Minimum Consolidated Coverage Ratio Sample Clauses

Minimum Consolidated Coverage Ratio. Permit the Consolidated Coverage Ratio during any period to be less than the amount specified for such period in Schedule 4.3(c).
Sample 1Sample 2Sample 3
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Minimum Consolidated Coverage Ratio. (a) Net income for the period $ (b) Income tax expense $
Sample 1
Minimum Consolidated Coverage Ratio. The Borrower will not permit the Consolidated Coverage Ratio for any Test Period ending on the last day of a fiscal quarter described below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ended Closest to Ratio ------------------------------- ----- October 31, 1999 2.00:1.00 January 31, 2000 2.00:1.00 April 30, 2000 2.00:1.00 July 31, 2000 2.00:1.00 October 31, 2000 2.00:1.00 January 31, 2001 2.00:1.00 April 30, 2001 2.00:1.00 July 31, 2001 2.00:1.00 October 31, 2001 2.00:1.00 January 31, 2002 2.00:1.00 April 30, 2002 2.25:1.00 July 31, 2002 2.25:1.00 October 31, 2002 2.25:1.00 January 31, 2003 2.25:1.00 April 30, 2003 2.25:1.00 July 31, 2003 2.25:1.00 October 31, 2003 2.25:1.00 January 31, 2004 2.25:1.00 April 30, 2004 2.25:1.00 July 31, 2004 2.25:1.00
Sample 1
Minimum Consolidated Coverage Ratio. So long as any of the Obligations shall remain unpaid or any Bank shall have any Commitment under this Agreement, the Company shall maintain a Consolidated Coverage Ratio, determined as of the end of each of its fiscal quarters ending on and after December 31, 2011 and for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, of greater than 2.0 to 1.0.
Sample 1

Related to Minimum Consolidated 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.

  • 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.

  • 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.

  • 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 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”).

  • 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 Debt Service Coverage Ratio As of the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2021, the Borrowers shall not permit the Debt Service Coverage Ratio, determined on a consolidated basis for the Consolidated Parties, to be less than 2.00 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.

  • 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.

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