Fixed Charges Coverage Ratio. Maintain on a consolidated basis as of each fiscal quarter-end during the Term hereof a ratio of Consolidated Proforma Operating Cash Flow to Consolidated Fixed Charges determined for the 12-month period ending as of each such fiscal quarter-end of not less than (a) 1.25 to 1.0 for each fiscal quarter ending on or before June 30, 2000, and (b) 1.50 to 1.0 for each fiscal quarter-end thereafter during the Term hereof.
Appears in 3 contracts
Samples: Credit Agreement (Staffmark Inc), Credit Agreement (Staffmark Inc), Credit Agreement (Staffmark Inc)
Fixed Charges Coverage Ratio. Maintain on a consolidated basis The Obligors will keep and maintain as of the end of each fiscal quarter-end during , the Term hereof a ratio of Consolidated Proforma Operating Cash Flow to Consolidated Fixed Charges determined for each period of four consecutive fiscal quarters (ending on the 12-month period ending date of determination and taken as of each such fiscal quarter-end of a single accounting period) at not less than (a) 1.25 2.00 to 1.0 for each fiscal quarter ending on or before June 30, 2000, and (b) 1.50 to 1.0 for each fiscal quarter-end thereafter during the Term hereof1.00.
Appears in 1 contract
Samples: Note Purchase Agreement
Fixed Charges Coverage Ratio. Maintain on a consolidated basis as of each fiscal quarter-end during the Term hereof a ratio of Consolidated Proforma Operating Cash Flow to Consolidated Fixed Charges determined for the 12-month period ending as of each such fiscal quarter-end of not less than (a) 1.25 to 1.0 for each fiscal quarter ending on or before June 30, 2000, and (b) 1.50 to 1.0 for each fiscal quarter-end thereafter during the Term hereof.)
Appears in 1 contract
Samples: Credit Agreement (Staffmark Inc)
Fixed Charges Coverage Ratio. Maintain on a consolidated basis as of each fiscal quarter-end during the Term hereof a ratio of Consolidated Proforma Operating Cash Flow to Consolidated Fixed Charges determined for the 12-month period ending as of each such fiscal quarter-end of not less than (a) 1.25 to 1.0 for each fiscal quarter ending on or before June 30, 20001999, and (b) 1.50 to 1.0 for each fiscal quarter-quarter end thereafter during the Term hereof.
Appears in 1 contract
Samples: Credit Agreement (Staffmark Inc)