Common use of Minimum Fixed Charge Coverage Clause in Contracts

Minimum Fixed Charge Coverage. The Company will not permit the Fixed Charge Coverage Ratio for any Computation Period to be less than the ratio set forth below opposite the period in which such Computation Period ends: Period Ratio ------ ----- March 31, 1996 through September 30, 1997 1.00 to 1 December 31, 1997 through September 30, 1998 1.05 to 1 December 31, 1998 through September 30, 1999 1.10 to 1 Thereafter 1.15 to 1

Appears in 1 contract

Samples: Credit Agreement (Fiberite Holdings Inc)

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Minimum Fixed Charge Coverage. The Company will not permit the Fixed Charge Coverage Ratio for any Computation Period to be less than the ratio set forth below opposite the period in which such Computation Period ends: Period Ratio ------ ----- March 31, 1996 through September 30, 1997 Restatement Date - 3/26/00 ***:1.00 to 1 December 31, 1997 through September 30, 1998 1.05 to 1 December 31, 1998 through September 30, 1999 1.10 to 1 Thereafter 1.15 to 16/30/00 - 3/31/01 ***:1.00 6/30/01 - 3/31/02 ***:1.00 6/30/02 - 3/31/03 ***:1.00 6/30/03 - 3/31/04 ***:1.00 6/30/04 and thereafter ***:1.00.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

Minimum Fixed Charge Coverage. The Company will not permit the Fixed Charge Coverage Ratio for any Computation Period to be less than the ratio set forth below opposite the period in which such Computation Period ends: Period Ratio ------ ----- March 31, 1996 through September 30, 1997 1.00 to 1 December 31, 1997 through September 30, 1998 1.05 to 1 December 31, 1998 through September 30, 1999 1.10 to 1 Thereafter 1.15 to 16/30/97 - 9/26/99 1.20:1.0 12/26/99 - 3/26/00 1.25:1.0 6/30/00 - 4/01/01 1.30:1.0 6/30/01 - 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 6/30/04 and 1.50:1.0. thereafter

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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Minimum Fixed Charge Coverage. The Company will not permit the Fixed Charge Coverage Ratio for any Computation Period to set forth herein shall not be less than the ratio set forth below opposite the period in which such Computation Period ends: Period Ratio ------ ----- March December 20, 2002 through the fiscal year 1.40:1.00 ending closest to April 30,2005 July 31, 1996 through September 30, 1997 1.00 to 1 December 31, 1997 through September 30, 1998 1.05 to 1 December 31, 1998 through September 30, 1999 1.10 to 1 Thereafter 1.15 to 12005 and thereafter 1.50:1.00

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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