Net Cash Ratio Sample Clauses

Net Cash Ratio. Not permit the ratio of Net Cash Generated to Total Fixed Charges for the twelve month period ending on the last day of any month during any period set forth below (or in the case of months ending on or before October 31, 1997, for the period from the Closing Date to the last day of the applicable period set forth below treated as a single accounting period) to be less than the amount set forth below opposite such period: Period Amount ------ ------ Closing Date through December 31, 1996 1.00 Closing Date through January 31, 1997 1.00 Closing Date through February 28, 1997 1.00 Closing Date through March 31, 1997 1.00 Closing Date through April 30, 1997 0.90 Closing Date through May 31, 1997 0.95 Closing Date through June 30, 1997 0.95 Closing Date through July 31, 1997 0.95 Closing Date through August 31, 1997 0.95 Closing Date through September 30, 1997 1.00 Closing Date through October 31, 1997 1.00 November 1, 1997 through December 31, 1997 1.05 January 1, 1998 through March 31, 1998 1.00 April 1, 1998 through June 30, 1998 1.04 July 1, 1998 through September 30, 1998 1.10 October 1, 1998 through December 31, 1998 1.14 January 1, 1999 through December 31, 1999 1.15 January 1, 2000 through December 31, 2000 1.18 January 1, 2001 through December 31, 2001 1.32 January 1, 2002 through December 31, 2002 1.17
Sample 1
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Net Cash Ratio. Not permit the ratio (as measured on the last day of any month beginning with the month ending on January 31, 1996) of Net Cash Generated to Total Fixed Charges for the twelve months ending on the last day of such month during each period listed below (or in the case of months ending on or before December 31, 1996, for the period from the Closing Date to the last day of such month treated as a single accounting period) to be less than the ratio listed below opposite such period: Minimum PERIOD RATIO 1/1/96 to 1/31/96 0.50 2/1/96 to 3/31/96 0.80 4/1/96 to 6/30/96 0.80 7/1/96 to 9/30/96 0.80 10/1/96 to 12/31/96 0.80 1/1/97 to 3/31/97 0.80 4/1/97 to 6/30/97 0.80 7/1/97 to 9/30/97 0.80 10/1/97 to 12/31/97 0.85 1/1/98 to 3/31/98 0.90 4/1/98 to 6/30/98 0.90 7/1/98 to 9/30/98 0.90 10/1/98 to 12/31/98 0.90 1/1/99 to 3/31/99 0.90 4/1/99 to 6/30/99 1.05 7/1/99 to 9/30/99 1.05 10/1/99 to 12/31/99 1.05 1/1/2000 to 3/31/2000 1.15 4/1/2000 to 6/30/2000 1.20 7/1/2000 to 9/30/2000 1.40 10/1/2000 to 12/31/2000 1.60
Sample 1

Related to Net Cash Ratio

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Adjusted Quick Ratio A ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue of at least 1.50 to 1.00.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • 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

  • Funded Debt Ratio Permit the Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than the ratio set forth below opposite such Fiscal Quarter or the period during which such Fiscal Quarter ends: Period/Fiscal Quarter Maximum Ratio December 31, 2002 3.50:1.00 March 31, 2003 2.60:1.00 June 30, 2003 2.50:1.00 September 30, 2003 2.00:1.00 December 31, 2003 through March 31, 2004 1.75:1.00 April 1, 2004 through December 31, 2004 1.50:1.00

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

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