Maintenance of Consolidated Interest Coverage Ratio Sample Clauses

Maintenance of Consolidated Interest Coverage Ratio. Permit, for any period of four consecutive fiscal quarters of the Borrower, the Consolidated Interest Coverage Ratio at the last day of such consecutive fiscal quarter period of the Borrower to be less than the correlative ratio set forth below: Fiscal Quarter Ratio June 30, 2013 2.25:1.00 September 30, 2013 2.25:1.00 December 31, 2013 2.25:1.00 March 31, 2014 2.25:1.00 June 30, 2014 and thereafter 2.50:1.00
Sample 1See All (5)
Maintenance of Consolidated Interest Coverage Ratio. Permit at the end of each fiscal quarter of the Borrower a Consolidated Interest Coverage Ratio of less than 5.00x.
Sample 1Sample 2Sample 3
Maintenance of Consolidated Interest Coverage Ratio. Permit, for any period of four consecutive fiscal quarters of the Parent Borrower ending during any test period set forth below, the Consolidated Interest Coverage Ratio at the last day of such consecutive fiscal quarter period to be less than the ratio set forth opposite such test period below: January 1, 2004 – December 30, 2004 3.25 to 1.00 December 31, 2004 – September 29, 2005 3.00 to 1.00 September 30, 2005 – March 30, 2006 2.75 to 1.00 March 31, 2006 – March 30, 2007 2.50 to 1.00 March 31, 2007 – September 29, 2007 3.00 to 1.00 September 30, 2007 – March 30, 2008 3.25 to 1.00 March 31, 2008 – March 30, 2009 3.75 to 1.00 March 31, 2009 and thereafter 4.00 to 1.00
Sample 1
Maintenance of Consolidated Interest Coverage Ratio. So long as the Securities are outstanding, the Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly permit the Consolidated Interest Coverage Ratio for any period of four consecutive fiscal quarters of the Company ending with any fiscal quarter set forth below to be less than the ratio set forth below opposite such fiscal quarter: Consolidated Coverage Fiscal Quarter Interest Ratio -------------- --------------
Sample 1
Maintenance of Consolidated Interest Coverage Ratio. Permit, at the last day of any fiscal quarter ending during any test period set forth below, the Consolidated Interest Coverage Ratio to be less than the ratio set forth opposite such test period below: Test Period Ratio ----------- ----- Effective Date - December 25, 1999 1.65 to 1.00 December 26, 1999 - December 30, 2000 1.80 to 1.00 86 December 31, 2000 - December 29, 2001 2.00 to 1.00 December 30, 2001 - December 28, 2002 2.35 to 1.00 December 29, 2002 - December 27, 2003 2.65 to 1.00 Thereafter 3.00 to 1.00 provided that in the event that the Parent Borrower changes its fiscal year end to the last day of December, the foregoing test periods for each fiscal year of the Parent Borrower occurring after such change shall be deemed to commence on January 1 of the applicable fiscal year and end on December 31 of such fiscal year (e.g., the test period from December 31, 2000 through December 29, 2001 would become the period from January 1, 2001 through December 31, 2001).
Sample 1
Maintenance of Consolidated Interest Coverage Ratio. Not permit, for any period of four consecutive fiscal quarters of Dal-Tile International ending on the last day of any fiscal quarter of Dal-Tile International, the Consolidated Interest Coverage Ratio of Dal-Tile International for such period to be less than 2.50 to 1.00.
Sample 1
Maintenance of Consolidated Interest Coverage Ratio. Permit, at the last day of any fiscal quarter ending during any test period set forth below, the Consolidated Interest Coverage Ratio for the period of four consecutive fiscal quarters ending on such date (or, if less than four full fiscal quarters shall have begun after and elapsed since the Effective Date, then for all such fiscal quarters beginning after the Effective Date that shall have elapsed since the Effective Date), to be less than the ratio set forth opposite such test period below: Test Period Ratio ----------- ----- Effective Date - last day of the third quarter ending in January 1999 1.50 to 1.00 First day of the fourth quarter beginning in January/February 1999 - last day of the third quarter ending in 2000 1.75 to 1.00 First day of the fourth quarter beginning in January/February 2000 - last day of the third quarter ending in January 2001 2.00 to 1.00 First day of the fourth quarter beginning in January/February 2001 - last day of the third quarter ending in January 2002 2.25 to 1.00 First day of the fourth quarter beginning in January/February 2002 - last day of the third quarter ending in January 2005 2.50 to 1.00 Thereafter 2.75 to 1.00
Sample 1

Related to Maintenance of Consolidated Interest Coverage Ratio

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio at the end of any fiscal quarter (calculated as of the end of each such fiscal quarter for the four-fiscal quarter period ending on such date) to be less than 3.00 to 1.00.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 2.5 to 1.0.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Debt Service Coverage Ratio Calculation: If school owns its facility or if the school leases its facility and the lease is capitalized: (Net Income + Depreciation Expense + Interest Expense) divided by (Principal + Interest + Lease Payments) If school leases its facility and the lease is not capitalized: (Facility Lease Payments + Net Income + Depreciation Expense + Interest Expense) divided by (Principal + Interest + Lease Payments) Data Source: Annual Fiscal Audit Report

  • Coverage Ratio The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 to 1.00 for any period of four consecutive fiscal quarters.

  • Cash Flow Coverage Ratio The ratio of (a) the Company’s Cash Flow to (b) the sum of (i) the Company’s consolidated Interest Expense plus (ii) the Company’s scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • 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.