Common use of Pro Forma Debt Service Coverage Ratio Clause in Contracts

Pro Forma Debt Service Coverage Ratio. The Pro Forma Debt Service Coverage Ratio as of the end of each fiscal quarter of the Borrower for the fiscal quarter then ending shall not be less than 2:25 to 1:00.

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

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Pro Forma Debt Service Coverage Ratio. The Pro Forma Debt Service Coverage Ratio Borrower shall maintain, on a consolidated basis for itself and the Subsidiaries, as of the end of each fiscal quarter quarter, commencing December 31, 1999, a Pro Forma Debt Service Coverage Ratio of not less than the Borrower for ratio set forth below opposite the date on which such fiscal quarter then ending shall not be less than 2:25 to 1:00.ends: FISCAL QUARTER END RATIO ------------------ ----- 6/30/99, 9/30/99, 12/31/99 and 3/31/00 1.05:1.00 6/30/00 1.10:1.00 9/30/00 and thereafter 1.15:1.00

Appears in 1 contract

Samples: Credit Agreement (Tri State Outdoor Media Group Inc)

Pro Forma Debt Service Coverage Ratio. The Pro Forma Debt Service Coverage Ratio Borrower shall maintain, on a consolidated basis for itself and the Subsidiaries, as of the end of each fiscal quarter of quarter, 47 59 a Pro Forma Debt Service Coverage Ratio not less than the Borrower for ratio set forth opposite the date on which such fiscal quarter then ending shall not be less than 2:25 to 1:00.ends: DATE RATIO ---- ----- 12/31/98 1.05:1.00 3/31/99 1.20:1.00 6/30/99 1.00:1.00 9/30/99 and each 1.15:1.00 fiscal quarter end thereafter

Appears in 1 contract

Samples: Credit Agreement (Tri State Outdoor Media Group Inc)

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Pro Forma Debt Service Coverage Ratio. The Holdings and its Subsidiaries shall maintain on a consolidated basis at the end of each Fiscal Quarter set forth below, commencing with the Fiscal Quarter ending March 31, 2005, a Pro Forma Debt Service Coverage Ratio as of the end such date, of each fiscal quarter of the Borrower for the fiscal quarter then ending shall not be less than 2:25 2.50 to 1:001.0.

Appears in 1 contract

Samples: Credit Agreement (Devcon International Corp)

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