Inventory Turnover Ratio Sample Clauses

Inventory Turnover Ratio. Maintain as of December 31st of each year ------------------------ throughout the term hereof, an Inventory Turnover Ratio of, at least, 1.25 to 1.00. Should the Inventory Turnover Ratio be, at any point in time, below this level, Borrower shall have six months to cure this breach.
Sample 1Sample 2
AutoNDA by SimpleDocs
Inventory Turnover Ratio. Borrower shall maintain an Inventory Turnover Ratio, measured at the end of each Fiscal Quarter on a 12 Fiscal Period rolling basis, of not less than 2.20 to 1.00.
Sample 1
Inventory Turnover Ratio. On an annualized basis as of each designated month-end, the Borrower will maintain an Inventory Turnover Ratio (defined as cost of goods sold divided by the average monthly inventory value) equal to or greater than the following: Inventory Turnover Ratio ------------------------ June 30, 1997 4.0 July 31, 1997 4.0 August 31, 1997 4.9 September 30, 1997 4.7 October 31, 1997 5.2 November 30, 1997 3.0 For purposes of calculating the Inventory Turnover Ratio, the average monthly inventory value will be calculated as one half of the sum of book inventory value as of the first day of the applicable month plus the book inventory value as of the last day of the applicable month.
Sample 1
Inventory Turnover Ratio. Permit the ratio of Costs of Goods Sold to the amount of the average inventory (the sum of: (i) amount of Inventory for the most recent quarter's end plus (ii) the amount of the Inventory as of the end of each of the prior three quarters divided by 4) for the trailing four (4) quarters to be less than 1.50 to 1.00 at any time during the term of this Agreement, but tested as of the end of each fiscal quarter, beginning June 30, 1994.
Sample 1
Inventory Turnover Ratio. Not permit the Inventory Turnover Ratio for any Measurement Period to be less than 4.50 to 1.00.
Sample 1
Inventory Turnover Ratio. For each and every Fiscal Quarter, beginning with the Fiscal Quarter ending October 31, 2008, Credit Parties, on a consolidated basis shall have, at the end of each Fiscal Quarter, an Inventory Turnover Ratio for the 12-month period then ended of not less than 1.00 to 1.00.
Sample 1
Inventory Turnover Ratio. Borrower shall not permit its Inventory Turnover Ratio for the twelve-month period ending on the last day of each fiscal quarter of Borrower during the term of this Credit Agreement, to be less than 3.00 to 1:00.
Sample 1
AutoNDA by SimpleDocs
Inventory Turnover Ratio. The Borrower will not permit Inventory Turnover Ratio on the dates forth below to be less than the amount specified opposite such dates: ------------------------------------------------ ------------------------------- FISCAL YEAR ENDING INVENTORY TURNOVER RATIO ------------------------------------------------ ------------------------------- December 31, 1998 through the Maturity Date 2.7 to 1 ------------------------------------------------ -------------------------------
Sample 1
Inventory Turnover Ratio. Permit the ratio, calculated as at the end of any fiscal quarter of the Company and its consolidated Subsidiaries, of (i) the aggregate consolidated cost of goods sold of the Company and its consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) total Inventory (on a FIFO basis) of the Company and its consolidated Subsidiaries at the end of such fiscal quarter, to be less than 1.50:1.00.
Sample 1

Related to Inventory Turnover Ratio

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.00 to 1.0 after December 31, 2010 5.50 to 1.0

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Total Leverage Ratio The Company will not permit the Leverage Ratio as of the last day of any fiscal quarter ending during any period set forth below to exceed the ratio set forth opposite such period: Period Ratio October 1, 2002 through and including December 31, 2002 6.85 to 1.00 January 1, 2003 through and including March 31, 2003 7.50 to 1.00 April 1, 2003 through and including September 30, 2003 7.75 to 1.00 October 1, 2003 through and including December 31, 2003 7.25 to 1.00 January 1, 2004 through and including December 31, 2004 6.50 to 1.00 January 1, 2005 and thereafter 4.00 to 1.00

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Unencumbered Leverage Ratio The Parent and the Borrower shall not permit the Unencumbered Leverage Ratio to exceed 60.0% at any time; provided, however, that (I) notwithstanding the foregoing if the Covenant Relief Period ends pursuant to clause (ii) of the definition thereof, during the Ratio Adjustment Period, the Unencumbered Leverage Ratio may exceed 60.0% but shall not exceed 65.0% at any time and (II) after the Ratio Adjustment Period, the Borrower shall have the option, exercisable two times, upon written notice from the Borrower to the Administrative Agent that the Borrower is exercising such option, to elect that the Unencumbered Leverage Ratio may exceed 60.0% for a period not to exceed two (2) full fiscal quarters, such period to commence on the date set forth in such notice (such period, the “Unencumbered Leverage Ratio Surge Period”), so long as (i) the Borrower has delivered a written notice to the Administrative Agent that the Borrower is exercising its option under this subsection (a), (ii) the Unencumbered Leverage Ratio does not exceed 65.0% at any time during the Unencumbered Leverage Ratio Surge Period, (iii) the Borrower completed a Material Acquisition which resulted in such ratio (after giving effect to such Material Acquisition) exceeding 60% at any time during the fiscal quarter in which such Material Acquisition took place, and (iv) an Unencumbered Leverage Surge Period was not in effect for the fiscal quarter immediately preceding the Borrower’s election. The Borrower shall have the option to exercise both an Unencumbered Leverage Ratio Surge Period and a Leverage Ratio Surge Period in the same notice.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

Time is Money Join Law Insider Premium to draft better contracts faster.