Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.
Appears in 3 contracts
Samples: Revolving Credit and Term Loan Agreement (Fox Factory Holding Corp), Revolving Credit Agreement (Fox Factory Holding Corp), Revolving Credit Agreement (Fox Factory Holding Corp)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132006, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25:1.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Newmarket Corp), Revolving Credit Agreement (Newmarket Corp)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio to be less than 1.10 to 1.0. The Borrowers will maintain, as of Loan Parties’ compliance with this Section 8.16 shall be calculated at the end of each Fiscal Quarterfiscal quarter, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 2013, a Fixed Charge Coverage Ratio of not less than 1.50:1.002009.
Appears in 2 contracts
Samples: Credit Agreement (North American Galvanizing & Coatings Inc), Credit Agreement (North American Galvanizing & Coatings Inc)
Fixed Charge Coverage Ratio. The Borrowers will maintainBeginning December 31, 2006, Borrower shall maintain a minimum Fixed Charge Coverage Ratio, measured quarterly as of the end of each Fiscal QuarterQuarter on a rolling four quarter basis, commencing with the Fiscal Quarter ending on September 30, 2013, a Fixed Charge Coverage Ratio of not no less than 1.50:1.002.0 to 1.0.
Appears in 2 contracts
Samples: Loan and Security Agreement (Seven Arts Pictures PLC), Loan and Security Agreement (Seven Arts Pictures PLC)
Fixed Charge Coverage Ratio. The Borrowers will Borrower shall maintain, as of the end last date of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132018, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.10 to 1.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Flat Rock Core Income Fund), Loan and Security Agreement (Flat Rock Capital Corp.)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132003, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25:1.0.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132007, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.35 to 1.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Stanley, Inc.), Revolving Credit and Term Loan Agreement (Stanley, Inc.)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132009, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50 : 1.00.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (PRGX Global, Inc.), Revolving Credit and Term Loan Agreement (PRGX Global, Inc.)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30March 31, 20132008, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50 to 1.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, Quarter (commencing with the Fiscal Quarter ending on September 30December 31, 20132014), but excluding any such Fiscal Quarter as to which the Financial Covenant Compliance Trigger has not been satisfied, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50 : 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of At the end of each Fiscal Quarterfiscal quarter of Borrowers, commencing with the Fiscal Quarter fiscal quarter ending on September 30July 31, 2013, Borrowers shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.10 to 1.00 for the twelve-month period then ending.
Appears in 1 contract
Samples: Loan and Security Agreement (Lakeland Industries Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower and it Subsidiaries will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September June 30, 20132001, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.0:1.0, calculated on a rolling four-quarter basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132015, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25:1.00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (RadNet, Inc.)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of maintain a Fixed Charge Coverage Ratio at the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, a Fixed Charge Coverage Ratio of not less than 1.50:1.00(a) 1.35 to 1.00 for the period beginning September 30, 2002 through and including December 31, 2003, and (b) 1.40 to 1.00 thereafter.
Appears in 1 contract
Samples: Credit Agreement (Ezcorp Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower, Holdings and International will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132007, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25:1.00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (FGX International Holdings LTD)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132004, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.50:1:00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September April 30, 20132012, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50 to 1.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (JTH Holding, Inc.)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, tested as of the end of each Fiscal Quarter, commencing with fiscal quarter for the Fiscal Quarter quarter then ending on September 30, 2013and the three (3) immediately preceding quarters, a Fixed Charge Coverage Ratio of equal to not less than 1.50:1.002.25 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132016, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Fox Factory Holding Corp)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of --------------------------- the end of each Fiscal Quarter, fiscal quarter commencing with the Fiscal Quarter fiscal quarter ending on September 30December 31, 20132002, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25 to 1.00.
Appears in 1 contract
Samples: Loan Agreement (Pizza Inn Inc /Mo/)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as of --------------------------- the end of each Fiscal QuarterQuarter of the Borrower, commencing with the Fiscal Quarter ending on September June 30, 20132001, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.50 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Certegy Inc)
Fixed Charge Coverage Ratio. The Borrowers will maintainCommencing with the fiscal quarter ending March 31, 2023, as of the end last day of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter ending on September 30, 2013, Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.20:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintainBorrower's Fixed Charge Coverage Ratio, as of at the end of each Fiscal Quarter, commencing beginning with the Fiscal Quarter ending on September June 30, 20131998, a Fixed Charge Coverage Ratio of shall not be less than 1.50:1.001.1:1.0.
Appears in 1 contract
Samples: Credit Agreement (Education Management Corporation)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 2013, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.05 : 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 20132004, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.0:1.0, calculated based on a rolling four quarter basis.
Appears in 1 contract
Samples: Revolving Credit Agreement (Patriot Transportation Holding Inc)
Fixed Charge Coverage Ratio. The Borrowers will Borrower and its Subsidiaries shall maintain, as of the end last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132014, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.00 to 1:00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Aaron's Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132008, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.15:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 20132001, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.0:1.0, calculated based on a rolling four quarter basis.
Appears in 1 contract
Samples: Revolving Credit Agreement (Patriot Transportation Holding Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30March 31, 20132012, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.2.00:1.00
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Exactech Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September April 30, 20132008, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.2.00:1.00
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintainBeginning with the first full Fiscal Quarter ending after the Effective Date, as the Parent and each Borrower shall maintain a minimum Fixed Charge Coverage Ratio of at least 1.50:1.00 at the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, a Permit Borrower's Fixed Charge Coverage Ratio of not for the fiscal quarter ending June 30, 2003 and each fiscal quarter thereafter to be less than 1.50:1.001.00 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132018, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25:1.00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (RadNet, Inc.)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25 to 1.0, beginning with the fiscal quarter of Borrowers ending June 30, 2023. This ratio shall be calculated at the end of each fiscal quarter of Borrowers using the results of the twelve-month period ending with such fiscal quarter end.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of At the end of each Fiscal Quarterfiscal quarter of Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30December 31, 20132012, Borrower shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.10 to 1.00 for the period of 4 fiscal quarters then ending.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Environmental Recycling Technologies Inc)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing Commencing with the Fiscal Quarter ending on Borrower’s fiscal quarter ended September 302015 and for each fiscal quarter thereafter, 2013, a permit the Fixed Charge Coverage Ratio as of not the last day of the fiscal quarter then ended, to be less than 1.50:1.001.25 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132015, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.0:1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will Borrower and its Subsidiaries shall maintain, as of the end last day of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 20132003, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.5:1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of Borrower shall have for each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30or after February 28, 20131999, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25 to 1.0.
Appears in 1 contract
Samples: Loan Agreement (Immucor Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30December 31, 20132015, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30March 31, 2013, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25 to 1.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as As of the end of each Fiscal Quarterfiscal quarter, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 2013, a maintain its Fixed Charge Coverage Ratio of at not less than 1.50:1.001.25:1.00.
Appears in 1 contract
Samples: Credit Agreement (Ballast Point Brewing & Spirits, Inc.)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30March 31, 20132015, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Dakota Plains Holdings, Inc.)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30October 31, 20132009, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.than: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or prior to 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. The Borrowers Borrower and its Subsidiaries will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending May 31, 2002 and on September 30, 2013each fiscal quarter thereafter, a Fixed Charge Coverage Ratio of not less than 1.50:1.003.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 2013after the Closing Date, a Fixed Charge Coverage Ratio of not less than 1.50:1.00at least 1.75 to 1.0.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (American Healthways Inc)
Fixed Charge Coverage Ratio. (a) The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132010, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25 : 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.”
B. By deleting Section 6.3 in its entirety and replacing it with the following:
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, As determined as of the end of each Fiscal Quarterfiscal quarter of the Borrower ending after the Closing Date, commencing with the Fiscal Quarter ending on September 30, 2013, a Fixed Charge Coverage Ratio of shall be not less than 1.50:1.001.30 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintainBorrower and its Subsidiaries shall maintain on a consolidated basis, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132005, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (Haverty Furniture Companies Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as --------------------------- of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September June 30, 20132001, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.50 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of At the end of each Fiscal Quarterfiscal quarter of Borrower, commencing with the Fiscal Quarter first fiscal quarter ending on September 30after the Closing Date, 2013, Borrower shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.00.(i) 0.75 to 1.00 for the
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, Borrower must maintain a Fixed Charge Coverage Ratio of not no less than 1.50:1.001.15:1.0, measured at the end of each of the following individual quarters: the quarter ending December 31, 2012 and the quarter ending March 31, 2013. Commencing with the quarter ending on June 30, 2013, the Borrower must maintain a Fixed Charge Coverage Ratio, measured on a rolling four quarters trailing basis at the end of each full fiscal quarter, of no less than 1.
Appears in 1 contract
Samples: Construction Loan Agreement (Red Trail Energy, LLC)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30October 31, 20132010, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.20 : 1.00.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Easylink Services International Corp)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30March 26, 20132004, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.50 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Harland John H Co)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30March 31, 20132006, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50 to 1.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Stanley, Inc.)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132004, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.1.75:1.00:
Appears in 1 contract
Samples: Revolving Credit Agreement (Watson Wyatt & Co Holdings)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, on a consolidated basis, as of the end of each Fiscal Quarterthe quarter ending March 31, commencing with the Fiscal Quarter ending on September 30, 20132008 (measured for such fiscal quarter), a Fixed Charge Coverage Ratio of not less than 1.50:1.001.2 to 1.0. Thereafter, the Borrower will have on a consolidated basis, as of the end of each fiscal quarter of the Borrower (measured for such fiscal quarter), commencing with the fiscal quarter ending June 30, 2008, a Fixed Charge Coverage Ratio of not less than 1.3 to 1.0.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (First Acceptance Corp /De/)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the --------------------------- end of each Fiscal Quarter, fiscal quarter (commencing with the Fiscal Quarter fiscal quarter ending on September 30, 20131998), a Fixed Charge Coverage Ratio of not less than 1.50:1.00at least 1.05 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132006, a Fixed Charge Coverage Ratio of not less than 1.50:1.003.00:1:00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will Borrower shall maintain, on a consolidated basis, (i) as of the end of each Fiscal Quarter, commencing with of the Fiscal Quarter fiscal quarters ending on September 30, 20131995 and December 31, 1995, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.25 to 1.0 and (ii) as of the end of each fiscal quarter thereafter, a Fixed Charge Coverage Ratio not less than 3.00 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.15 to 1.0 for the fiscal quarter ending March 31, 2002 and for each fiscal quarter end thereafter. In addition, if Borrowers fail to maintain a Fixed Charge Coverage Ratio of more than 1.25 to 1.0 for any fiscal quarter, Borrowers agree to pay to Bank a fee in the amount of $7,500 for such fiscal quarter, which fee will be due and payable at the end of the applicable fiscal quarter.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain--------------------------- have, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September June 30, 20132001, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.50 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, Borrower shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.0: 1 for each Fiscal Quarter commencing with the Fiscal Quarter ending September 30, 2002.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintainhave, as of the end of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 20132008, a Fixed Charge Coverage Ratio of not less than 1.50:1.002.25:1.0, calculated based on a rolling four quarter basis.
Appears in 1 contract
Samples: Revolving Credit Agreement (Patriot Transportation Holding Inc)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of At the end of each Fiscal Quarterfiscal quarter of Borrowers, commencing with the Fiscal Quarter fiscal quarter ending on September 30July 31, 2013, Borrowers shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.00 to 1.00 for the four fiscal quarter period then ending.
Appears in 1 contract
Samples: Loan and Security Agreement (Lakeland Industries Inc)
Fixed Charge Coverage Ratio. The Borrowers will maintainCommencing with the fiscal quarter ending March 31, 2021, as of the end last day of each Fiscal Quarterfiscal quarter of the Borrower, commencing with the Fiscal Quarter ending on September 30, 2013, Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.20:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers and their Subsidiaries will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132007, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.35:1.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (United Industrial Corp /De/)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.25 to 1.01.00, beginning with the fiscal quarter of Borrowers ending June 30, 2023 through and including March 31, 2024. Beginning with the fiscal quarter of Borrowers ending June 30, 2025 and thereafter, Borrowers will maintain a Fixed Charge Coverage Ratio of not less than 1.25 to 1.00. This ratio shall be calculated at the end of each fiscal quarter of Borrowers using the results of the twelve-month period ending with such fiscal quarter end.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as As of the end of each Fiscal Quarterfiscal quarter of Borrower, commencing with the Fiscal Quarter fiscal quarter ending on September 30, 20132012, Borrower shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.001.10 to 1.00 calculated for the rolling period of the 4 fiscal quarters then ending.
Appears in 1 contract
Samples: Loan and Security Agreement (Biosante Pharmaceuticals Inc)
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of Borrower and its Subsidiaries on a consolidated basis shall have at the end of each Fiscal Quarter, Quarter (commencing with the Fiscal Quarter ending on September 30March 31, 20132005), a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50:1 for the Fiscal Quarter then ended.
Appears in 1 contract
Samples: Loan and Security Agreement (Youthstream Media Networks Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30January 31, 20132012, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.2.00:1.00
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 20132005, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.1.75:1.00:
Appears in 1 contract
Samples: Revolving Credit Agreement (Watson Wyatt & Co Holdings)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013fiscal quarter, a Fixed Charge Coverage Ratio of not less than 1.50:1.00(a) 1.15 to 1.0 at all times during the calendar year ending December 31, 2000 and (b) 1.20 to 1.0 at all times thereafter.
Appears in 1 contract
Samples: Loan Agreement (Pizza Inn Inc /Mo/)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September June 30, 20132008, a Fixed Charge Coverage Ratio of not less than 1.50:1.00.the following: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or 1.15:1.0 prior to 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 1 contract
Samples: Revolving Credit Agreement (Landamerica Financial Group Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of at the end last day of each Fiscal Quarter, fiscal quarter commencing with the Fiscal Quarter fiscal quarter ending on September June 30, 20131997, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.10 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Northland Cable Properties Four LTD Partnership)
Fixed Charge Coverage Ratio. The Borrowers will maintain, REQUIRED: Measured as of the end of each the Fiscal QuarterQuarter most recently completed, commencing with the Fiscal Quarter ending on September 30, 20132014, a the Fixed Charge Coverage Ratio for the Borrower and its Subsidiaries on a consolidated basis for the twelve (12) month period ending on the last day of not less than 1.50:1.00such Fiscal Quarter shall be at least 1.00 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. The Borrowers will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2013, Borrower shall maintain a Fixed Charge Coverage Ratio of not less than 1.50:1.00(a) 1.00:1 for the Fiscal Quarter ending Xxxxx 00, 0000, (x) 1.10:1 for the Fiscal Quarters ending June 30, 2003, and September 30, 2003, and (c) 1.20:1.00 for the Fiscal Quarter ending December 31, 2003, and each Fiscal Quarter ending thereafter.
Appears in 1 contract
Samples: Loan Agreement (Intrado Inc)
Fixed Charge Coverage Ratio. The Borrowers Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September April 30, 20132008, a Fixed Charge Coverage Ratio of not less than 1.50:1.001.50 to 1.
Appears in 1 contract