Fixed Charge Coverage Ratio Definition Sample Clauses

Fixed Charge Coverage Ratio Definition. The definition of "Fixed Charge Coverage Ratio" in Section 11.1 of the Current Credit Agreement is deleted in its entirety and replaced with the following:
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Fixed Charge Coverage Ratio Definition. Clause (a)(i) of the definition ofFixed Charge Coverage Ratio” in Section 1.01 of the Financing Agreement is hereby amended and restated in its entirety as follows:
Fixed Charge Coverage Ratio Definition. In order to provide greater flexibility to the Borrowers for the period commencing on October 1, 1998 and ending December 30, 1999, the definition of "Fixed Charge Coverage Ratio" in Section 11.1 of the Existing Credit Agreement is amended by adding the following two sentences at the end thereof: Notwithstanding the foregoing, for calculations of the Fixed Charge Coverage Ratio with respect to the period commencing October 1, 1998 and ending December 30, 1999, there shall not be added to the denominator "principal payments scheduled or required to be made on Total Funded Indebtedness for the four fiscal quarters ending on, or most recently prior to, such date of determination". For calculations made with respect to any period ending after December 30, 1999, the calculation shall be made without regard to the adjustment set forth in the preceding sentence.

Related to Fixed Charge Coverage Ratio Definition

  • 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.

  • 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 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.

  • 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.

  • Fixed Charge Coverage 45 SECTION 5.10.

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

  • 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.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

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