Minimum Fixed Charge Ratio. As of the last day of any fiscal quarter, the Fixed Charge Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.5 to 1.0; and
Minimum Fixed Charge Ratio. The ratio of the Parent’s Consolidated Adjusted EBITDA to (ii) Consolidated Fixed Charges, for the fiscal quarter then ended, to be equal to or less than 1.50 to 1.0.
Minimum Fixed Charge Ratio. The ratio of (i) EBITDA for the fiscal quarter of the Borrower most recently ended to (ii) Fixed Charges for such period, to be less than 1.75 to 1.00 at any time.
Minimum Fixed Charge Ratio. As of the end of any fiscal quarter during any period set forth in the table below, permit the ratio of:
(i) the sum of (A) Adjusted EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date plus (B) the aggregate amount of Lease Expense of the Parent and its Subsidiaries for such period of four (4) consecutive fiscal quarters plus (C) Unconsolidated Lease Expense of the Unconsolidated Entities for such period of four (4) consecutive fiscal quarters minus (D) Lease Expense of the Developmental Pool (to the extent added above) for such period of four (4) consecutive fiscal quarters, to
(ii) the sum of:
(A) the aggregate amount of Cash Interest Expense of the Parent and its Subsidiaries for such period of four (4) consecutive fiscal quarters plus the aggregate amount of Unconsolidated Cash Interest Expense of the Unconsolidated Entities for such period of four (4) consecutive fiscal quarters minus the aggregate amount of Cash Interest Expense of the Developmental Pool (to the extent added above) for such period of four (4) consecutive fiscal quarters minus the aggregate amount of Cash Interest Expense paid by the Parent, its Subsidiaries and each Unconsolidated Entity to FinCx xxx such period of four (4) consecutive fiscal quarters plus or minus the aggregate amount of certain adjustments related to Cash Interest Expense approved by the Administrative Agent and the Lenders as set forth on Schedule 12(a)(ii)(B); plus
(B) the aggregate amount of Permanent Principal Payments of the Parent and its Subsidiaries for such period of four (4) consecutive fiscal quarters plus the aggregate amount of Unconsolidated Permanent Principal Payments of the Unconsolidated Entities for such period of four (4) consecutive fiscal quarters minus the aggregate amount of Permanent Principal Payments of the Developmental Pool (to the extent added above) for such period of four (4) consecutive fiscal quarters plus or minus the aggregate amount of certain adjustments related to Permanent Principal Payments approved by the Administrative Agent and the Lenders as set forth on Schedule 12(a)(ii)(B); plus
(C) the aggregate amount of Lease Expense of the Parent and its Subsidiaries for such period of four (4) consecutive fiscal quarters plus the aggregate amount of Unconsolidated Lease Expense of the Unconsolidated Entities for such period of four (4) consecutive fiscal quarters minus the aggregate amount of Lease Expense of the Developmental...
Minimum Fixed Charge Ratio. Consolidated EBITDA for the four (4) fiscal quarters ending on the Statement Date (the “Subject Period”) (See Schedule 2): $
Minimum Fixed Charge Ratio. As of the last day of any fiscal quarter, the ratio of (i) Consolidated EBITDA to (ii) Consolidated Fixed Charges, in each case for the Companies, on a consolidated basis, for the period of the four (4) fiscal quarters then ended, to be less than 1.65 to 1.0. Notwithstanding the foregoing, (x) Consolidated EBITDA and Consolidated Fixed Charges for the period ending September 30, 2010 shall be the Consolidated EBITDA and Consolidated Fixed Charges for the three (3) month period then ended times four (4), (y) Consolidated EBITDA and Consolidated Fixed Charges for the period ending December 31, 2010 shall be the Consolidated EBITDA and Consolidated Fixed Charges for the six (6) month period then ended times two (2), and (z) Consolidated EBITDA and Consolidated Fixed Charges for the period ending March, 2011 shall be the Consolidated EBITDA and Consolidated Fixed Charges for the nine (9) month period then ended times 1.33.
Minimum Fixed Charge Ratio. Subsection 7.6A of the Credit Agreement is hereby amended by deleting it in its entirety and substituting the following therefor:
Minimum Fixed Charge Ratio. Company shall not permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Fixed Charges for any four-Fiscal Quarter period ending on any of the dates set forth below to be less than the correlative ratio indicated: PERIOD MINIMUM FIXED CHARGE RATIO December 31, 1999 0.75:1.00 March 31, 2000 0.90:1.00 June 30, 2000 0.95:1.00 September 30, 2000 1.05:1.00 December 31, 2000 1.15:1.00 March 31, 2001 1.20:1.00 June 30, 2001 1.25:1.00 September 30, 2001 1.30:1.00 December 31, 2001 1.40:1.00 March 31, 2002 1.50:1.00 June 30, 2002 1.50:1.00 September 30, 2002 1.50:1.00 December 31, 2002 1.50:1.00 and thereafter ; PROVIDED that Company shall not be subject to a minimum ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Fixed Charges for the four-Fiscal Quarter periods ending on March 31, 1999, June 30, 1999 and September 30, 1999 only."
Minimum Fixed Charge Ratio. Company shall not permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Fixed Charges for any four-Fiscal Quarter period ending during any of the periods set forth below to be less than the correlative ratio indicated: PERIOD MINIMUM FIXED CHARGE RATIO 1st Fiscal Quarter, 1998 1.20:1.00 2nd Fiscal Quarter, 1998 1.20:1.00 3rd Fiscal Quarter, 1998 1.20:1.00 4th Fiscal Quarter, 1998 1.75:1.00 1st Fiscal Quarter, 1999 1.75:1.00 2nd Fiscal Quarter, 1999 1.75:1.00 3rd Fiscal Quarter, 1999 1.75:1.00 4th Fiscal Quarter, 1999 1.75:1.00 1st Fiscal Quarter, 2000 1.80:1.00 2nd Fiscal Quarter, 2000 1.80:1.00 3rd Fiscal Quarter, 2000 1.80:1.00 4th Fiscal Quarter, 2000 1.80:1.00 1st Fiscal Quarter, 2001 1.85:1.00 2nd Fiscal Quarter, 2001 1.85:1.00 3rd Fiscal Quarter, 2001 1.85:1.00 4th Fiscal Quarter, 2001 1.90:1.00 1st Fiscal Quarter, 2002 2.00:1.00 2nd Fiscal Quarter, 2002 2.00:1.00 3rd Fiscal Quarter, 2002 2.00:1.00 4th Fiscal Quarter, 2002 2.00:1.00 1st Fiscal Quarter, 2003 2.00:1.00 2nd Fiscal Quarter, 2003 2.00:1.00
Minimum Fixed Charge Ratio. Permit the Fixed Charge Ratio of the Domestic Business of the Borrower and its U.S. Subsidiaries to be less than 1.25 to 1.0 as of the last day of each fiscal year (commencing with the month ending December 31, 1996), in each case computed for the twelve monthly periods then ending.
