Coverage Ratio Calculation Interest Rate Margin I If the Fixed Charge Coverage Ratio is less 1.5:1.0 3% II If the Fixed Charge Coverage Ratio is equal to or greater than 1.5:1.0 2.50%% Exhibit A – Schedule 1-2 EXHIBIT E Schedule 5.26 (a) TO INFORMATION CERTIFICATE Owned Real Estate

Appears in 1 contract

Samples: Credit and Security Agreement (StarTek, Inc.)

Fixed Charge Coverage Ratio Calculation; Applicable Interest Rate Margin. Borrowers’ and their Subsidiaries Fixed Charge Coverage Ratio, measured on a trailing twelve-month basis for the month ended [______________, 201_], was [___]:1.0, which {Z0026725/1 } Exhibit A – Schedule 1-2 means that as of the date of determination, the Interest Rate Margin is as set forth in Level [I/II] of the following table: Level Fixed Charge Coverage Ratio Calculation Interest Rate Margin I If the Fixed Charge Coverage Ratio is less 1.5:1.0 3% II If the Fixed Charge Coverage Ratio is equal to or greater than 1.5:1.0 2.50%

Appears in 1 contract

Samples: Credit and Security Agreement (StarTek, Inc.)

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Fixed Charge Coverage Ratio Calculation; Applicable Interest Rate Margin. Borrowers’ and their Subsidiaries Subsidiaries’ Fixed Charge Coverage Ratio, measured on a trailing twelve-month basis for the month ended [______________, 201_], was [___]:1.0, which means that as of the date of determination, the Interest Rate Margin is as set forth in Level [I/II] of the following table: {Z0030334/1 } Exhibit A – Schedule 1-2 Level Fixed Charge Coverage Ratio Calculation Interest Rate Margin I If the Fixed Charge Coverage Ratio is less 1.5:1.0 3% II If the Fixed Charge Coverage Ratio is equal to or greater than 1.5:1.0 2.50%

Appears in 1 contract

Samples: Credit and Security Agreement (StarTek, Inc.)

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