Minimum Consolidated Cash Flow Coverage Ratio Sample Clauses

Minimum Consolidated Cash Flow Coverage Ratio. Borrower will have and maintain a Consolidated Cash Flow Coverage Ratio of at least (i) 0.85 to 1.0 at all times up to and including June 30, 1996, (ii) 0.70 to 1.0 at all times during the period commencing July 1, 1996 and ending June 30, 1997, (iii) 0.85 to 1.0 at all times during the period commencing July 1, 1997 and ending September 30, 1997, (iv) 0.90 to 1.0 at all times during the period commencing October 1, 1997 and ending September 30, 1998, (v) 1.05 to 1.0 at all time during the period commencing October 1, 1998 and ending September 30, 1999, and (vi) 1.10 to 1.0 at all times from and after October 1, 1999.
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Minimum Consolidated Cash Flow Coverage Ratio. Borrower will have and maintain a Consolidated Cash Flow Coverage Ratio of at least (i) 0.70 to 1.0 at all times during the period commencing July 1, 1996 and ending June 30, 1997, (ii) 0.75 to 1.0 at all times during the period commencing July 1, 1997 and ending September 30, 1997, (iii) .80 to 1.0 at all times during the period commencing October 1, 1997 and ending December 31, 1997, (iv) 0.85 to 1.0 at all times during the period commencing January 1, 1998 and ending September 30, 1998, (v) .90 to 1.0 at all times during the period commencing October 1, 1998 and ending September 30, 1999 and (vi) 1.0 to 1.0 during the period commencing October 31, 1999 and ending September 30, 2000. For purposes of this Section, Capital Expenditures included in the definition of "Consolidated Cash Flow Coverage Ratio" shall not include expenditures financed with direct or indirect proceeds from industrial revenue bonds or similar indebtedness.
Sample 1
Minimum Consolidated Cash Flow Coverage Ratio. In the event of an Consolidated Cash Flow Coverage Ratio Testing Event, then the Borrowers shall not permit the Consolidated Cash Flow Coverage Ratio of the Borrowers and their consolidated Subsidiaries as of the most recently ended Fiscal Quarter to be less than 1.00 to 1.00, provided, however, that if: (i) the Borrowers' Excess Availability is no less than Ten Million Dollars ($10,000,000) for a period of sixty (60) consecutive days after a Consolidated Cash Flow Coverage Ratio Testing Event and (ii) no Event of Default has occurred and is continuing, then the Borrowers shall not be subject to this financial covenant unless and until the occurrence of a subsequent Consolidated Cash Flow Coverage Ratio Testing Event.
Sample 1

Related to Minimum Consolidated Cash Flow Coverage Ratio

  • 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 1.0. 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Minimum Consolidated Net Worth Permit the Consolidated Net Worth of the Company at the end of any fiscal quarter to be less than US$11,250,000,000 (“Minimum Amount”).

  • 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.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

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