Ratio of Consolidated Sample Clauses
Ratio of Consolidated. Adjusted Net Income to Consolidated Interest ------------------------------------------------------------------ Expense. The Borrower will maintain, as at the last day of each fiscal quarter, ------- a ratio of (i) Consolidated Adjusted Net Income to (ii) Consolidated Interest Expense, in each case calculated for the four fiscal quarters then ending, of not less than 3.0 to 1.0.
Ratio of Consolidated. EBIDTA to Consolidated Total Fixed Charges B. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges B, be less than 125%. “Consolidated Total Fixed Charges B” shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments ---- and balloon or bullet payments at maturity) and plus (3) dividends and distributions, if any, paid or ---required to be paid on preferred stock, preferred partnership interests or other preferred equity of PGRT.
Ratio of Consolidated. Total Liabilities to Consolidated ------------------------------------------------------- Tangible Net Worth. The Company will not permit the ratio of Consolidated ------------------- Total Liabilities to Consolidated Tangible Net Worth to exceed 1.25:1 at any time."
(b) Section 11.7 is hereby amended to read in its entirety as follows:
Ratio of Consolidated. Adjusted Net Income to Consolidated ------------------------------------------------------------------------ Interest Expense ----------------
A. Consolidated Adjusted Net Income (for four fiscal quarters ended ________, 200__)
(i) Consolidated Net Income $__
(ii) Taxes $__
(iii) Consolidated Interest Expense $__
(iv) Sum of (i), (ii) and (iii) $__
B. Consolidated Interest Expense (3A(iii)) $__
C. Ratio of A to B ____to 1.0
D. Permitted Ratio Greater than 3.0 to 1.0 Complies____ Does Not Comply___ EXHIBIT C ASSIGNMENT AGREEMENT This Assignment Agreement (this "Assignment Agreement") between ___________ ____________ (the "Assignor") and ______________ (the "Assignee") is dated as of ___________, 20 __. The parties hereto agree as follows:
Ratio of Consolidated. Adjusted EBITDA (B.1) to Consolidated Interest Expense (B.2) ____ to 1.00 $___________ REQUIRED: NOT LESS THAN 2.25 TO 1.00. * See Schedules I and II for calculation of Consolidated Adjusted EBITDA and Annualized EBITDA, if applicable, for any Qualifying Property. ** See Schedule III for calculation of Interest Expense with respect to Qualifying Property not owned by the Borrower or any Subsidiary for the entire applicable Four-Quarter Period.
Ratio of Consolidated. Senior Funded Indebtedness to ------------ --------------------------------------------------- Consolidated EBITDA is amended to read as follows: ------------------- "The ratio of Group's Consolidated Senior Funded Indebtedness to Consolidated EBITDA shall not exceed the ratios set forth below as measured at the end of each fiscal quarter during the periods indicated, on the basis of the fiscal quarter ending on such date and the three immediately preceding fiscal quarters: Period Ratio ------ ----- Fiscal Year End 1995 2:45:1.0 First Quarter Fiscal Year 1996 through Third Quarter Fiscal Year 1996 2.25:1.0 Fiscal Year End 1996 and thereafter 2.00:1.0"
5. The Borrowers will pay a fee in the amount of $37,500 upon execution of this First Amendment which will be shared pro rata among the Lenders.
6. Except as set forth in this First Amendment, the Credit Agreement remains in full force and effect.
Ratio of Consolidated. Senior Funded Indebtedness to Consolidated EBITDA. Such waiver shall not apply with respect to any other period.
Ratio of Consolidated. Funded Indebtedness to Consolidated Total Capital. HRT will not permit its ratio of Consolidated Funded Indebtedness to Consolidated Total Capital to exceed (i) .42 to 1.0 as of the last day of each fiscal quarter ending prior to December 31, 1999, and (ii) .40 to 1.0 as of the last day of each fiscal quarter ending as of December 31, 1999 and thereafter.
Ratio of Consolidated. Funded Debt to Consolidated ------------ ------------------------------------------------- Tangible Net Worth of Wiser U.S. Wiser U.S.'s Consolidated Funded Debt -------------------------------- will not exceed 65% of its Consolidated Total Capital at any time.
1.15 Section 10.3 of the Credit Agreement shall be amended to read in full ------------ as follows:
Ratio of Consolidated. Adjusted EBITDA (B.1) to Consolidated Interest Expense (B.2) ____ to 1.00 $________ REQUIRED: NOT LESS THAN 2.25 TO 1.00. * See Schedules I and II for calculation of Consolidated Adjusted EBITDA and Annualized EBITDA, if applicable, for any Qualifying Property. ** See Schedule III for calculation of Interest Expense with respect to Qualifying Property not owned by the Borrower or any Subsidiary for the entire applicable Four-Quarter Period; Excludes interest expense relating to Non-Recourse Indebtedness and interest expense relating to a Qualifying Property subject to a Disposition during the applicable period. + Excluding Qualifying Properties financed with Non-Recourse Indebtedness and those leased pursuant to a lease with a remaining term of less than 55 years or subject to a Disposition during the applicable period.