NET CASH RATIO Sample Clauses

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
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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

Related to NET CASH RATIO

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Adjusted Leverage Ratio The Borrower shall not permit the Adjusted Leverage Ratio as at the end of any Fiscal Quarter to be greater than the following for the respective periods set forth below: Period Adjusted Leverage Ratio Closing Date to and including March 27, 2004 3.75:1.00 March 28, 2004 to and including June 26, 2004 4.75:1.00 June 27, 2004 to and including July 2, 2005 5.60:1:00 July 3, 2005 and any time thereafter 5.25:1.00

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Adjusted Quick Ratio A ratio of Quick Assets to Total Liabilities minus Deferred Revenue of at least 1.5 to 1.0; and

  • 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.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 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

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