Common use of Minimum Fixed Charge Coverage Clause in Contracts

Minimum Fixed Charge Coverage. Permit the Fixed Charge Coverage Ratio for each period of four consecutive Fiscal Quarters ending on and after December 31, 1999, to be less than 1.20 to 1.

Appears in 2 contracts

Samples: Loan and Security Agreement (Winston Furniture Co of Alabama Inc), Loan and Security Agreement (Winsloew Furniture Inc)

AutoNDA by SimpleDocs

Minimum Fixed Charge Coverage. Permit As of the end of each fiscal quarter during the periods set forth below, permit the Fixed Charge Coverage Ratio for each period of four consecutive Fiscal Quarters ending on and after December 31, 1999, to be less than 1.20 1.2 to 1.

Appears in 2 contracts

Samples: Credit Agreement (Donegal Group Inc), Credit Agreement (Donegal Group Inc)

AutoNDA by SimpleDocs

Minimum Fixed Charge Coverage. Permit the Maintain at all times a ratio of Minimum Fixed Charge Coverage Ratio of greater than 1.20 to 1 for each any period of four (4) consecutive Fiscal Quarters ending on and fiscal quarters (or if such period does not include four full fiscal quarters after December 31the Closing Date, 1999, to be less than 1.20 to 1for the number of full fiscal quarters which have elapsed since the Closing Date). "6.6.

Appears in 1 contract

Samples: Credit, Term Loan And Security Agreement (Measurement Specialties Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.