Common use of Total Debt Service Coverage Ratio Clause in Contracts

Total Debt Service Coverage Ratio. The Holding Company shall not permit the ratio determined as of the last day of any month of (i) Consolidated Free Cash Flow to (ii) Total Debt Service , in each case for the twelve-month period then ended (or, in the case of any month ending prior to the first anniversary of the Closing Date, for the period commencing on the Closing Date and ending on the last day of such month), to be less than 1.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Aps Healthcare Inc)

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Total Debt Service Coverage Ratio. The Holding Company shall not permit the ratio determined as of ratio, calculated on the last day of any month fiscal quarter for the number of consecutive fiscal quarters then most recently ended since the Closing Date (considered as a single account period, but not to exceed four quarters), of (i) Consolidated Free Cash Flow to (ii) Total Debt Service , in each case for the twelve-month period then ended (or, in the case of any month ending prior to the first anniversary of the Closing Date, for the period commencing on the Closing Date and ending on the last day of such month)Service, to be less than 1.50 to 1.001.20:1.00.

Appears in 1 contract

Samples: Credit Agreement (Promedco Management Co)

Total Debt Service Coverage Ratio. The Holding Company shall not permit the ratio determined as of ratio, calculated on the last day of any month fiscal quarter for the number of consecutive fiscal quarters then most recently ended since the Restatement Effective Date (considered as a single account period, but not to exceed four quarters), of (i) Consolidated Free Cash Flow to (ii) Total Debt Service , in each case for the twelve-month period then ended (or, in the case of any month ending prior to the first anniversary of the Closing Date, for the period commencing on the Closing Date and ending on the last day of such month)Service, to be less than 1.50 to 1.001.20:1.00.

Appears in 1 contract

Samples: Credit Agreement (Promedco Management Co)

Total Debt Service Coverage Ratio. The Holding Company shall not permit the ratio determined as of on the last day of any month fiscal quarter of (i) Consolidated Free Cash Flow to (ii) Total Debt Service Service, in each case for the twelve-month period then ended (or, in the case of any month fiscal quarter ending prior to the first anniversary of the Closing Date, for the period commencing on the Closing Date and ending on the last day of such month), fiscal quarter) to be less than 1.50 1.25 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Horizon Medical Products Inc)

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Total Debt Service Coverage Ratio. The Holding Company shall not permit the ratio determined as of on the last day of any month fiscal quarter of (i) Consolidated Free Cash Flow to (ii) Total Debt Service Service, in each case for the twelve-month period then ended (or, in the case of any month fiscal quarter ending prior to the first anniversary of the Initial Closing Date, for the period commencing on the Initial Closing Date and ending on the last day of such month), fiscal quarter) to be less than 1.50 1.25 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (Horizon Medical Products Inc)

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