Maximum Fixed Charge Coverage Ratio Sample Clauses

Maximum Fixed Charge Coverage Ratio. The Parent shall not permit the ratio of (i) Adjusted EBITDA for any period of 12 consecutive calendar months ending during the term of this Agreement to (ii) Fixed Charges of the Parent and its Subsidiaries determined on a consolidated basis for such period, to be less than 1.40 to 1.00 at any time.
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Maximum Fixed Charge Coverage Ratio. As of the ----------------------------------- end of each Fiscal Quarter, Borrower shall not permit the ratio of (a) its EBITDAR to (b) the sum of (x) Interest Expense during the period specified below and (y) Rental Expense paid during such period to be less than (i) 1.75 to 1.00 for the four (4) Fiscal Quarter periods ending December 25, 1999; (ii) 1.75 to 1.00 for the one (1) Fiscal Quarter period ending March 25, 2000; (iii) 1.75 to 1.00 for the two (2) Fiscal Quarter periods ending June 24, 2000; (iv) 2.00 to 1.00 for the three (3) Fiscal Quarter periods ending September 30, 2000; or (v) 2.50 to 1.00 for the four (4) Fiscal Quarter period ending December 28, 2000, or any four (4) Fiscal Quarter period ending thereafter.
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Maximum Fixed Charge Coverage Ratio. EBITDA for the Subject Period (Line VI.B.13. above): $______________
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Maximum Fixed Charge Coverage Ratio. The Borrower will not permit the ratio of Consolidated EBITDA plus operating lease expense to Fixed Charges for any period of four (4) consecutive fiscal quarters to be less than 1.50:1.00. For purposes of this §10, “Fixed Charges” includes cash interest expense, plus operating lease expense, plus principal payments on amortizing long-term debt and Capital Leases. For purposes of this Credit Agreement, “Capital Leases” means leases under which the Borrower or any of its Subsidiaries is the lessee or obligor, the discounted future rental payment obligations under which are required to be capitalized on the balance sheet of the lessee or obligor in accordance with GAAP.
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Maximum Fixed Charge Coverage Ratio. Section 6.1
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Related to Maximum Fixed Charge Coverage Ratio

  • Minimum Fixed Charge Coverage Ratio As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2015, Borrowers will maintain a Fixed Charge Coverage Ratio of not less than 1.20 to 1.00.

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter for the four fiscal quarters ending on that date, to be less than 1.25 to 1.0.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Minimum Fixed Charge Coverage The ratio of (a) Adjusted EBIT for any Rolling Four Quarter Period to (b) Fixed Charges for the same Rolling Four Quarter Period, to be less than 1.50 to 1.00.

  • Fixed Charge Ratio Maintain a Fixed Charge Ratio as determined as of each Calculation Date of not less than 1.50: 1. The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.

  • Fixed Charge Coverage As of the last day of each calendar quarter, the ratio of (x) Annual EBITDA, less reserves for Capital Expenditures of (i) $.30 per square foot per annum for each Real Property Asset that is an office property and (ii) $.15 per square foot per annum for each Real Property Asset that is an industrial property, to (y) the sum of (i) Total Debt Service and (ii) dividends or other payments payable by the General Partner with respect to any preferred stock issued by the General Partner and distributions or other payments payable by the Borrower with respect to any preferred partnership units of the Borrower, will not be less than 1.5:1.0.

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower'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.

  • 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.

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