Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period.
Appears in 3 contracts
Samples: Credit Agreement (Celadon Group Inc), Credit Agreement (Celadon Group Inc), Credit Agreement (Celadon Group Inc)
Fixed Charge Coverage Ratio. Maintain Permit on a consolidated basis a the Fixed Charge Coverage Ratio of not to be less than 1.00 2.00 to 1.00 as of each fiscal quarter end1.0. This ratio will be calculated at the end of each reporting period for which this Agreement the Administrative Agent requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period.
Appears in 2 contracts
Samples: Credit Agreement (BJs RESTAURANTS INC), Credit Agreement (BJs RESTAURANTS INC)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.25:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period. The 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 (Micros Systems Inc), Credit Agreement (Micros Systems Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.35:1.0. This ratio will be calculated at the end of each quarterly reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period. The 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 (Greenway Medical Technologies Inc), Credit Agreement (Greenway Medical Technologies Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 MICROS and all Subsidiaries of at least 1.25 to 1.00 as of each fiscal quarter end1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period. The 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 (Micros Systems Inc), Credit Agreement (Micros Systems Inc)
Fixed Charge Coverage Ratio. Maintain Company shall maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 2.00 to 1.00 as of each fiscal quarter end1.0. This ratio will be calculated at as of the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter of Company, using the results of the twelve-month period ending with that reporting periodon the last day of such fiscal quarter.
Appears in 2 contracts
Samples: Credit Agreement (Diodes Inc /Del/), Credit Agreement (Diodes Inc /Del/)
Fixed Charge Coverage Ratio. Maintain Borrowers on a consolidated basis Consolidated Basis shall maintain a Fixed Charge Coverage Ratio of not less than 1.00 1.10 to 1.00 as of for the four fiscal quarters ending September 30, 2008 and for each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsending thereafter, using the results of the twelve-month period ending with that reporting periodon a rolling four quarter basis.
Appears in 2 contracts
Samples: Revolving Credit, Term Loan and Security Agreement (Stream Global Services, Inc.), Revolving Credit, Term Loan and Security Agreement (Stream Global Services, Inc.)
Fixed Charge Coverage Ratio. Maintain on On a consolidated basis basis, maintain a Fixed Charge Coverage Ratio as of not less than 1.00 to 1.00 as the end of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodCompany of greater than or equal to 1.25 to 1.0.
Appears in 2 contracts
Samples: Credit Agreement (Checkpoint Systems Inc), Credit Agreement (Checkpoint Systems Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 1.10 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting fiscal quarter of Borrowers (commencing with the fiscal quarter of Borrowers ending on September 30, 1999) for the period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodfour (4) consecutive fiscal quarters of Borrowers then ending.
Appears in 2 contracts
Samples: Revolving Credit, Term Loan and Security Agreement (Richton International Corp), Revolving Credit and Term Loan Agreement (Richton International Corp)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 1.15 to 1.00 as of each fiscal quarter end1.0. This ratio will be calculated at as of the end last day of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results fiscal quarter of the Borrower based upon the preceding twelve-month period ending with that reporting period, commencing on the last day of the first fiscal quarter in which the Borrower or its Subsidiaries own at least one Qualified Store.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Ruby Tuesday Inc), Loan Facility Agreement (Ruby Tuesday Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 1.2 to 1.00 1.00. For purposes of this Agreement, the Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter end. This ratio will be calculated at of Borrower for the end four fiscal quarter period most recently ended, commencing with the fiscal quarter of each reporting period for which this Agreement requires Borrower to deliver financial statementsending as of March 31, using the results of the twelve-month period ending with that reporting period2023.
Appears in 2 contracts
Samples: Credit Agreement (Ashford Inc.), Credit Agreement (Ashford Inc.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at , commencing with the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter ending September 30, using the results of the twelve-month period ending with that reporting period2018.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (Celadon Group Inc)
Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending on December 31, 2005 and for each fiscal quarter thereafter, maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat 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 deliver financial statements, using the results of the twelvefour-month fiscal quarter period ending with that reporting period. The 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. Maintain on a consolidated basis a Fixed Charge Coverage Ratio for each 4 Fiscal Quarter period ending on the date of not less than measurement of at least 1.00 to 1.00 1.00, measured quarterly as of each fiscal quarter end. This ratio will be calculated at the end last day of each reporting Fiscal Quarter for the most recent period for which this Agreement requires Borrower financial statements were required to deliver financial statements, using the results of the twelve-month period ending with that reporting periodbe delivered hereunder.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis Borrower shall maintain a Fixed Charge Coverage Ratio (determined on a Consolidated basis) of not less than 1.00 2.25 to 1.00 as of each fiscal quarter end. This ratio will be 1 for the period in which the applicable Fiscal Quarter ends, calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using Fiscal Quarter and based on such Fiscal Quarter and the results of the twelve-month period ending with that reporting periodthree immediately preceding Fiscal Quarters.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 1.2 to 1.00 1.00. For purposes of this Agreement, the Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter end. This ratio will be calculated at of Borrower for the end four fiscal quarter period most recently ended, commencing with the fiscal quarter of each reporting period for which this Agreement requires Borrower to deliver financial statementsending as of June 30, using the results of the twelve-month period ending with that reporting period2022.
Appears in 1 contract
Samples: Loan Documents (Ashford Inc.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis maintain at all times a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as 1.25:1.00. Each of the ratios described in this Section 12.2 shall be calculated quarterly on the last day of each full fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-Borrower on a rolling twelve (12) month period ending with that reporting periodbasis, based on the consolidated financial statements of the Borrower.
Appears in 1 contract
Samples: Credit Agreement (Alithya Group Inc)
Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 at least 1.25 to 1.00 1.00, calculated as of each fiscal quarter end. This ratio will be calculated at the end of each quarter-annual reporting period for which this Agreement the Bank requires Borrower to deliver financial statements, using the results of the twelve-month period ending with the end of that reporting period.. For purposes of this covenant:
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.25:1:0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsFiscal Quarter during the term hereof, using the results of the twelve-month period ending with that reporting periodthen ended.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 1.10 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting fiscal quarter of Borrower for the period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodtwelve (12) consecutive calendar months then ending.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Swank Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 at least 1.10 to 1.00 as for each period of each fiscal quarter end. This ratio will be calculated at four Fiscal Quarters ending during any Trigger Period and for the end four Fiscal Quarters ending immediately prior to the commencement of each reporting period such Trigger Period for which this Agreement requires Borrower to deliver Agent has received financial statements, using the results of the twelve-month period ending with that reporting periodstatements from Borrower.
Appears in 1 contract
Samples: Loan and Security Agreement (Leapfrog Enterprises Inc)
Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.15:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement the Bank requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period.
Appears in 1 contract
Samples: Loan Agreement (Sport Chalet Inc)
Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.20:1.0. This ratio will shall be calculated at the end of each quarterly reporting period for which this Agreement the Bank requires Borrower to deliver financial statements, using the results of the twelve-month period ending with the last day of that reporting period.
Appears in 1 contract
Samples: Loan Agreement (Aerosonic Corp /De/)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.75:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using statements for the results of the twelve-month period ending with that reporting periodRolling Period then ended.
Appears in 1 contract
Samples: Credit Agreement (Azz Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Permit or suffer the Fixed Charge Coverage Ratio Ratio, determined for the Borrower and its Subsidiaries on a Consolidated basis as of not less than 1.00 to 1.00 as the end of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period Borrower commencing with the fiscal quarter ending with that reporting periodSeptember 30, 2014, to be less than 1.30 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (QC Holdings, Inc.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 2.00:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower Borrowers to deliver financial statements, using the results of the twelve-month period ending with that reporting period.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Borrower and its Subsidiaries on a consolidated basis will have a Fixed Charge Coverage Ratio Ratio, measured on a quarter-end basis, of not less than at least 1.00 to 1.00 as for the twelve (12) month period ending on the last day of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodquarter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at , commencing with the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter ending December 31, using the results of the twelve-month period ending with that reporting period2017.
Appears in 1 contract
Samples: Credit Agreement (Celadon Group Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis basis, as of the end of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than 1.00 1.50 to 1.00 1.00. The 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 end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodthereafter.
Appears in 1 contract
Samples: Credit Agreement (RigNet, Inc.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a A Fixed Charge Coverage Ratio shall be maintained of not less than 1.00 1.10 to 1.00 as of the last day of each fiscal quarter, commencing with the first fiscal quarter end. This after the Closing; provided that such ratio will may be calculated less than 1.10:1.00 if Average Excess Availability is at the end of each reporting period for which this Agreement requires Borrower least $75,000,000 (without giving effect to deliver financial statements, using the results clause (k) of the twelve-month period ending with that reporting period.definition of Borrowing Base for the purpose of calculating such Excess Availability). ARTICLE
Appears in 1 contract
Samples: Senior Secured Working Capital Credit Facility (Transmontaigne Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 1.25 to 1.00 1.00. The Fixed Charge Coverage Ratio shall be calculated on a consolidated basis and tested quarterly as of the end of each fiscal quarter end. This ratio will of Borrower, commencing with the fiscal quarter ending as of December 31, 2017, and the relevant period of determination shall be calculated at the end four fiscal quarter period ending as of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results such date of the twelve-month period ending with that reporting periodcalculation.
Appears in 1 contract
Samples: Credit Agreement (American Virtual Cloud Technologies, Inc.)
Fixed Charge Coverage Ratio. Maintain During any period when the sum of Excess Availability plus Qualified Cash is equal to or less than $10,000,000, Borrowers shall maintain, on a consolidated basis basis, for each fiscal quarter, on a rolling four-quarter basis, a Fixed Charge Coverage Ratio of not less than 1.00 1.0 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period1.0.
Appears in 1 contract
Samples: Loan and Security Agreement (Jazz Semiconductor Inc)
Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis as of the end of each month, calculated on a rolling twelve-month basis, a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodleast 2.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis To maintain a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated 1.25:1.00 or greater, measured at the end of each reporting period for which this Agreement the Bank requires Borrower to deliver financial statementsstatements from the Borrower, using the results of the trailing twelve-month period ending with that reporting period, with the first calculation reflected in the Initial Compliance Certificate, and in each subsequent Compliance Certificate.
Appears in 1 contract
Samples: Credit Agreement (Cash Systems Inc)
Fixed Charge Coverage Ratio. Maintain on On a consolidated basis basis, maintain a Consolidated Fixed Charge Coverage Ratio (calculated on a one fiscal quarter basis) as of not the first Measurement Date occurring during the Covenant Adjustment Period (the “Fixed Charge Coverage Ratio Measurement Date”) of no less than 1.00 1.25 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period1.00.
Appears in 1 contract
Samples: Credit Agreement (Hyatt Hotels Corp)
Fixed Charge Coverage Ratio. Maintain The Company shall maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal at least 1.35:1.0 commencing with the quarter endending June 30, 2016 and for all periods thereafter. This ratio will be calculated at as of the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, fiscal quarter using the results of the twelve-month period ending with that reporting period. The current portion of long-term debt and the current portion of capitalized lease obligations will be measured as of the last day of the calculation period.
Appears in 1 contract
Samples: Loan Agreement (DLH Holdings Corp.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio (for the Loan Parties on a consolidated basis) of not less than 1.00 1.10 to 1.00 calculated as of the last day of the fiscal quarter ending on December 31, 2018 for the period equal to four (4) consecutive fiscal quarters then ending and as of the last day of each fiscal quarter end. This ratio will be calculated at thereafter for the end of each reporting period for which this Agreement requires Borrower equal to deliver financial statements, using the results of the twelve-month period ending with that reporting periodfour (4) consecutive fiscal quarters then ending.
Appears in 1 contract
Samples: Credit and Security Agreement (Ramaco Resources, Inc.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at , commencing with the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter ending June 30, using the results of the twelve-month period ending with that reporting period2018.
Appears in 1 contract
Samples: Credit Agreement (Celadon Group Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis for Borrower and its Subsidiaries a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results fiscal quarter of the twelve-month period ending with that reporting periodBorrower.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 at least 1.50 to1.00, calculated as of each fiscal quarter end. This ratio will be calculated at the end of each quarter-annual reporting period for which this Agreement the Bank requires Borrower to deliver financial statements, using the results of the twelve-month period ending with the end of that reporting period.. For purposes of this covenant:
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis Commencing as of the first Fiscal Quarter ending subsequent to the Closing Date and continuing as of each Fiscal Quarter end until Bank Facilities Termination, the Borrower Consolidation shall maintain a Fixed Charge Coverage Ratio of not no less than 1.00 1.25 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period1.00.
Appears in 1 contract
Samples: Credit Agreement (Black Hawk Gaming & Development Co Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.75:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using statements for the results of the twelve-month period ending with that reporting periodRolling Period then ended.”
Appears in 1 contract
Samples: Credit Agreement (Azz Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of at least the ratios indicated for each period specified below: For the four consecutive fiscal quarters ending December 31, 2007 and each fiscal quarter end. This ratio will thereafter 1.50:1.00 For the avoidance of doubt, interest or principal payments made prior to the Closing Date shall not be calculated at included in the end calculation of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodFixed Charge Coverage Ratio.
Appears in 1 contract
Samples: Revolving Credit Agreement (Green Mountain Coffee Roasters Inc)
Fixed Charge Coverage Ratio. Maintain The Borrowers and their Subsidiaries, on a consolidated basis basis, will maintain a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 Ratio, calculated as of each fiscal quarter end. This ratio will be calculated at the end ending on or after June 30, 2010, of each reporting period for which this Agreement requires Borrower no less than 1.50 to deliver financial statements, using the results of the twelve-month period ending with that reporting period1.00.
Appears in 1 contract
Samples: Credit Agreement (Entegris Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less greater than 1.00 or equal to 1.00 as of each fiscal quarter end1.25 to 1.0. This ratio The Fixed Charge Coverage Ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter of the Company, using the results of the twelve-month period ending with that reporting periodsuch fiscal quarter. The current portion of long-term liabilities will be measured as of the date twelve months prior to the current financial statements.
Appears in 1 contract
Samples: Revolving Credit Agreement (Lumber Liquidators, Inc.)
Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.20:1.00. This ratio will be calculated and tested at the end of each reporting quarter (commencing with the quarter ended September 30, 2016) for the four fiscal quarter period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodthen ended.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain The Borrowers shall maintain, on a consolidated basis basis, a Fixed Charge Coverage Ratio of not less than 1.00 1.20 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis at all times a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 Ratio, on a consolidated basis, reported as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower fiscal quarter, equal to deliver financial statements, using the results of the twelve-month period ending with that reporting period.or greater 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 1.00
Appears in 1 contract
Samples: Credit Facility Agreement (Phoenix Footwear Group Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 at least 1.25:1.0 as of the end of each fiscal quarter endthat Borrower fails to maintain an Average Monthly Balance of Unrestricted Cash and Cash Equivalents equal to or greater than $12,000,000 during that fiscal quarter. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, fiscal quarter using the results of the twelve-month period ending with that reporting periodfiscal quarter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at , commencing with the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter ending March 31, using the results of the twelve-month period ending with that reporting period2018.
Appears in 1 contract
Samples: Credit Agreement (Celadon Group Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis basis, a minimum Fixed Charge Coverage Ratio of not 1.50 to 1.00, measured quarterly, on a rolling four-quarter basis. For purposes of this computation, "Fixed Charge Coverage Ratio" means the sum of after-tax income plus depreciation and amortization plus lease expense plus interest expense less than 1.00 to 1.00 as dividends and non-cash income, divided by the sum of each fiscal quarter end. This ratio will be calculated at the end lease expense plus interest expense plus current maturities of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelvelong-month period ending with that reporting periodterm debt.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio (for the Loan Parties and their Subsidiaries on a consolidated basis) of not less than 1.00 1.20 to 1.00 calculated as of the last day of the fiscal quarter ending on December 31, 2010 for the period equal to four (4) consecutive fiscal quarters then ending and as of the last day of each fiscal quarter end. This ratio will be calculated at thereafter for the end of each reporting period for which this Agreement requires Borrower equal to deliver financial statements, using the results of the twelve-month period ending with that reporting periodfour (4) consecutive fiscal quarters then ending.
Appears in 1 contract
Samples: Credit and Security Agreement (Sifco Industries Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Permit the Fixed Charge Coverage Ratio of not for the Borrowers and their Subsidiaries, on a consolidated basis, to be less than 1.00 1.25 to 1.00 1, as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, measured on a quarterly basis using the consolidated results of the twelve-month four fiscal quarter period ending with that the applicable reporting periodperiod as required by Section 9(a)(2).
Appears in 1 contract
Samples: Loan Agreement (Omega Protein Corp)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least [***] from the Closing Date through [***] and at least [***] and thereafter. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period. The scheduled current portion of long-term liabilities will be measured as of the last day of the calculation period.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Maintain, on a consolidated basis Consolidated basis, as of the end of each fiscal quarter, for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than 1.00 1.10 to 1.00 as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Permit or suffer the Fixed Charge Coverage Ratio Ratio, determined for the Borrower and its Subsidiaries on a Consolidated basis as of not less than 1.00 to 1.00 as the end of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodBorrower after the Closing Date, to be less than 1.25 to 1.
Appears in 1 contract
Samples: Credit Agreement (QC Holdings, Inc.)
Fixed Charge Coverage Ratio. Maintain Borrower and its Subsidiaries on a consolidated basis will have a Fixed Charge Coverage Ratio Ratio, measured on a quarter-end basis, of not less than at least 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at for the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-twelve (12) month period ending on the last day of each Fiscal Quarter, commencing with that reporting periodthe Fiscal Quarter ending September 30, 2014.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 at least 1.25 to 1.00 1.00, measured monthly as of each fiscal quarter end. This ratio will be calculated at the end last day of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodFiscal Month on a trailing 12 Fiscal Month basis.
Appears in 1 contract
Samples: Loan Agreement (Key Tronic Corp)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis at all times a Fixed Charge Coverage Ratio of not less Ratio, on a consolidated basis, equal to or greater than 1.00 1.10 to 1.00 as of each fiscal quarter end. This ratio will be calculated 1.00, reported at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsFiscal Quarter commencing with the Fiscal Quarter ending June 30, using the results of the twelve-month period ending with that reporting period2009.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This at least 1.25:1.00.This ratio will be calculated at the end of each reporting quarterly accounting period for which this Agreement requires Borrower to deliver financial statements, in the Company's fiscal year using the results of the twelve-12 month period ending with that reporting period.
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Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 at least 1.25 to 1.00 1 as of September 30, 2009, and as of each fiscal quarter end. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodthereafter.
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Samples: Loan Modification Agreement (Craft Brewers Alliance, Inc.)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.5:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using statements for the results of the twelve-month period ending with that reporting periodRolling Period then ended.
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Samples: Credit Agreement (Azz Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis at all times a Fixed Charge Coverage Ratio of not less Ratio, on a consolidated basis, equal to or greater than 1.00 1.25 to 1.00 as of each fiscal quarter end. This ratio will be calculated 1.00, reported at the end of Closing Date and at each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodsucceeding Fiscal Quarter end.
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Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be calculated at , commencing with the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter ending September 30, using the results of the twelve-month period ending with that reporting period2017.
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Samples: Credit Agreement (Celadon Group Inc)
Fixed Charge Coverage Ratio. Maintain on a consolidated basis at all times a Fixed Charge Coverage Ratio of not less Ratio, on a consolidated basis, equal to or greater than 1.00 1.25 to 1.00 as of each fiscal quarter end. This ratio will be calculated 1.00, reported at the end of Prior Closing Date and at each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodsucceeding Fiscal Quarter end.
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Fixed Charge Coverage Ratio. Maintain To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 at least 1.25 to 1.00 as of each fiscal quarter end1. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter, using the results of the twelve-month period ending with that reporting periodfiscal quarter. “Fixed Charge Coverage Ratio” means the ratio of (i) EBITDAR (as defined in Section 8.4(d)), to (ii) cash interest expense plus cash occupancy expense.
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Fixed Charge Coverage Ratio. Maintain on a consolidated basis To maintain a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter endat least 1.50:1. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsfiscal quarter, using the results of that quarter and each of the twelve-month period ending with that reporting periodthree immediately preceding fiscal quarters.
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Fixed Charge Coverage Ratio. Maintain on a consolidated basis at all times a Fixed Charge Coverage Ratio of not less Ratio, on a consolidated basis, equal to or greater than 1.00 1.10 to 1.00 as of each fiscal quarter end. This ratio will be calculated 1.00, reported at the end of each reporting period for which this Agreement requires Borrower to deliver financial statementsFiscal Quarter commencing with the Fiscal Quarter ending June 30, using the results of the twelve-month period ending with that reporting period2008.
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Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio Ratio, on a Consolidated basis, of not less than 1.00 to 1.00 as of each fiscal quarter end. This ratio will be 1.45 calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting periodfiscal quarter on a rolling four quarter basis.
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