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 "
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Fiscal Quarters Ending. Ratio: ------------------------------------------------------------------ From December 31, 2003 through December 31, 2005 1.50 to 1.00 ------------------------------------------------------------------ March 31, 2006 through December 31, 2006 1.60 to 1.00 ------------------------------------------------------------------ March 31, 2007 and thereafter 1.75 to 1.00 ------------------------------------------------------------------
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Fiscal Quarters Ending. Interest Coverage Ratio
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Examples of Fiscal Quarters Ending in a sentence

  • Section 7.11 is amended by amending and restating the table in subsection (a) thereof in its entirety as follows: 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 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.

  • For each twelve (12) month period ending on the -------------- last day of each fiscal quarter of the Borrower, a Leverage Ratio of not more than the following amounts tested at the following times: Leverage Ratio Fiscal Quarters Ending -------------- ----------------------- 2.50 to 1.0 Closing Date through December 30, 2001; 2.25 to 1.0 December 31, 2001 through December 30, 2002; 2.00 to 1.0 December 31, 2002 and thereafter.

  • Permit the Fixed Charge Coverage Ratio for any Measurement Period set forth below to be less than the ratio set forth below opposite such period: Four Fiscal Quarters Ending Minimum Fixed Charge Coverage Ratio Amendment No. 2 Effective Date through January 23, 2009 1.15:1.00 May 1, 2009 and thereafter 1.20:1.00 (aa) Section 11.01(a) is hereby amended by adding the words “and the Additional Fee Letter” after the words “Fee Letter” in clause (v) of the second proviso thereto.

  • Beginning October 31, 2000, permit the Leverage Ratio as of the last day of any Fiscal Quarter described in the matrix set forth below, to be greater than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Maximum Ratio ---------------------- ------------- October 31, 2000 through and including July 31, 2001 2.75:1.00 October 31,2001 through and including July 31, 2002 2.00:1.00 Later Fiscal Quarters 1.50:1.00.

  • Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower set forth below to be greater than the ratio set forth below opposite such period: Four Fiscal Quarters Ending 2.30 Section 7.11 of the Credit Agreement is hereby amended to insert at the end thereof the following new clauses (c) ,(d) and (e) : (c) Consolidated Liquidity .

  • The Borrower shall cause the ratio of Consolidated Adjusted Debt to Consolidated EBITDAR as of the last day of each fiscal quarter to be no greater than the amount set forth below with respect to the applicable fiscal quarters set forth below: Fiscal Quarters Ending In (or Closest To) Ratio May 2001 3.50 to 1.00August 2001 3.25 to 1.00November 2001, February 2002 and May 2002 3.50 to 1.00August 2002 and thereafter 3.00 to 1.00 6.11 I nterest Coverage Ratio.

  • 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 .

  • Permit the Senior 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 December 31, 2000 2.00:1.00 March 31, 2001 2.50:1.00 June 30, 2001 3.00:1.00 September 30, 2001 3.25:1.00 December 31, 2001 3.00:1.00 March 31, 2002 2.50:1.00 June 30, 2002 and thereafter 2.00:1.00.

  • 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.


More Definitions of Fiscal Quarters Ending

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
Fiscal Quarters Ending. Minimum Fixed Charge Coverage Ratio:
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Fiscal Quarters Ending. Leverage Ratio
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Fiscal Quarters Ending. Maximum Ratio
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.

  • quarters means any building provided or intended to be provided for a workman to live in either temporarily or permanently and includes any room or building used or intended to be used whether communally or privately for the purposes of cooking, eating, washing or bathing and any latrines and urinals;

  • 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 each calendar month.

  • 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.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Consolidated First Lien Leverage Ratio means, as of the date of determination, the ratio of (a) Consolidated Indebtedness as of such date that is secured by first-priority Liens on the Collateral to (b) EBITDA for the most recently ended Test Period, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • 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 specified Person for any period (the “Measurement Period”), the Consolidated Net Income of such Person for such period plus, without duplication and to the extent deducted (and not added back or excluded) in determining such Consolidated Net Income, the amounts for such period of:

  • 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.

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • 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.