Senior Fixed Charge Ratio. The Parent shall maintain at the end of each Rolling Period (a) for the Rolling Periods ending on September 30, 1998 through September 30, 1999 a Senior Fixed Charge Ratio of not less than 2.0 to 1.0, (b) for the Rolling Periods ending on December 31, 1999 through September 30, 2000 a Senior Fixed Charge Ratio of not less than 2.5 to 1.0, and (c) for any Rolling Period thereafter, a Senior Fixed Charge Ratio of not less than 2.25 to 1.0.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Meristar Hotels & Resorts Inc), Revolving Credit Agreement (Meristar Hospitality Corp)
Senior Fixed Charge Ratio. The Parent shall maintain at the end of each Rolling Period (a) for the Rolling Periods ending on September 30, 1998 through September 30, 1999 a Senior Fixed Charge Ratio of not less than 2.0 to 1.0, (b) for the Rolling Periods ending on December 31, 1999 through September 30December 31, 2000 2001, a Senior Fixed Charge Ratio of not less than 2.5 to 1.0, and (c) for any Rolling Period thereafter, a Senior Fixed Charge Ratio of not less than 2.25 1.5 to 1.0.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Meristar Hotels & Resorts Inc), Revolving Credit Agreement (Meristar Hospitality Corp)
Senior Fixed Charge Ratio. The Parent shall maintain at the ------------------------- end of each Rolling Period (a) for the Rolling Periods ending on September 30, 1998 through September 30December 31, 1999 through December 31, 2001, a Senior Fixed Charge Ratio of not less than 2.0 2.50 to 1.0, (b) for the Rolling Periods ending on December 31, 1999 through September 30, 2000 a Senior Fixed Charge Ratio of not less than 2.5 to 1.01.00, and (cb) for any Rolling Period thereafter, a Senior Fixed Charge Ratio of not less than 2.25 1.50 to 1.01.00.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Meristar Hotels & Resorts Inc)