Recourse Debt to Cash Flow Ratio Sample Clauses

Recourse Debt to Cash Flow Ratio. The Borrower will maintain at the end of each fiscal quarter of the Borrower, a Recourse Debt to Cash Flow Ratio of not more than the ratio set forth below for each period set forth below: Four Fiscal Quarter Ending Maximum Recourse Debt to Cash Flow Ratio June 30, 2005 7.50 September 30, 2005 7.50 December 31, 2005 7.50 March 31, 2006 7.50 June 30, 2006 7.50 September 30, 2006 7.50 December 31, 2006 7.00 March 31, 2007 7.00 June 30, 2007 7.00 September 30, 2007 7.00 December 31, 2007 7.00 March 31, 2008 6.50 June 30, 2008 6.50 September 30, 2008 8.00 December 31, 2008 8.00 AES Fourth Amended and Restated Credit Agreement Four Fiscal Quarter Ending Maximum Recourse Debt to Cash Flow Ratio March 31, 2009 8.50 June 30, 2009 8.50 September 30, 2009 8.50 December 31, 2009 8.50 March 31, 2010 7.25 June 30, 2010 7.25 September 30, 2010 7.25 December 31, 2010 7.25 March 31, 2011 7.25 June 30, 2011 and thereafter 7.25
Sample 1Sample 2See All (6)
AutoNDA by SimpleDocs
Recourse Debt to Cash Flow Ratio. The Borrower will maintain at the end of each fiscal quarter of the Borrower, a Recourse Debt to Cash Flow Ratio of not more than 7.50 to 1.00.
Sample 1Sample 2

Related to Recourse Debt to Cash Flow Ratio

  • Cash Flow Ratio To maintain on a consolidated basis a cash flow ratio of at least 1.35:1.00.

  • 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.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • 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.

  • 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.

  • 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

  • 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.

  • 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.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!