Common use of Fixed Charge Coverage Clause in Contracts

Fixed Charge Coverage. The Company will not permit, as of the end of any fiscal quarter, the ratio of (i) Consolidated EBITR to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Expense (in each case for the Test Period ended on the last day of such fiscal quarter) to be less than 2.00 to 1.00.

Appears in 5 contracts

Samples: Note Purchase Agreement (Caseys General Stores Inc), Note Purchase Agreement (Caseys General Stores Inc), Note Purchase Agreement (Caseys General Stores Inc)

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Fixed Charge Coverage. The Company will not permit, as of the end of any fiscal quarter, the ratio of (i) Consolidated EBITR to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Expense (in each case for the Test Period ended on the last day of such Company’s then most recently completed four fiscal quarterquarters) to be less than 2.00 to 1.00.

Appears in 4 contracts

Samples: Note Purchase Agreement (Caseys General Stores Inc), Note Purchase Agreement (Caseys General Stores Inc), Note Purchase Agreement (Caseys General Stores Inc)

Fixed Charge Coverage. The Company will not permit, permit the ratio (calculated as of the end of any fiscal quarter, the ratio of (i) Consolidated EBITR to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Expense (in each case for the Test Period ended on the last day of such fiscal quarter) of Consolidated EBITDAR to Consolidated Fixed Charges for the period of four quarters ending as of each fiscal quarter to be less than 2.00 1.50 to 1.00.

Appears in 1 contract

Samples: Master Note Purchase Agreement (Regis Corp)

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Fixed Charge Coverage. The Company will shall not permit, as of the end of any fiscal quarter, permit the ratio of (i) EBIT plus Consolidated EBITR Lease Expense, in each case for the period of eight fiscal quarters of the Company most recently ended at such time, to (ii) the sum of Consolidated Interest Expense plus Consolidated Rental Lease Expense (in each case for the Test Period ended on the last day of such fiscal quarter) period to be less than 2.00 1.75 to 1.00."

Appears in 1 contract

Samples: Note Agreement (Gold Kist Inc)

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