Total Asset Value/Consolidated Fixed Charge Coverage Ratio Sample Clauses

Total Asset Value/Consolidated Fixed Charge Coverage Ratio. The Agent shall have received satisfactory evidence that (i) as of the initial Revolving Credit Maturity Date (in the case of the first such extension to the First Extended Revolving Credit Maturity Date), Parent JV Guarantor and its Subsidiaries, on a consolidated basis, shall (A) have Total Asset Value of at least $500,000,000, and (B) have achieved a Consolidated Fixed Charge Coverage Ratio for the immediately preceding fiscal quarter of at least 1.25:1.00, and (ii) as of the First Extended Revolving Credit Maturity Date (in the case of the second such extension to the Second Extended Revolving Credit Maturity Date), Parent JV Guarantor and its Subsidiaries, on a consolidated basis, shall (A) have Total Asset Value of at least $500,000,000, and (B) have achieved a Consolidated Fixed Charge Coverage Ratio for each of the immediately preceding two (2) fiscal quarters of at least 1.35:1.00.
Sample 1
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Related to Total Asset Value/Consolidated Fixed Charge Coverage Ratio

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter for the four fiscal quarters ending on that date, to be less than 1.25 to 1.0.

  • Minimum Fixed Charge Coverage Ratio As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2015, Borrowers will maintain a Fixed Charge Coverage Ratio of not less than 1.20 to 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.

  • 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.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

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