Total Fixed Charge Coverage Ratio. The Borrower will not permit the Total Fixed Charge Coverage Ratio, as of the end of any Fiscal Quarter to be: (i) less than 1.20:1.00 through and including the second anniversary of the Closing Date and (ii) less than 1.30:1.00 at any time after the second anniversary of the Closing Date.
Total Fixed Charge Coverage Ratio. (Section 7.03(a) of the Agreement).
Total Fixed Charge Coverage Ratio. For each fiscal quarter of the Company, the ratio of (i) the sum of (a) the Consolidated Net Earnings of the Company for the four immediately preceding fiscal quarters of the Company plus (b) the Company's consolidated interest expense, and provision for income taxes, depreciation and amortization for the four immediately preceding fiscal quarters of the Company that were taken into account in determining such Consolidated Net Earnings to (ii) the Company's consolidated accrued interest expense for the four immediately preceding fiscal quarters to be less than (x) 2.50 to 1.00 from the Effective Date through December 30, 2002 and (y) 3.25 to 1.00 from December 31, 2002 and at any time thereafter.
Total Fixed Charge Coverage Ratio. For each fiscal quarter of the Company, the ratio of (i) the sum of (a) the Consolidated Net Earnings of the Company for the four immediately preceding fiscal quarters of the Company plus (b) the Company’s consolidated interest expense and provision for income taxes, depreciation and amortization for the four immediately preceding fiscal quarters of the Company that were taken into account in determining such Consolidated Net Earnings to (ii) the Company’s consolidated accrued interest expense for the four immediately preceding fiscal quarters to be less than 3.00 to 1.00.”
(IV) Paragraph 6A(5) of the Agreement is deleted in its entirety and the following is inserted in lieu thereof: “6A(5). [Intentionally Deleted].”
(V) Paragraph 6B of the Agreement is deleted in its entirety and the following is inserted in lieu thereof:
Total Fixed Charge Coverage Ratio. Borrower shall not permit, the ratio of Operating Cash Flow to Total Fixed Charges to be less than 1.10 through maturity of the Loans, to be tested at the end of each fiscal quarter, calculated on a rolling four quarter basis.
Total Fixed Charge Coverage Ratio. The Total Fixed Charge Coverage Ratio, as of the last day of each fiscal quarter of the Consolidated Parties, shall be greater than or equal to 1.5 to 1.0.
Total Fixed Charge Coverage Ratio. The Borrower shall not permit its Total Fixed Charge Coverage Ratio for the twelve month period ending on each March 31st, June 30th, September 30th and December 31st from and after June 30, 2004 to be less than 1.00. “Total Fixed Charge Coverage Ratio” shall be calculated in the manner set forth in Exhibit 4.2(b).”
Total Fixed Charge Coverage Ratio. Borrower and its Subsidiaries on a consolidated basis shall maintain a Total Fixed Charge Coverage Ratio (i) at the end of the second and third quarter of Borrower's 1998 fiscal year not less than .75:1.00 and (ii) at the end of each subsequent fiscal quarter not less than 1.00:1.00.
Total Fixed Charge Coverage Ratio of Borrower and its Subsidiaries on a Consolidated Basis
Total Fixed Charge Coverage Ratio. The Borrowers shall maintain, at the end of each fiscal quarter of the Borrowers (beginning with the fiscal quarter ending June 30, 2010), a ratio of (1) Adjusted EBITDA for the four fiscal quarters then ending (less the amount of maintenance capital expenditures incurred during such four fiscal quarters, but only for those quarters ending on or after September 30, 2011), to (2) Total Debt Service for such four fiscal quarters, of not less than 1.10 to 1.
