Common use of Total Fixed Charge Ratio Clause in Contracts

Total Fixed Charge Ratio. The Parent shall maintain at the end of each Rolling Period (a) for the Rolling Periods ending on September 30, 1998 to September 30, 1999, a Total Fixed Charge Ratio of not less than 1.75 to 1.0, (b) for the Rolling Periods ending on December 31, 1999 to September 30, 2000, a Total Fixed Charge Ratio of not less than 2.0 to 1.0, and (c) for any Rolling Period thereafter, a Total 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)

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Total Fixed Charge Ratio. The Parent shall maintain at the end of each Rolling Period (a) for the Rolling Periods ending on September 30, 1998 to September 30, 1999, a Total Fixed Charge Ratio of not less than 1.75 to 1.0, (b) for the Rolling Periods ending on December 31, 1999 to September 30December 31, 20002001, a Total Fixed Charge Ratio of not less than 2.0 to 1.0, and (c) for any Rolling Period thereafter, a Total 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)

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