Fixed Coverage Ratio. Commencing May 31, 2001, the Company will -------------------- not permit the ratio as of the end of any fiscal quarter (measured on a trailing four quarter basis) of the Company of (i) Consolidated EBITDA to (ii) Consolidated Fixed Charges, to be less than 1.00 to 1.00.
Fixed Coverage Ratio. 45 Section 6.10 Leverage Ratio....................................................45 Section 6.11 Net Worth.........................................................45 ARTICLE VII -
Fixed Coverage Ratio. The Borrowers shall not permit the Consolidated Fixed Coverage Ratio to be less than 1.25-to-1.00 at any time.
Fixed Coverage Ratio. The Borrower will keep and maintain the ratio of Net Income Available for Fixed Charges to Fixed Charges for each period of four consecutive fiscal quarters of the Borrower at not less than 2:00 to 1:00; provided, that if the Borrower or any Subsidiary of the Borrower (the "Acquiring Entity") shall, during any such period, incur, create or assume any Indebtedness ("Subject Indebtedness") for the purpose of financing the acquisition (the "Subject Transaction") of additional property ("Acquired Property"), then (i) in computing Fixed Charges for such period, there shall be included therein Fixed Charges on Subject Indebtedness for that portion of such period preceding the date of the Subject Transaction (the "Preacquisition Portion" of such period), as though the Subject Indebtedness had been incurred at the beginning of such period at an interest rate for the Preacquisition Portion of such period equal to the interest rate of the Subject Indebtedness in effect on the date of the Subject Transaction, and (ii) in computing Net Income Available for Fixed Charges, there shall be included therein the net earnings or net loss, as the case may be (the "Net Income") for the Preacquisition Portion of such period, as though the Acquired Property had been owned by the Acquiring Entity for the entire such period (such Net Income to be determined (x) prior to any deduction for Interest Charges or any federal, state or other income taxes and (y) on a cumulative basis for the Preacquisition Portion of such period). Without limiting the generality of the foregoing, it is agreed that the acquisition by the Borrower of the Acquired Business shall be a Subject Transaction.
Fixed Coverage Ratio. Tenant shall maintain a 1.0 to 1.0 fixed coverage ratio.
Fixed Coverage Ratio ratio of Consolidated EBITDA divided by ___________ Fixed Charges ___________ Fixed Charge Coverage Ratio ___________ not less than 2.5 to 1.00 Cash and Cash Equivalents ___________ not less than $30,000,000.002 ratio of secured consolidated Indebtedness divided by ___________ Consolidated Adjusted EBITDA ___________ Senior Leverage Ratio ___________ not to exceed 2.5 to 1.00
Fixed Coverage Ratio. The Borrower shall not permit its Fixed Charge Ratio, calculated as of the end of each fiscal quarter, to be less than: (i) 1.10:1 from the date hereof through June 30, 1999, inclusive; (ii) 1.15:1 from July 1, 1999 through December 31, 1999, inclusive; (iii) 1.20:1 from January 1, 2000 through March 31, 2000, inclusive; (iv) 1.25:1 from April 1, 2000 through June 30, 2000, inclusive; (v) 1.35:1 from July 1, 2000 through December 31, 2000, inclusive; (vi) 1.50:1 from January 1, 2001 through the remaining term of this Agreement.
Fixed Coverage Ratio. 31 14.8. Limitation on Tax Consolidation...................................32 14.9. Limitation on Liens...............................................32 14.10. Limitation on Transactions with Affiliates........................32 14.11. Joinder of Additional Subsidiaries................................32 14.12. Limitation on Issuance and Sale of Shares of Subsidiaries; No Preferred Shares...............................................33 14.13. Limitation on Subsidiary's Consolidation or Merger................33 14.14 Limitation on the Holding Company's Consolidation and Merger...
Fixed Coverage Ratio. The Holding Company will not permit the ratio -------------------- of Pro Forma Consolidated Cash Flow (after restoring thereto any amount deducted therefrom for Rental Obligations paid under leases other than Capital Leases) to Pro Forma Consolidated Fixed Charges for any period of four consecutive fiscal quarters ended during any period specified below to be less than the applicable ratio set forth below: Period Ratio ------ ----- Closing Date through August 31, 2001 2.00 to 1.00 September 1, 2001 through August 31, 2002 2.25 to 1.00 From and after September 1, 2002 2.50 to 1.00.
