Common use of Fixed Charge Coverage Ratio Calculation Clause in Contracts

Fixed Charge Coverage Ratio Calculation. (a) EBITDA $______________ (b) Capital Expenditure Reserve $______________ (attach quarterly average calculation) (c) (a) - (b) $______________ (d) Principal paid and due and payable plus Interest $______________ Expense plus cash dividends on preferred stock (e) Fixed Charge Coverage Ratio ((c) to (d))(3) _______ : 1.00

Fixed Charge Coverage Ratio Calculation. (a) Borrower's EBITDA $______________ (b) Unit Capital Expenditure Reserve Expenditures $______________ (attach quarterly average calculation) (c) (a) - (b) $______________ (d) Principal paid and due and payable payable, plus Interest Expense, $______________ Expense plus cash dividends amounts paid and payable on preferred stock (e) Fixed Charge Coverage Ratio ((c) to (d))(3d)) _______ : 1.001.0 (must be not less than 1.40: 1.0)

Fixed Charge Coverage Ratio Calculation. (a) EBITDA $______________ (b) Capital Expenditure Reserve $______________ (attach quarterly average calculation) (c) (a) - (b) $______________ (d) Principal paid and due and payable plus Interest Expense $______________ Expense plus cash dividends on preferred stock (e) Fixed Charge Coverage Ratio ((c) to (d))(3) _______ : 1.00

Fixed Charge Coverage Ratio Calculation. (a) Borrower's EBITDA $______________ (b) Unit Capital Expenditure Reserve Expenditures $______________ (attach quarterly daily average calculation) (c) (a) - (b) $______________ (d) Principal paid and due and payable payable, plus Interest Expense, $______________ Expense plus cash dividends amounts paid and payable on preferred stock (e) Fixed Charge Coverage Ratio ((c) to (d))(3d)) _______ : 1.001.0 (must be not less than 1.40: 1.0)