Common use of Minimum Fixed Charge Coverage Clause in Contracts

Minimum Fixed Charge Coverage. The consolidated Fixed Charge Coverage Ratio of the Borrower and its Consolidated Subsidiaries for any fiscal period described below to be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- the four consecutive Fiscal Quarters ending 1.10 to 1 September 30, 2000 the Fiscal Quarter ending December 31, 2000 1.20 to 1 the two Fiscal Quarter period ending March 31, 2001, the three Fiscal Quarter period ending June 30, 2001, 1.25 to 1 and the four consecutive Fiscal Quarters ending September 30, 2001 the four consecutive Fiscal Quarters ending December 31, 2001 and the last day of each 1.40 to 1 Fiscal Quarter ending thereafter

Appears in 1 contract

Samples: Nabi /De/

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Minimum Fixed Charge Coverage. The consolidated Fixed Charge Coverage Ratio of the Borrower and its Consolidated Subsidiaries for as of the end of any fiscal Fiscal Quarter ending during any period described below to be less than the ratio set forth below opposite such period: PERIOD RATIO ------ ----- the four consecutive Fiscal Quarters ending 1.10 to 1 September 30, 2000 the Fiscal Quarter ending December 31, 2000 1.20 1997 .36 to 1 1; the two consecutive Fiscal Quarter period Quarters ending March 31, 2001, 1998 .52 to 1; the three consecutive Fiscal Quarter period Quarters ending June 30, 2001, 1.25 1998 .62 to 1 and 1; the four consecutive Fiscal Quarters ending September 30, 2001 1998 .76 to 1; the four consecutive Fiscal Quarters ending December 31, 2001 and the last day of 1998 1.0 to 1; each 1.40 to 1 four consecutive Fiscal Quarter period ending thereafterduring Fiscal Year 1999 1.1 to 1; or each four consecutive Fiscal Quarter period ending thereafter 1.25 to 1.

Appears in 1 contract

Samples: Loan and Security Agreement (Nabi /De/)

Minimum Fixed Charge Coverage. The consolidated Fixed Charge Coverage Ratio of the Borrower and its Consolidated Subsidiaries for as of the end of any fiscal Fiscal Quarter ending during any period described below to be less than the ratio set forth below opposite such period: PERIOD RATIO Period Ratio ------ ----- the four consecutive Fiscal Quarters ending 1.10 .89 to 1 September 30, 2000 the Fiscal Quarter ending December 31, 2000 1.20 to 1 1998 the two consecutive Fiscal Quarter period ending March 31, 2001, the three Fiscal Quarter period Quarters ending June 30, 2001, 1.25 1999 .54 to 1 and 1; the four three consecutive Fiscal Quarters ending September 30, 2001 1999 1.05 to 1; the four consecutive Fiscal Quarters ending December 31, 2001 and the last day of each 1999 1.40 to 1 1; or each four consecutive Fiscal Quarter period ending thereafterthereafter 1.40 to 1.

Appears in 1 contract

Samples: Loan and Security Agreement (Nabi /De/)

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Minimum Fixed Charge Coverage. The consolidated Fixed Charge Coverage Ratio of the Borrower and its Consolidated Subsidiaries for as of the end of any fiscal Fiscal Quarter ending during any period described below to be less than the ratio set forth below opposite such period: PERIOD RATIO Period Ratio ------ ----- the four two consecutive Fiscal Quarters ending 1.10 to 1 September 30, 2000 the Fiscal Quarter ending December 31, 2000 1.20 to 1 the two Fiscal Quarter period ending March 31, 2001, the three Fiscal Quarter period ending June 30, 2001, 1.25 1998 0.33 to 1 and 1; the four three consecutive Fiscal Quarters ending September 30, 2001 1998 .70 to 1; the four consecutive Fiscal Quarters ending December 31, 2001 and the last day of 1998 .89 to 1; each 1.40 to 1 four consecutive Fiscal Quarter period ending thereafterduring Fiscal Year 1999 1.1 to 1; or each four consecutive Fiscal Quarter period ending thereafter 1.25 to 1.

Appears in 1 contract

Samples: Loan and Security Agreement (Nabi /De/)

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