Common use of Fixed Charges Coverage Ratio Clause in Contracts

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio [to be less than (a) with respect to the]as of the last day of each fiscal quarter [of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00]ending after the Fourth Amendment Effective Date to be less than 2.50 to 1.00.

Appears in 3 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)

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Fixed Charges Coverage Ratio. The Company will not permit the Consolidated ---------------------------- Fixed Charge Charges Coverage Ratio [to be less than (a) with respect to the]as the following respective ratios as of the last day of each any fiscal quarter [of occurring during the Company ending following respective periods: Period Ratio ------ ----- From and including the Amendment/Restatement Effective Date through December 3130, 2014 and each fiscal quarter of the Company ending thereafter through 1999 1.05 to 1.00 From and including December 31, 2015, 1.75 1999 and at all times thereafter 1.10 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00]ending after the Fourth Amendment Effective Date to be less than 2.50 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Advanstar Inc), Credit Agreement (Applied Business Telecommunications), Advanstar Holdings Inc

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Fixed Charges Coverage Ratio. The Company Borrower will not permit ---------------------------- the Consolidated Fixed Charge Coverage Charges Ratio [to be less than (a) with respect to the]as of the following respective ratios as at the last day of each any fiscal quarter [during any of the Company ending December 31following respective periods: Period Ratio ------ ----- From the Closing Date through September 29, 2014 2000 1.00 to 1 From September 30, 2000 and each fiscal quarter of the Company ending at all times thereafter through and including December 31, 2015, 1.75 1.10 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00]ending after the Fourth Amendment Effective Date to be less than 2.50 to 1.00.1 -80-

Appears in 1 contract

Samples: Credit Agreement (Premier Parks Inc)

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