Fiscal Quarters Ending definition

Fiscal Quarters Ending. Ratio: ----------------------- ------ From December 31, 2003 through 3.70 to 1.00 September 30, 2004 December 31, 2004 through 3.50 to 1.00 September 30, 2005 December 31, 2005 3.00 to 1.00 March 31, 2006 through September 3.25 to 1.00 30, 2006 December 31, 2006 through 3.00 to 1.00 September 30, 2007 December 31, 2007 and thereafter 2.75 to 1.00 "
Sample 1
Fiscal Quarters Ending. Ratio: Prior to December 31, 2020 1.75:1.00 December 31, 2020 and thereafter 2.25:1.00
Sample 1Sample 2
Fiscal Quarters Ending. Maximum Ratio March 31, 2015 andJune 30, 2015 N/A September 30, 2015 4.25:1.00 December 31, 2015and thereafter 3.50:1.00 "Funded Debt" means all outstanding liabilities for borrowed money and other interest-bearing liabilities, including current and long-term debt, less the non-current portion of Subordinated Liabilities.
Sample 1

Examples of Fiscal Quarters Ending in a sentence

  • Permit the Leverage Ratio, as of any Fiscal -------------- Quarter described below to be greater than the ratio set forth below opposite that Fiscal Quarter (it being understood that this covenant will not apply to the Fiscal Quarter ending June 30, 2000): Fiscal Quarters Ending Maximum Ratio ---------------------- ------------- September 30, 2000 through September 30, 2001 5.25:1.00 December 31, 2001 through September 30, 2002 4.75:1.00 December 31, 2002 and thereafter 4.50:1.00.

  • Section 7.11 is amended by amending and restating the table in subsection (a) thereof in its entirety as follows: Minimum Consolidated Interest Coverage Four Fiscal Quarters Ending Ratio Closing Date through December 31, 2005 1.8:1.0 March 31, 2006 through December 31, 2006 1.5:1.0 March 31, 2007 through September 30, 2007 1.8:1.0 December 31, 2007 and each Fiscal Quarter thereafter 2.0:1.0 Section 4.

  • Permit the Total Leverage Ratio, as of the last day of any Fiscal Quarter described in the matrix below, to exceed the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Maximum Ratio Closing Date through June 30, 2003 5.00:1.00 September 30, 2003 through June 30, 2004 4.75:1.00 September 30, 2004 through June 30, 2005 4.50:1.00 September 30, 2005 and thereafter 4.00:1.00.

  • Permit the Fixed Charge Coverage Ratio, --------------------------- as of that last day of any Fiscal Quarter described in the matrix below, to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Ratio ---------------------- ------------- March 31, 1999 1.10:1.00 June 30, 1999 through June 30, 2001 1.20:1.00 September 30, 2001 1.15:1.00 December 31, 2001 and thereafter 1.50:1.00.

  • Permit the Total Debt Ratio for any Measurement Period set forth below to be greater than the ratio set forth below opposite such period: Four Fiscal Quarters Ending Maximum Total Debt Ratio Closing Date through January 28, 2007 3.75:1.00 April 29, 2007 through February 1, 2009 3.50:1.00 May 3, 2009 and each fiscal quarter thereafter 3.25:1.00 ”.

  • Permit the Interest Coverage Ratio as of the last day of any Fiscal Quarter described in the matrix below to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Interest Coverage Ratio July 31, 2001 through and including January 31, 2004 2.50:1.00 April 30, 2004 through and including January 31, 2005 2.75:1.00 April 30, 2005 and later Fiscal Quarters 3.00:1.00.

  • The Leverage Ratio will not, as of the last day of any fiscal quarter of Borrower described in the matrix below, exceed the ratio set forth opposite that fiscal quarter: Fiscal Quarters Ending Maximum Ratio March 31, 2005 through and including December 31, 2005 4.75:1.00 Thereafter 4.50:1.00.

  • As at the end of each fiscal quarter specified below, the Borrower and its Subsidiaries, on a Consolidated basis, shall maintain a Fixed Charge Coverage Ratio of at least the ratio specified below for each fiscal quarter: Fiscal Quarters Ending Fixed Charge Coverage Ratio Closing Date through 2/28/09 1.10:1.00 3/1/09 through 2/28/11 1.15:1.00 This covenant shall be tested as at the end of each fiscal quarter.

  • The Leverage Ratio will not, as of the last day of any fiscal quarter of the Borrower described in the matrix below, exceed the ratio set forth opposite that fiscal quarter: Fiscal Quarters Ending Maximum Ratio September 30, 2002 5.25:1.00 December 31, 2002 5.00:1.00 March 31, 2003 and June 30, 2003 4.75:1.00.

  • The Borrower shall not permit the Leverage Ratio at any fiscal quarter end to be greater than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter(s) Ending Maximum Leverage Ratio June 30, 2014 through through September 30, 2015 3.00:1.00 December 31, 2015 and March 31, 2016 3.75:1.00 June 30, 2016 4.00:1.00 September 30, 2016 and thereafter 4.25:1.00 .


More Definitions of Fiscal Quarters Ending

Fiscal Quarters Ending. Maximum Ratio March 31, 2015, andJune 30, 2015 N/A September 30, 2015 1.10:1.00 December 31, 2015and thereafter 1.25:1.00
Sample 1
Fiscal Quarters Ending. Interest Coverage Ratio December 31, 2019 and March 31, 2020 3.00 to 1.00 June 30, 2020, September 30, 2020, December 31, 2020, March 31, 2021, June 30, 2021, September 30, 2021 and December 31, 2021 2.00 to 1.00 March 31, 2022 and thereafter 3.00 to 1.00
Sample 1
Fiscal Quarters Ending. Leverage Ratio December 31, 2019 and March 31, 2020 4.50 to 1.00 June 30, 2020 4.75 to 1.00 September 30, 2020 5.50 to 1.00 December 31, 2020 6.50 to 1.00 March 31, 2021 6.50 to 1.00 June 30, 2021 6.00 to 1.00 September 30, 2021 5.50 to 1.00 December 31, 2021 5.00 to 1.00 March 31, 2022 and thereafter 4.25 to 1.00
Sample 1
Fiscal Quarters Ending. Minimum Fixed Charge Coverage Ratio: September 30, 2004 through December 31, 2004 1.00 to 1.00 March 31, 2005 through September 30, 2005 1.10 to 1.00 December 31, 2005 1.20 to 1.00 March 31, 2006 and each Fiscal Quarter end thereafter 1.15 to 1.00
Sample 1
Fiscal Quarters Ending. Minimum Ratio: -------------------------------------------------------- 9/30/01 4.80:1 -------------------------------------------------------- 12/31/01 3.75:1 -------------------------------------------------------- 3/31/02 - 9/30/03 3.25:1 -------------------------------------------------------- 12/31/03 and thereafter 3.00:1 --------------------------------------------------------
Sample 1

Related to Fiscal Quarters Ending

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Fiscal Month means any of the monthly accounting periods of Borrower.

  • Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Consolidated Senior Leverage Ratio means, for any date of determination (i) Consolidated Funded Indebtedness on such date of determination (excluding the Unsecured Note Indebtedness) to (ii) Consolidated Adjusted EBITDA for the applicable period of four consecutive fiscal quarters.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated First Lien Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters of the Borrower most recently ended.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period:

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Consolidated EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period:

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Debt Service Coverage Ratio means, as of any date of determination, the ratio of (a) the sum of (i) Consolidated EBITDA for the most recently completed four fiscal quarters minus (ii) income taxes payable for such period minus (iii) Consolidated Capital Expenditures for such period to (b) the sum of (i) Consolidated Interest Charges for such period plus (ii) Consolidated Scheduled Funded Debt Payments for such period.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus