Common use of Fixed Charge Coverage Ratio Clause in Contracts

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3.

Appears in 3 contracts

Samples: www.sec.gov, Conifer Holdings, Inc., Conifer Holdings, Inc.

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Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter of the Company ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than 1.25 (i) 1.10 to 1.0. 11.31.00 for the fiscal quarters ending December 31, 2018 and Xxxxx 00, 0000, (xx) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 3 contracts

Samples: , and Security Agreement (Vital Farms, Inc.), , and Security Agreement (Vital Farms, Inc.), , and Security Agreement (Vital Farms, Inc.)

Fixed Charge Coverage Ratio. Commencing Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio, for the four consecutive fiscal quarter period ending March 31, 2018, maintain as of the end of each fiscal quarter of end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the Company a Fixed Charge Coverage Ratio of not less than 1.25 fiscal year 2009 and (ii) 1.20 to 1.0. 11.31.0 for each fiscal quarter thereafter.

Appears in 3 contracts

Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

Fixed Charge Coverage Ratio. Commencing with Permit or suffer the fiscal quarter ending March 31, 2018, maintain Fixed Charge Coverage Ratio determined as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio Company, commencing with the fiscal quarter ending September 30, 1997, for the period of not four fiscal quarters then ended, to be less than 1.25 (i) 1.45 to 1.0. 11.31.0 as of the end of any fiscal quarter of the Company ending on or before March 31, 1998 or (ii) 1.60 to 1.0 as of the end of any fiscal quarter thereafter.

Appears in 3 contracts

Samples: Security Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarter of Fiscal Quarter for the Company a Fixed Charge Coverage Ratio Test Period then ended, beginning with the Fiscal Quarter ending March 31, 2015 of not less than (i) 1.25 to 1.0. 11.31 prior to the payment of any dividend and (ii) 1.0 to 1 after giving effect to any dividends.

Appears in 2 contracts

Samples: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Fixed Charge Coverage Ratio. Commencing with Maintain a consolidated Fixed Charge Coverage Ratio of not less than 1.2 to 1.00. For purposes of this Agreement, the fiscal quarter ending March 31, 2018, maintain Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter of Borrower for the Company a Fixed Charge Coverage Ratio four fiscal quarter period most recently ended, commencing with the fiscal quarter of not less than 1.25 to 1.0. 11.3ending as of March 31, 2023.

Appears in 2 contracts

Samples: Credit Agreement (Ashford Inc.), Credit Agreement (Ashford Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrower will maintain, 2018, maintain as of the end of each fiscal quarter of Fiscal Quarter, commencing with the Company Fiscal Quarter ending June 30, 2008, a Fixed Charge Coverage Ratio of not less than 1.25 the following: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or 1.15:1.0 prior to 1.0. 11.3.June 30, 2008 The Fiscal Quarter ending on September 30, 2008 1.20:1.0 Each Fiscal Quarter ending thereafter 1.50:1.0

Appears in 2 contracts

Samples: Revolving Credit Agreement (Landamerica Financial Group Inc), Revolving Credit Agreement (Landamerica Financial Group Inc)

Fixed Charge Coverage Ratio. Commencing with Permit, for the four consecutive fiscal quarter quarters ending March 31June 30, 20181997 and for each period of four consecutive fiscal quarters ending thereafter, maintain as the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not Borrower, to be less than 1.25 to 1.0. 11.31.00.

Appears in 2 contracts

Samples: Credit Agreement (Phycor Inc/Tn), Revolving Credit Agreement (Phycor Inc/Tn)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31September 30, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3.

Appears in 2 contracts

Samples: Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Fixed Charge Coverage Ratio, 2018, maintain as of the end last day of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less Consolidated Parties, shall be (i) for fiscal quarters ending on or before September 30, 2005, greater than 1.25 or equal to 1.40 to 1.0. 11.3; and (ii) for fiscal quarters ending thereafter, greater than or equal to 1.50 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (U S Restaurant Properties Inc), Term Loan Credit Agreement (U S Restaurant Properties Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end Fiscal Quarter ended December 31, 2008 and continuing as of each fiscal quarter of Fiscal Quarter end through Bank Facility Termination, the Company Borrower shall maintain a minimum Fixed Charge Coverage Ratio of not no less than 1.25 to 1.0. 11.31.00 to be calculated on a cumulative basis with respect to each Fiscal Quarter and the most recently ended three (3) preceding Fiscal Quarters on a rolling four (4) Fiscal Quarter basis.

Appears in 2 contracts

Samples: Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc)

Fixed Charge Coverage Ratio. Commencing At the end of each fiscal quarter commencing with the fiscal quarter ending March 31, 20182014, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.50 to 1.0. 11.3.; and

Appears in 2 contracts

Samples: Loan and Security Agreement (Jive Software, Inc.), Second Loan Modification Agreement (Jive Software, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each any fiscal quarter of quarter, permit the Company a Fixed Charge Coverage Ratio for the period of not four (4) consecutive fiscal quarters ending on such date, to be less than 1.25 or equal to 2.50 to 1.0. 11.3.

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Fixed Charge Coverage Ratio. Commencing The Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter beginning with the fiscal quarter ending March December 31, 20181998, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of shall not be less than 1.25 1.5 to 1.0. 11.3.

Appears in 2 contracts

Samples: Credit Agreement (Pxre Group LTD), Credit Agreement (Pxre Group LTD)

Fixed Charge Coverage Ratio. Commencing with Permit on a consolidated basis the Fixed Charge Coverage Ratio to be less than (i) for the fiscal quarter ending March on or about September 30, 2021, 1.75 to 1.00, and (ii) for the fiscal quarter ending on or about December 31, 20182021 and for each fiscal quarter thereafter, maintain as of 2.00 to 1.00. This ratio will be calculated at the end of each fiscal quarter reporting period, using the results of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3twelve-month period ending with that reporting period.

Appears in 2 contracts

Samples: Credit Agreement (BJs RESTAURANTS INC), Security and Pledge Agreement (BJs RESTAURANTS INC)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March on December 31, 2018, maintain as of the end of 2005 and for each fiscal quarter of the Company thereafter, maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least level 1.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0deliver financial statements, using the results of the four-fiscal quarter period ending with that reporting period. 11.3The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Appears in 2 contracts

Samples: Credit Agreement (Quidel Corp /De/), Credit Agreement (Quidel Corp /De/)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio (for the Loan Parties on a consolidated basis) of not less than 1.25 1.20 to 1.0. 11.31.00 (i) for the fiscal months ending on September 30, 2023, October 31, 2023, and November 30, 2023, as calculated on a fiscal year-to-date basis, and (ii) for the fiscal month ending on December 31, 2023 and each fiscal month thereafter, as calculated for the twelve consecutive fiscal months then ended.

Appears in 2 contracts

Samples: Credit and Security Agreement (1847 Holdings LLC), Credit and Security Agreement (1847 Holdings LLC)

Fixed Charge Coverage Ratio. Commencing with Permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not to be less than 1.25 (a) 1.50 to 1.0. 11.31.00 at the end of any fiscal quarter-end occurring during the period from and including the Effective Date through and including the fourth fiscal quarter of fiscal year 2009, (b) 1.75 to 1.00 at the end of any fiscal quarter-end occurring during the period from and including the first day of the first fiscal quarter of fiscal year 2010 through and including the second fiscal quarter of fiscal year 2010, and (c) 2.25 to 1.00 at the end of any fiscal quarter thereafter.

Appears in 2 contracts

Samples: Note Purchase Agreement (Spartech Corp), Note Purchase Agreement (Spartech Corp)

Fixed Charge Coverage Ratio. Commencing with The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters of Holdings ending during any period set forth below shall not be less than the ratio set forth below opposite such period: Periods Ending Ratio Effective Date through and including the last day of the fiscal quarter ending March 31on or about October 30, 2018, maintain as 2010 2.25 to 1.00 Thereafter through and including the last day of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 ending on or about October 29, 2011 2.50 to 1.0. 11.3.1.00 Thereafter 3.00 to 1.00

Appears in 2 contracts

Samples: Credit Agreement (J C Penney Co Inc), Credit Agreement (J C Penney Co Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain as of the end of each fiscal quarter of the Company quarter, a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Minimum Fixed Charge Coverage Ratio December 31, 2016 and each fiscal quarter ending thereafter through and including the fiscal quarter ending September 30, 2017 1.50 to 1.00 December 31, 2017 and each fiscal quarter ending thereafter 1.25 to 1.0. 11.3.1.00

Appears in 2 contracts

Samples: Security Agreement (Quantum Corp /De/), Assignment Agreement (Quantum Corp /De/)

Fixed Charge Coverage Ratio. Commencing with Permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Consolidated Fixed Charge Coverage Ratio for any period of not four consecutive fiscal quarters to be less than 1.25 (a) 1.20 to 1.01.00 for the four fiscal quarters ended on June 30, 1999 and (b) 1.50 to 1.00 for the four fiscal quarters ended on the last day of any fiscal quarter occurring from and after June 30, 1999. 11.3With respect to months that end on or before January 31, 1999, the relevant components of the forgoing ratio shall be calculated on a pro forma basis.

Appears in 1 contract

Samples: Credit Agreement (Health Risk Management Inc /Mn/)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Fixed Charge Coverage Ratio, 2018, maintain as of the end last day of each fiscal quarter of the Company a Fixed Charge Coverage Borrower occurring during the periods indicated below, shall be greater than or equal to the following: Fiscal Quarter Ending Required Ratio of not less than September 30, 2005 through December 31, 2007 1.10 to 1.00 Thereafter 1.25 to 1.0. 11.3.1.00

Appears in 1 contract

Samples: Credit Agreement (Glenayre Technologies Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as Maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least 1.25:1.0. This ratio will be calculated at the end of each fiscal quarter using the results of that fiscal quarter, commencing with the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3fiscal quarter ending June 26, 2009.

Appears in 1 contract

Samples: Credit Agreement (Planar Systems Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain, 2018on a Consolidated basis, maintain (i) as of the end of each its fiscal quarter of ending June 28, 2003, for the Company twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than 1.25 0.75 to 1.0. 11.31.00, and (ii) as of the end of each fiscal quarter thereafter, for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than 1.10 to 1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Mmi Products Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each fiscal quarter of Fiscal Quarter, commencing with the Company a Fiscal Quarter ending September 30, 2020, the Fixed Charge Coverage Ratio of shall not be less than 1.25 1.20 to 1.01.00. 11.3The Fixed Charge Coverage Ratio shall be measured quarterly on a rolling four quarter basis.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Construction Partners, Inc.)

Fixed Charge Coverage Ratio. Commencing with Permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not at any time to be less than 1.25 to 1.0. 11.31.10:1.00 for the four consecutive fiscal quarters ending on January 31, April 30, July 31 and October 31 of each year commencing with January 31, 1996.

Appears in 1 contract

Samples: Credit Agreement (Chock Full O Nuts Corp)

Fixed Charge Coverage Ratio. Commencing with Have a Fixed Charge Coverage Ratio, measured on a quarter-end basis, of at least (i) 1.20:1.00 for the fiscal quarter 12 month period ending March 31, 2018, maintain as of the end of each fiscal quarter if Borrowers’ Average Availability during such fiscal quarter was greater than $15,000,000, or (ii) 1.05:1.00 for the 12 month period ending as of the Company a Fixed Charge Coverage Ratio end of not each fiscal quarter if Borrowers’ Average Availability during such fiscal quarter was less than 1.25 or equal to 1.0. 11.3$15,000,000.

Appears in 1 contract

Samples: Credit Agreement (Erickson Air-Crane Inc.)

Fixed Charge Coverage Ratio. Commencing Have a Fixed Charge Coverage Ratio, measured on a quarter-end basis (beginning with the fiscal quarter ending March 31September 30, 2018), maintain as of at least 1.50 to 1.00 for the end of each four fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3period then ending.

Appears in 1 contract

Samples: Credit Agreement (AerSale Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Fixed Charge Coverage Ratio, 2018, maintain as of the end of each fiscal quarter of quarter, shall be greater than or equal to: (i) From the Company a Fixed Charge Coverage Ratio of not less than 1.25 Effective Date to and including August 31, 1998, 1.10 to 1.0. 11.3; and (ii) From September 1, 1998 and thereafter, 1.20 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain as of the end of each of Borrower's fiscal quarter of the Company quarters, a Fixed Charge Coverage Ratio equal to or greater than 1.75 to 1 for each of not less than 1.25 Borrower's fiscal quarters ending March 31, 2001 through December 31, 2001 and 1.5 to 1.0. 11.31 for each of Borrower's fiscal quarters ending March 31, 2002 and thereafter.

Appears in 1 contract

Samples: Credit Agreement Credit Agreement (Usana Health Sciences Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Fixed Charge Coverage Ratio, 2018, maintain as of the end of each fiscal quarter, commencing with the fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less ending May 31, 2007, shall be greater than 1.25 or equal to 2.0 to 1.0. 11.3.

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrower will maintain, 2018, maintain as of the end of each fiscal quarter of Fiscal Quarter, commencing with the Company Fiscal Quarter ending October 31, 2009, a Fixed Charge Coverage Ratio of not less than 1.25 than: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or prior to 1.0. 11.3.January 31, 2010 1.20:1.00 Each Fiscal Quarter ending after January 31, 2010 1.25:1.00

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Easylink Services International Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a The actual Fixed Charge Coverage Ratio for the period of four Fiscal Quarters most recently ended (the “Reported Period”) is: ___ to 1.0 the Fixed Charge Coverage Ratio is required to be not less than 1.25 than: 1.2 to 1.01.0 * As set forth in Section 6.17(a) of the Credit Agreement. 11.3.The Fixed Charge coverage Ratio of the Reported Period has been calculated as follows:

Appears in 1 contract

Samples: Credit Agreement (Superior Offshore International Inc.)

Fixed Charge Coverage Ratio. Commencing The Fixed Charge Coverage Ratio, as of the last day of each fiscal quarter of the Credit Parties, beginning with the fiscal quarter ending December 31, 2008, shall be greater than or equal to (i) 1.00 to 1.00 for the fiscal quarter ending December 31, 2008, and (ii) 1.25 to 1.00 for the fiscal quarter ending March 31, 20182009, maintain as of the end of and each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3thereafter.

Appears in 1 contract

Samples: Credit Agreement (Edci Holdings, Inc.)

Fixed Charge Coverage Ratio. Commencing with Permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not to be less than 1.25 (a) 1.75 to 1.0. 11.31.00 during the fiscal quarter ended May 1, 2010, (b) 2.25 to 1.00 at the end of any fiscal quarter through and including the third fiscal quarter of 2012 and (c) 1.40 to 1.00 at the end of the fourth fiscal quarter of 2012 and thereafter.

Appears in 1 contract

Samples: Note Purchase Agreement (Spartech Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain at all such times a Fixed Charge Coverage Ratio of not less than 1.25 (i) .75 to 1.0. 11.31.00 for the fiscal quarter ending Xxxxx 00, 0000 (xx) 1.00 to 1.00 for the last two fiscal quarters ending June 30, 2001, (iii) 1.00 to 1.00 for the last three fiscal quarters ending September 30, 2001 and (iv) commencing with the fiscal quarter ending December 31, 2001, 1.00 to 1.00, to be tested on a rolling four quarter basis at the end of each fiscal quarter.

Appears in 1 contract

Samples: Philipp Brothers Chemicals Inc

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31June 30, 20182023, maintain and each fiscal quarter thereafter, the Borrower will maintain, on a consolidated basis, calculated as of the end last day of each fiscal quarter of the Company quarter, a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.31.20 : 1.00, measured on a trailing twelve-month basis.

Appears in 1 contract

Samples: Credit Agreement (Issuer Direct Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 1.0 to 1.0. 11.3, calculated on a quarterly basis at the end of each Fiscal Quarter for the immediately preceding 4 Fiscal Quarters, commencing with the Fiscal Quarter ending on September 8, 2001.

Appears in 1 contract

Samples: Loan and Security Agreement (Toms Foods Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018On a consolidated basis, maintain a Fixed Charge Coverage Ratio, as of the end of each fiscal quarter Fiscal Quarter, commencing as of the Company a Fixed Charge Coverage Fiscal Quarter ending December 30, 2012, of greater than or equal to the following: Period Ratio of not less than For the Fiscal Quarter ending December 30, 2012 1.00 to 1.00 For the Fiscal Quarter ending March 31, 2013 and for each Fiscal Quarter thereafter 1.25 to 1.0. 11.3.1.00

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Fixed Charge Coverage Ratio. Commencing with Have at the end of each of the fiscal quarter quarters ending March 31April 4, 20181998, maintain July 4, 1998 and October 3, 1998 a year-to-date Fixed Charge Ratio as of the end of each the applicable fiscal quarter equal to or greater than 1.25 to 1. Have at the end of each other fiscal quarter within the Company Original Term, a Fixed Charge Coverage Ratio of not less for the twelve consecutive months then ended equal to or greater than 1.25 to 1.0. 11.31.

Appears in 1 contract

Samples: Loan and Security Agreement (Morgan Products LTD)

Fixed Charge Coverage Ratio. Commencing As of the last day of any fiscal quarter of the Company commencing with the fiscal quarter ending March 3129, 20182003, maintain as of permit the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio for the period of not four consecutive fiscal quarters ending on such date to be less than 1.25 1.10 to 1.0. 11.31.00.

Appears in 1 contract

Samples: Credit Agreement (Tasty Baking Co)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Fixed Charge Coverage Ratio, 2018, maintain calculated as of the end last day of each fiscal quarter quarter, shall be greater than or equal to (i) 1.20 to 1.00 from the Closing Date through and including the Second Quarter of 2013 and (ii) 1.30 to 1.00 from the Company a Fixed Charge Coverage Ratio Third Quarter of not less than 1.25 to 1.0. 11.32013 and thereafter.

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain, 2018on a Consolidated basis, maintain (i) as of the end of each its fiscal quarter of ending October 1, 2005, for the Company twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than 1.25 1.00 to 1.0. 11.31.00, and (ii) as of the end of each fiscal quarter thereafter, for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than 1.10 to 1.00."

Appears in 1 contract

Samples: Loan and Security Agreement (Mmi Products Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain at all times a Fixed Charge Coverage Ratio, 2018on a consolidated basis, maintain reported as of the end of each fiscal quarter of the Company a Fixed Charge Coverage quarter, equal to or greater than: Applicable Period Ratio of not less than Through 3/31/07 0.65 to 1.00 4/1/07 through 6/30/07 0.55 to 1.00 7/1/07 through 9/29/07 1.10 to 1.00 9/30/07 and thereafter 1.25 to 1.0. 11.3.1.00

Appears in 1 contract

Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter Fiscal Quarter ending March December 31, 20182014, maintain as of at all times a Fixed Charge Coverage Ratio, on a consolidated basis, equal to or greater than the following ratios for the following periods, reported at the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than Fiscal Quarter” 12/26/2014 through and including 3/26/15 > 1.00 to 1.00 3/27/2015 through and including 6/25/2015 > 1.15 to 1.00 6/26/2015 and thereafter > 1.25 to 1.0. 11.3.1.00

Appears in 1 contract

Samples: Credit Facility Agreement (Iec Electronics Corp)

Fixed Charge Coverage Ratio. Commencing with Permit, for the four consecutive fiscal quarter quarters ending March 31, 20181998 and for each four consecutive fiscal quarters ending thereafter, maintain as the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not Borrower, to be less than 1.25 for each such period, 4.75 to 1.0. 11.31.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Phycor Inc/Tn)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March December 31, 2018, maintain 2007 and as of the end of each fiscal quarter of the Company thereafter, cause to be maintained, a Fixed Charge Coverage Ratio of not less than 1.25 1.1 to 1.0. 11.3.

Appears in 1 contract

Samples: Revolving Credit Security Agreement (Compudyne Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter Fiscal Quarter ending March 31September 30, 20182017, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3at least 1.0:1.0, determined as of the last day of each Fiscal Quarter for the trailing four quarter period then ended.

Appears in 1 contract

Samples: Loan and Security Agreement (Wireless Telecom Group Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of At each fiscal quarter of the Company end occurring on and after September 30, 1997, have a Fixed Charge Coverage Ratio of not less greater than 1.25 or equal to 1.0. 11.31.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Video Services Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 20182021, maintain as of the end last day of each fiscal quarter of the Company Borrower, the Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.31.20:1.00.

Appears in 1 contract

Samples: Credit Agreement (Limbach Holdings, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain on a consolidated basis, 2018, maintain as of the end of each fiscal quarter of the Company quarter, a Fixed Charge Coverage Ratio of not less than 1.25 1.50 to 1.01.00. 11.3The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the four fiscal-quarter period ended as of the last day of each fiscal quarter, beginning June 30, 2009, and on the last day of each fiscal quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (RigNet, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March January 31, 20182012, maintain have a Fixed Charge Coverage Ratio, measured on a quarter-end basis, of at least 1.33:1.00 for each 12 month period ending as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3quarter.

Appears in 1 contract

Samples: Credit Agreement (Nevada Gold & Casinos Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31It shall maintain a Fixed Charge Coverage Ratio, 2018, maintain as of measured at the end of each fiscal quarter of the Company Borrower on a Fixed Charge Coverage Ratio rolling four quarters basis, of not less greater than 1.25 or equal to 1.0(a) [DELETION] commencing from and including the fiscal quarter ending June 30, 2021 through to and including the fiscal quarter ending December 31, 2021, and (b) [DELETION] thereafter. 11.3.(3)

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter of the Company ending June 30, 2000, on a rolling twelve (12) month basis, a Fixed Charge Coverage Ratio of not less equal to or greater than 1.25 1.05 to 1.0. 11.3.

Appears in 1 contract

Samples: And Restated Consignment Agreement (Semx Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Cause to be maintained as of the end of each fiscal quarter of the Company quarter, beginning on September 30, 2010, a Fixed Charge Coverage Ratio of not less than 1.25 1.15 to 1.0. 11.3The Fixed Charge Coverage Ratio is calculated as of the last day of each fiscal quarter for the period equal to the four consecutive fiscal quarters then ending.

Appears in 1 contract

Samples: Security Agreement (Sparton Corp)

Fixed Charge Coverage Ratio. Commencing Permit the Fixed Charge Coverage Ratio at the end of any fiscal quarter, commencing with the fiscal quarter ending March 31September 30, 20182010, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not to be less than 1.25 to 1.0. 11.31.25:1.00.

Appears in 1 contract

Samples: Credit Agreement (Medical Action Industries Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of At the end of each fiscal quarter Fiscal Quarter, commencing with the Fiscal Quarter ending April 29, 2000, the ratio of Income Available for Fixed Charges for the Company a period of 4 consecutive Fiscal Quarters then ended to Consolidated Fixed Charge Coverage Ratio Charges for the period of not less 4 consecutive Fiscal Quarters then ended, shall be greater than 1.25 3.0 to 1.0. 11.3.

Appears in 1 contract

Samples: Credit Agreement (La-Z-Boy Inc)

Fixed Charge Coverage Ratio. Commencing with Permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio for any period of not four consecutive Fiscal Quarters ending after the Effective Date and (i) (A) prior to the last day of the third Fiscal Quarter of Fiscal Year 1999 or (B) after the last day of Fiscal Year 1999, to be less than 1.25 1.1 to 1.0. 11.31.0 or (ii) on the last day of the third Fiscal Quarter of Fiscal Year 1999 to be less than .6 to 1 (iii) or on the last day of Fiscal Year 1999, to be less than .5 to 1.

Appears in 1 contract

Samples: Loan and Security Agreement (Cmi Industries Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each fiscal quarter of the Company Fiscal Month, maintain a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.0 to 1.0. 11.31.0 for the period of twelve consecutive Fiscal Months most recently ended.

Appears in 1 contract

Samples: Loan and Security Agreement (Summer Infant, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of At the end of each fiscal quarter of Fiscal Quarter, commencing with the Company a Fiscal Quarter ending April 30, 2001, the Fixed Charge Coverage Ratio of not less for the Fiscal Quarter just ended and the immediately preceding 3 Fiscal Quarters shall be greater than 1.25 1.85 to 1.0. 11.3.

Appears in 1 contract

Samples: Lease Agreement (Krispy Kreme Doughnuts Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31(a) The Borrowers will maintain, 2018, maintain as of the end of each fiscal quarter of Fiscal Quarter, commencing with the Company Fiscal Quarter ending September 30, 2010, a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3: 1.00, and (b) the Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 2011, a Fixed Charge Coverage Ratio of not less than 1.50 : 1.00.

Appears in 1 contract

Samples: Second Loan Documents Modification Agreement (PRGX Global, Inc.)

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Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31June 30, 2018, maintain 2006 and as of the end of each fiscal quarter of the Company thereafter, cause to be maintained, a Fixed Charge Coverage Ratio of not less than 1.25 1.1 to 1.0. 11.3.

Appears in 1 contract

Samples: Credit and Security Agreement (Compudyne Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each fiscal quarter of Fiscal Quarter ending after the Company a Closing Date, commencing with the Fiscal Quarter ending December 31, 2013, the Fixed Charge Coverage Ratio of not less than for the trailing four Fiscal Quarters then ending shall equal or exceed 1.25 to 1.0. 11.31.00.

Appears in 1 contract

Samples: Credit Agreement (American CyberSystems Inc)

Fixed Charge Coverage Ratio. Commencing with Maintain a consolidated Fixed Charge Coverage Ratio of not less than 1.2 to 1.00. For purposes of this Agreement, the fiscal quarter ending March 31, 2018, maintain Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter of Borrower for the Company a Fixed Charge Coverage Ratio four fiscal quarter period most recently ended, commencing with the fiscal quarter of not less than 1.25 to 1.0. 11.3ending as of June 30, 2022.

Appears in 1 contract

Samples: Loan Documents (Ashford Inc.)

Fixed Charge Coverage Ratio. Commencing Beginning with the fiscal quarter ending March 31September 30, 20182012, maintain and at all times thereafter, the Fixed Charge Coverage Ratio may not at any time be less than 1.25 to 1.00. The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the four fiscal-quarter period ending as of the end last day of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3Borrower.

Appears in 1 contract

Samples: Credit Agreement (Vertex Energy Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain at all times a Fixed Charge Coverage Ratio of not less than 1.25 1.05 to 1.0. 11.31.0 as of the end of each fiscal quarter, calculated on a rolling four-quarter basis commencing with the four-quarter period ending September 30, 1999.

Appears in 1 contract

Samples: Security Agreement (HMG Worldwide Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrower and its Subsidiaries will have, 2018, maintain as of the end of each fiscal quarter of the Company Borrower, commencing with the fiscal quarter ending September 30, 2001, a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.32.50:1.0, calculated on a rolling four- quarter basis and determined in accordance with GAAP.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Fpic Insurance Group Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March December 31, 20182003, maintain as of and at the end of each fiscal quarter of the Company thereafter, Borrowers on a consolidated basis shall maintain a Fixed Charge Coverage Ratio Ratio, as calculated at the end of each fiscal quarter for the four fiscal quarters then ended, of not less than 1.25 1.05 to 1.0. 11.31.00.

Appears in 1 contract

Samples: Security Agreement (Lesco Inc/Oh)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 (a) 1.10 to 1.0. 11.31.00 for the period of four (4) consecutive fiscal quarters ending September 30, 2004, (b) 1.00 to 1.00 for each rolling period of four (4) consecutive fiscal quarters ending December 31, 2004 and March 31, 2005, and (c) thereafter, 1.10 to 1.00 for each rolling period of four (4) consecutive fiscal quarters."

Appears in 1 contract

Samples: Loan and Security Agreement (PVC Container Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.0 to 1.0. 11.3as of the end of any Fiscal Quarter commencing with the Fiscal Quarter ending March 31, 2010.

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio at each fiscal quarter end of not less than 1.25 to 1.0. 11.31.05:1.00 for (i) the two fiscal quarters ending June 30, 2003, (ii) the three fiscal quarters ending September 30, 2003, and (iii) thereafter, the four fiscal quarters then ended.

Appears in 1 contract

Samples: Security Agreement (Comforce Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31It shall maintain a Fixed Charge Coverage Ratio, 2018, maintain as of measured at the end of each fiscal quarter of the Company Borrower on a Fixed Charge Coverage Ratio rolling four quarters basis, of not less greater than 1.25 or equal to 1.0. 11.3(a) [DELETION] commencing from and including the fiscal quarter ending June 30, 2021 through to and including the fiscal quarter ending December 31, 2021, and (b) [DELETION] thereafter.

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.31.05:1.00, commencing with the fiscal quarter ended March 31, 2005.

Appears in 1 contract

Samples: Credit Agreement (Landrys Restaurants Inc)

Fixed Charge Coverage Ratio. Commencing with Permit, for the four consecutive fiscal quarter quarters ending March 31September 30, 20181996 and for each period of four consecutive fiscal quarters ending thereafter, maintain as the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not Borrower, to be less than 1.25 to 1.0. 11.31.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Phycor Inc/Tn)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.15 to 1.0. 11.31.00 at the end of each Fiscal Quarter commencing with the Fiscal Quarter ending September 30, 2010.

Appears in 1 contract

Samples: Loan and Security Agreement (South Texas Supply Company, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a The Fixed Charge Coverage Ratio of not less Ratio, calculated for the Fiscal Quarter (or Fiscal Month) just ended and the immediately preceding three Fiscal Quarters (or 11 Fiscal Months), will be equal to or greater than 1.25 1.4 to 1.0. 11.3.

Appears in 1 contract

Samples: Credit and Security Agreement (Commscope Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31June 30, 20181999 and at all times thereafter, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 1.20 to 1.0. 11.31.00, tested as of the last day of each of the Borrower's fiscal quarters for the four (4) quarter period ending on that date.

Appears in 1 contract

Samples: Financing and Security Agreement (Versar Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter month ending March 31November 4, 2018, maintain 2023 and as of the end of each fiscal quarter of the Company month thereafter have a Fixed Charge Coverage Ratio Ratio, measured on a fiscal month-end basis for the immediately preceding twelve (12) consecutive fiscal months, of not less than 1.25 1.00 to 1.0. 11.31.00.

Appears in 1 contract

Samples: Credit Agreement (Delta Apparel, Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3at least 0.55:1.0 for the fiscal quarter ending December 28, 2007, and at least 0.73:1.0 for the two fiscal quarter period ending March 28, 2008, and at least 1.0:1.0 for the three fiscal quarter period ending June 27, 2008, and at least 1.15:1.0 for the four fiscal quarter period ending September 26, 2008.

Appears in 1 contract

Samples: Waiver and Fourth Amendment (Planar Systems Inc)

Fixed Charge Coverage Ratio. Commencing Beginning with Computation Period relating to the fiscal quarter Fiscal Quarter ending on March 31, 20182008 and thereafter for each Computation Period relating to each Fiscal Quarter ending thereafter, maintain as of not permit the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio (calculated as of not the last day of each Fiscal Quarter) to be less than 1.25 to 1.0. 11.31.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each fiscal quarter of the Company quarter, there shall be maintained a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.3.at least: through the end of the fiscal year ending in February, 1999 1.15:1.0 thereafter 1.25:1.0

Appears in 1 contract

Samples: Heilig Meyers Co

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31on June 30, 20182015, maintain as of the end of each fiscal quarter of the Company cause to be maintained, a Fixed Charge Coverage Ratio of not less than 1.25 1.10 to 1.0. 11.31.00 as of the last day of each fiscal quarter for the four (4) fiscal quarter period then ending.

Appears in 1 contract

Samples: Loan and Security Agreement (Flotek Industries Inc/Cn/)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, The Borrower shall maintain as of a Fixed Charge Coverage Ratio (tested at the end of each fiscal quarter of for the Company a Fixed Charge Coverage Ratio four fiscal quarters then ended) of not less than 1.25 than: (i) 1.10 to 1.0. 11.31.00 beginning with the fiscal quarter ending September 30, 2001 through the fiscal quarter ending on March 31, 2005 and (ii) 0.75 to 1.00 for each fiscal quarter beginning with the fiscal quarter ending June 30, 2005 and thereafter."

Appears in 1 contract

Samples: Credit Agreement (Home Interiors & Gifts Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each fiscal quarter, commencing with the fiscal quarter of the Company a ending September 30, 2013, maintain its Fixed Charge Coverage Ratio of at not less than 1.25 to 1.0. 11.31.25:1.00.

Appears in 1 contract

Samples: Credit Agreement (Ballast Point Brewing & Spirits, Inc.)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrower and its Subsidiaries shall maintain on a consolidated basis, 2018, maintain as of the end of each fiscal quarter of Fiscal Quarter, commencing with the Company Fiscal Quarter ending September 30, 2005, a Fixed Charge Coverage Ratio of not less than 1.25 than: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or 1.50:1.0 prior to 1.0. 11.3March 31, 2007 Each Fiscal Quarter ending after 1.15:1.0 March 31, 2007 and on or prior to December 31, 2008 Each Fiscal Quarter ending after 1.50:1.0 December 31, 2008.

Appears in 1 contract

Samples: Revolving Credit Agreement (Haverty Furniture Companies Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain quarterly a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.31.00, measured as follows: commencing with the fiscal quarter ending June 30, 2005, as of each fiscal quarter on a trailing four quarter basis.

Appears in 1 contract

Samples: Credit and Security Agreement (Input Output Inc)

Fixed Charge Coverage Ratio. Commencing with the Company’s fiscal quarter ending March 31, 2018, maintain as of the end of ended September 2015 and for each fiscal quarter of thereafter, permit the Company a Fixed Charge Coverage Ratio as of not the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0. 11.3.

Appears in 1 contract

Samples: Apollo Medical Holdings, Inc.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, The Borrowers will maintain a Fixed Charge Coverage Ratio of at least (a) 1.15 to 1.0 as of the end of each fiscal quarter ending in 1997 and 1998, (b) 1.20 to 1.0 as of the Company a Fixed Charge Coverage Ratio end of not less than each fiscal quarter ending in 1999 and 2000 and (c) 1.25 to 1.0. 11.31.0 as of the end of each fiscal quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Venture Service Co)

Fixed Charge Coverage Ratio. Commencing with With respect to the fiscal quarter quarters ending on the dates set forth below, maintain a Fixed Charged Coverage Ratio in a proportion not less than that set forth below opposite each such fiscal quarter: Fiscal Quarter Ratio June 30, 2000 > 1.15 to 1.00 - September 30, 2000 > 1.40 to 1.00 - December 31, 2000 > 1.65 to 1.00 - March 31, 2018, maintain as of the end of 2001 and each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 thereafter > 1.75 to 1.0. 11.3.1.00 -

Appears in 1 contract

Samples: Credit Agreement (Gp Strategies Corp)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of At the end of each fiscal quarter of Fiscal Quarter, beginning with the Company a Fiscal Quarter ending December 31, 2008, the Company's Fixed Charge Coverage Ratio of for the Fiscal Quarter then ended shall not be less than 1.25 (a) for Fiscal Quarter ending on December 31, 2008, 1.00 to 1.0. 11.31.00, and (b) for each Fiscal Quarter ending thereafter, 1.20 to 1.00.

Appears in 1 contract

Samples: National Coal Corp

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31September 30, 20182008, maintain as of the end of each fiscal quarter of the Company have a Fixed Charge Coverage Ratio Ratio, measured on a fiscal quarter-end basis for the period of not four fiscal quarters then ending, of less than 1.25 to 1.0. 11.3.the required amount set forth in the following table for any fiscal quarter ending during the applicable period set forth opposite thereto:

Appears in 1 contract

Samples: Credit Agreement (Princeton Review Inc)

Fixed Charge Coverage Ratio. Commencing with At any time permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio for any period of not four consecutive fiscal quarters to be less than 1.25 1.20 to 1.0. 11.31.00 for the four fiscal quarters ended on March 31, 2000 and for the four fiscal quarters ended on the last day of any fiscal quarter occurring thereafter.

Appears in 1 contract

Samples: Credit Agreement (Health Risk Management Inc /Mn/)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain as of the end of each fiscal quarter of (commencing with the Company fiscal quarter ending December 31, 2021 but excluding the fiscal quarter ending March 31, 2022), a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than 1.25 to 1.0. 11.31.00: 1.00 for the four (4) consecutive fiscal quarter period then ended.

Appears in 1 contract

Samples: Credit and Security Agreement (Quantum Corp /De/)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as As of the end of each fiscal quarter of the Company quarter, there shall be maintained a Fixed Charge Coverage Ratio of not less than 1.25 at least: For fiscal quarters ending prior to 1.0. 11.3.May 31, 1996 1.5:1.0 From the fiscal quarter ending May 31, 1996 through the fiscal quarter ending February 28, 1998 1.25:1.0 For fiscal quarters ending after February 28, 1998 1.5:1.0

Appears in 1 contract

Samples: Credit Agreement (Heilig Meyers Co)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.0 to 1.0. 11.31.0 for each period of four Fiscal Quarters, commencing with the period of four Fiscal Quarters ending March 31, 2017.

Appears in 1 contract

Samples: Loan and Security Agreement (Nortech Systems Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain as of the end of each fiscal quarter of (commencing with the Company fiscal quarter ending December 31, 2021 but excluding the fiscal quarter ending March 31, 20222025), a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than 1.25 to 1.0. 11.31.00: 1.00 for the four (4) consecutive fiscal quarter period then ended.

Appears in 1 contract

Samples: Credit and Security Agreement (Quantum Corp /De/)

Fixed Charge Coverage Ratio. Commencing with the Borrower’s fiscal quarter ending March 31, 2018, maintain as of the end of ended September 2015 and for each fiscal quarter of thereafter, permit the Company a Fixed Charge Coverage Ratio as of not the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0. 11.3.

Appears in 1 contract

Samples: Credit Agreement (Apollo Medical Holdings, Inc.)

Fixed Charge Coverage Ratio. Commencing with The Borrower will not permit the fiscal quarter ending March 31Fixed Charge Coverage Ratio to be less than the 1.1 to 1.0, 2018, maintain measured as of the end of each fiscal Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2009, for the four-quarter period then ended; provided, however, that if Excess Availability exceeds $35,000,000, measurement of the Company a Fixed Charge Coverage Ratio shall be made as of not less than 1.25 to 1.0. 11.3the end of each Fiscal Year.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Company will, 2018on a consolidated basis, maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarter Fiscal Quarter, commencing with the Fiscal Quarter ending December 30, 2012, of greater than or equal to the Company a Fixed Charge Coverage following: Fiscal Quarter Ending Ratio of not less than For the Fiscal Quarter ending December 30, 2012 1.00 to 1.00 For the Fiscal Quarter ending March 31, 2013 and for each Fiscal Quarter thereafter 1.25 to 1.0. 11.3.1.00

Appears in 1 contract

Samples: Note Purchase (Checkpoint Systems Inc)

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrower and its Subsidiaries will have, 2018, maintain as of the end of each fiscal quarter of the Company Borrower, commencing with the fiscal quarter ending September 30, 2001, a Fixed Charge Coverage Ratio of not less than 1.25 than: Fiscal Quarter Required Ratio The fiscal quarters ending on September 30, 2001 and December 31, 2001 2.50:1.0 Each fiscal quarter ending after December 31, 2001 and on or prior to 1.0. 11.3December 31, 2002 2.00:1.0 Each fiscal quarter ending after December 31, 2002 2.25:1.0 in each case, calculated on a rolling four-quarter basis and determined in accordance with GAAP.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Fpic Insurance Group Inc)

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