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 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: Test Period Ratio January 1, 2004 – December 30, 2004 3.25 to 1.00 December 31, 2004 – December 30, 2005 3.50 to 1.00 December 31, 2005 – December 30, 2006 3.75 to 1.00 December 31, 2006 and thereafter 4.00 to 1.00
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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: Test Period Ratio January 1, 2007 — June 29, 2007 1.40 to 1.00 June 30, 2007 — September 29, 2007 1.05 to 1.00 September 30, 2007 — December 30, 2007 0.80 to 1.00 December 31, 2007 — March 30, 2008 0.90 to 1.00 March 31, 2008 — June 29, 2008 1.05 to 1.00 June 30, 2008 — September 29, 2008 1.20 to 1.00 September 30, 2008 — December 30, 2008 1.25 to 1.00 December 31, 2008 — March 30, 2009 1.30 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 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
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
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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 to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Maintenance of Effective Leverage Ratio For so long as the Fund fails to provide the information required under Sections 6.1(o) and 6.1(p), Xxxxx Fargo shall calculate, for purposes of Section 2.5(b)(ii)(A)(y) of the Statement, the Effective Leverage Ratio using the most recently received information required to be delivered pursuant to Sections 6.1(o) and 6.1(p) and the market values of securities determined by the third-party pricing service which provided the market values to the Fund on the most recent date that information was properly provided by the Fund pursuant to the requirements of Section 6.1(o) and 6.1(p). The Effective Leverage Ratio as calculated by Xxxxx Fargo in such instances shall be binding on the Fund. If required, the Fund shall restore the Effective Leverage Ratio as provided in the Statement. For purposes of calculating the Effective Leverage Ratio, any Overconcentration Amount shall be subtracted from the sum determined pursuant to sub-section (ii) of the definition of Effective Leverage Ratio, set out in Section 2.4(d) of the Statement. In connection with calculating the Effective Leverage Ratio, the Fund’s total assets and accrued liabilities shall reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies.

  • 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.

  • Consolidated Debt Service Coverage Ratio Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25:1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • 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 Not permit the Debt Service Coverage Ratio on the last day of each Fiscal Quarter to be less than 3.50 to 1.00.

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