Common use of Maintain Fixed Charge Coverage Ratio Clause in Contracts

Maintain Fixed Charge Coverage Ratio. On a Consolidated basis, maintain as of the end of each fiscal period, as applicable, shown in the most recent financial statement delivered by the Company pursuant to Section 7.3(b) and Section 7.3(c), as applicable, a Fixed Charge Coverage Ratio of not less than 2.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Credit Acceptance Corp), Credit Agreement (Credit Acceptance Corp)

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Maintain Fixed Charge Coverage Ratio. On a Consolidated basis, maintain as of the end of each fiscal period, as applicable, shown in the most recent financial statement delivered by the Company pursuant to Section 7.3(b) and Section 7.3(c), as applicable, quarter a Fixed Charge Coverage Ratio of not less than 2.0 2.5 to 1.01.

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corporation)

Maintain Fixed Charge Coverage Ratio. On a Consolidated basis, maintain as of the end of each fiscal period, as applicable, shown in the most recent financial statement delivered by the Company pursuant to Section 7.3(b) and Section 7.3(c), as applicable, quarter a Fixed Charge Coverage Ratio of not less than 2.0 to 1.0.”

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corp)

Maintain Fixed Charge Coverage Ratio. On a Consolidated basis, maintain as of the end of each fiscal period, as applicable, shown in the most recent financial statement delivered by the Company pursuant to Section 7.3(b) and Section 7.3(c), as applicable, quarter a Fixed Charge Coverage Ratio of not less than 2.0 to 1.0.than:

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corporation)

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Maintain Fixed Charge Coverage Ratio. On a Consolidated basis, maintain as of the end of each fiscal period, as applicable, shown in the most recent financial statement delivered by the Company pursuant to Section 7.3(b) and Section 7.3(c), as applicable, quarter a Fixed Charge Coverage Ratio of not less than 2.0 1.75 to 1.0."

Appears in 1 contract

Samples: Credit Agreement (Credit Acceptance Corporation)

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