Fixed Charge Ratio Covenant. During the continuance of a Covenant Compliance Event, each of Holdings and the Borrowers will not permit the Fixed Charge Ratio as of the last day of any fiscal quarter of Holdings to be less than 1.0 to 1.0.
Appears in 11 contracts
Samples: Term Loan Credit Agreement, Joinder Agreement (Sears Holdings Corp), Joinder Agreement (Sears Holdings Corp)