Examples of Adjusted Fixed Charges in a sentence
At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending March 31, 1999, the ratio of (a) Adjusted Cash Flow minus Maintenance Capital Expenditures to (b) Adjusted Fixed Charges, in each case for the current Fiscal Quarter and the immediately preceding 3 Fiscal Quarters, shall not be less than 1.25 to 1.00.
The defined terms "Adjusted Fixed Charges" and "Adjusted Fixed Charges Coverage Ratio" are deleted in their entirety.
At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 1999, the ratio of Adjusted Cash Flow for the Fiscal Quarter then ended and the immediately preceding three Fiscal Quarters to Adjusted Fixed Charges for the Fiscal Quarter then ended and the immediately preceding three Fiscal Quarters, shall be equal to or exceed 3.5 to 1.00 at all times.
As of the last day of any fiscal quarter, the ratio of (a) EBITDA, to (b) Adjusted Fixed Charges, in each case for the Companies on a consolidated basis and for the twelve (12) month period ending on the date of determination, to be less than 2.0 to 1.0.
However, the usefulness of Adjusted Fixed Charges is limited as, among other things, it does not include all contractual obligations.