Earnings Available definition
Examples of Earnings Available in a sentence
Permit the ratio of Net Earnings Available for Fixed Charges to Fixed Charges for any fiscal quarter of the Capital Corporation and its consolidated Subsidiaries (including the last quarter of any fiscal year of the Capital Corporation and its consolidated Subsidiaries) to be less than 1.05 to 1.
Permit the ratio of Net Earnings Available for Fixed Charges to Fixed Charges for any four consecutive fiscal quarter period of the Capital Corporation and its consolidated Subsidiaries to be less than 1.05 to 1.
Make any Restricted Payment or Restricted Investment, except from Earnings Available for Dividends.
As of the end of each Fiscal Period commencing with the thirteenth Fiscal Period in the 1998 Fiscal Year, the ratio of Consolidated Earnings Available for Interest Expense to Consolidated Interest Expense for the Relevant Period to be less than 2.0 to 1.
As of the end of each Fiscal Period commencing with the eighth Fiscal Period in the 1998 Fiscal Year and ending with the twelfth Fiscal Period in the 1998 Fiscal Year, the ratio of Consolidated Earnings Available for Interest Expense to Consolidated Interest Expense for the Relevant Period to be less than 1.85 to 1.
TUC will not, as of the end of each quarter of each fiscal year of TUC, permit Consolidated Earnings Available for Fixed Charges for the twelve months then ended to be less than or equal to 150% of Consolidated Fixed Charges for the twelve months then ended.
The Borrower will not, as of the end of each quarter of each fiscal year of the Borrower, permit Consolidated Earnings Available for Fixed Charges for the twelve months then ended to be less than or equal to 150% of Consolidated Fixed Charges for the twelve months then ended.
If the Partnership is then licensed as an SBIC or has an application to be licensed pending with the SBA, distributions shall be made from Retained Earnings Available for Distribution or otherwise as permitted by the SBIC Act.
TXU will not, as of the end of each quarter of each fiscal year of TXU, permit Consolidated Earnings Available for Fixed Charges for the twelve months then ended to be less than or equal to 150% of Consolidated Fixed Charges for the twelve months then ended.
The Company will at all times keep and maintain the ratio of Consolidated Net Earnings Available for Fixed Charges for any four of the immediately preceding five fiscal quarters (taken as a single accounting period) to Consolidated Fixed Charges for such period at not less than 1.75 to 1.00.