Period Ratio. The last day of the second fiscal quarter of 1998 through the next to last day of the second fiscal quarter of 2000 3.75 to 1.0 The last day of the second fiscal quarter of 2000 through the next to last day of the second fiscal quarter of 2001 3.50 to 1.0 The last day of the second fiscal quarter of 2001 through the next to last day of the second fiscal quarter of 2002 3.25 to 1.0 The last day of the second fiscal quarter of 2002 and thereafter 3.00 to 1.0
Period Ratio. For the 12 month period ending on March 31, 2013 and for each twelve (12) month period ending on the last day of each fiscal quarter thereafter 1.10:1.0
Period Ratio. June 30, 2001 through December 31, 2001 2.25 to 1.00 -------------------------------------------------- -------------------------- January 1, 2002 through December 31, 2002 2.50 to 1.00 -------------------------------------------------- -------------------------- January 1, 2003 through December 31, 2003 2.75 to 1.00 -------------------------------------------------- -------------------------- January 1, 2004 and thereafter 3.00 to 1.00 -------------------------------------------------- --------------------------
Period Ratio. Each fiscal quarter ending after the Closing Date, through and including the fiscal quarter ending on or about December 31, 2006 6.50 to 1.00 From the fiscal quarter ending on or about March 31, 2007, through and including the fiscal quarter ending on or about December 31, 2007 6.25 to 1.00 Thereafter 6.00 to 1.00 For the fiscal quarters ending on or about December 31, 2005, March 31, 2006, June 30, 2006, September 30, 2006 only, for purposes of calculating the Consolidated Rent Adjusted Leverage Ratio, the Consolidated EBITDAR of the Parent Borrower for the applicable periods shall be included on a proforma basis in determining the Consolidated EBITDAR for such periods in the respective amounts set forth on Schedule 5.5. In addition, and without duplication, the Consolidated EBITDAR for the applicable period shall be adjusted to reflect the effects of Acquisitions and sale-leaseback transactions consummated during such period as provided below. For purposes of this Section 5.5(a) and Section 5.5(b) below, whether or not an Acquisition is treated as a pooling transaction, the financial results of the acquired Person or assets shall be added to the applicable financial results of the Parent Borrower in the same manner as if such transaction were a pooling transaction with such adjustments thereto as are required to reflect nonrecurring items (both positive and negative) as are approved by the Administrative Agent. With respect to any (1) Acquisition or (2) sale-leaseback transaction (or series of related transactions) involving aggregate consideration in excess of $5,000,000, the Parent Borrower shall deliver to the Administrative Agent (promptly, but in any event at least 10 Business Days prior to the closing of such Acquisition or sale-leaseback transaction), (i) in the case of an Acquisition, the financial reports of the acquired Person or assets, which reports must be (A) audited or reviewed financial reports prepared by an independent certified public accounting firm, or (B) otherwise approved by the Administrative Agent and (ii) in either case, a Compliance Certificate demonstrating the following:
Period Ratio. Each fiscal quarter ending after the Closing Date, through and including the fiscal quarter ending on or about December 31, 2006 1.15 to 1.00 From the fiscal quarter ending on or about March 31, 2007, through and including the fiscal quarter ending on or about December 31, 2007 1.20 to 1.00 Thereafter 1.25 to 1.00 For the fiscal quarters ending on or about December 31, 2005, March 31, 2006, June 30, 2006, September 30, 2006 only, for purposes of calculating the Consolidated Fixed Charge Coverage Ratio, the Consolidated EBITDAR of the Parent Borrower for the applicable periods shall be included on a proforma basis in determining the Consolidated EBITDAR for such periods in the respective amounts set forth on Schedule 5.5. In addition, and without duplication, the Consolidated EBITDAR for the applicable period shall be adjusted to reflect the effects of Acquisitions and sale-leaseback transactions consummated during such period as provided above.
Period Ratio. For any fiscal quarter 0.70 to 1.00 period occurring from the Amendment Effective Date through the last day of fiscal year 1997 of Xxxx For any fiscal quarter 0.65 to 1.00 occurring from the first day of fiscal year 1998 of Xxxx through the last day of such fiscal year For any fiscal quarter 0.60 to 1.00 period occurring from the first day of fiscal year 1999 of Xxxx and thereafter 7.12
Period Ratio. The second Fiscal Quarter of Fiscal Year 2001 1.70 to 1
Period Ratio. March 1, 1997 through November 30, 1997 3.25:1.0 March 1, 1997 through February 28, 1998 3.25:1.0 For each 12 month period ending May 31 during each subsequent fiscal year 3.25:1.0 For each 12 month period ending August 31 during each subsequent fiscal year 3.25:1.0 For each 12 month period ending November 30 during each subsequent fiscal year 3.25:1.0 For each 12 month period ending February 28/29 during each subsequent fiscal year 3.25:1.0
Period Ratio. December 31, 2009 and at the end of each fiscal year of the Co-Borrowers thereafter 1.20:1.00
Period Ratio. From (and including) the date of this Agreement to (and including) 30 June 2003 4.00:1 1 July 2003 — 31 December 2003 3.50:1 1 January 2004 — 30 June 2004 3.00:1 Thereafter 3.00:1
