Examples of Consolidated Financial Obligations in a sentence
The sum of Consolidated Total Interest Expense PLUS Consolidated Financial Obligations.
The Borrower will ------------------------------------------------ not permit the ratio of Consolidated Operating Cash Flow to the sum of Consolidated Financial Obligations plus Consolidated Total Interest Expense for ---- any fiscal quarter ending on or prior to December 31, 1997 to exceed 2:1 and for any fiscal quarter ending thereafter to be less than 2.50:1.
The Borrower shall not permit the ratio of (a) Consolidated Cash Flow to (b) Consolidated Financial Obligations plus rental expense (including all, if any, percentage rent and other monetary obligations under each real property Lease to which any member of the Borrower Affiliated Group is a party) to be less than 1.25 to 1.0 as at the end of any fiscal quarter (as determined at the end of each such fiscal quarter for the four consecutive fiscal quarters then ending).
The Borrower will not permit the ratio of Consolidated Operating Cash Flow to the sum of Consolidated Financial Obligations plus Consolidated Total Interest Expense for any fiscal quarter ending on or prior to December 31, 1997 to exceed 2:1 and for any fiscal quarter ending thereafter to exceed 2.50:1.
The Borrower will not permit the ratio of Consolidated Operating Cash Flow for any period of four consecutive fiscal quarters of the Borrower ending after the date hereof, to Consolidated Financial Obligations as determined for such period, to be less than 1.25:1.0.