Fixed Charge Coverage Test definition

Fixed Charge Coverage Test. 4.07 “incur” and “incurrence” 4.09 “Initial Notes” Section 1.01 “Legal Defeasance” 8.02 “Limited Condition Transaction” 1.06 “New Parent” Section 1.01 “Note Register” 2.03 “Offer Amount” 3.09 “Offer Period” 3.09 “Pari Passu Indebtedness” 4.10 Term Defined in Section “Paying Agent” 2.03 “Purchase Date” 3.09 “Qualified Reporting Subsidiary” 4.03 “Redemption Date” 3.01 “Refunding Capital Stock” 4.07 “Registrar” 2.03 “Restricted Payments” 4.07 “Reversion Date” 4.16 “Second Commitment” 4.10 “Successor Company” 5.01 “Successor Person” 5.01 “Suspended Covenants” 4.16 “Suspension Date” 4.16 “Suspension Period” 4.16 “Tax Group” 4.07 “Testing Party” 1.06 “Total Net Leverage Ratio Test” 4.07 “Transaction Agreement Date” 1.06 “Transfer Agent” 2.03 “Treasury Capital Stock” 4.07

Fixed Charge Coverage Test has the meaning assigned to it in the definition of “Unrestricted Subsidiary.”

Fixed Charge Coverage Test. 4.07 “incur” 4.09 “Legal Defeasance” 8.02 “Offer Amount”. 3.09 “Offer Period” 3.09 “Other Guarantee” 11.05 “Paying Agent” 2.03 “Payment Default” 6.01 “Pari Passu Indebtedness” 3.09 “Purchase Date” 3.09 “Redemption Date” 3.07 “Refinancing Indebtedness” 4.09 “Refunding Capital Stock” 4.07 “Registrar” 2.03 “Restricted Payments” 4.07 “Reversion Date” 4.16 “Second Commitment” 4.10 “Successor Company” 5.01 “Successor Guarantor” 11.04 “Suspended Covenants” 4.16 “Suspension Period” 4.16 “Treasury Capital Stock” 4.07

Examples of Fixed Charge Coverage Test in a sentence

• Fixed Charge Coverage Test to be greater than the following for the period from the receipt of the financial statments dated: Closing thru 3/31/98 1.00x 6/30/98 thru 12/31/98 1.25x 3/31/99 thru 9/30/99 1.40x 12/31/99 and thereafter 1.50x c.

• Holdings and the Borrower will not permit the Fixed Charge Coverage Ratio (x) for any Fixed Charge Coverage Period ending on a Fixed Charge Coverage Test Date or (y) for any Test Period ending on March 31, 2004 or the last day of any fiscal quarter of Holdings ending thereafter, to (in any such case) be less than 1.00:1.00.

• Fixed Charge Coverage Test Representations and Warranties Company Status Company Power and Authority No Violation Litigation Use of Proceeds; Margin Regulations Governmental Approvals Investment Company Act True and Complete Disclosure Financial Condition; Financial Statements Security Interests.

• Compliance by the Company and its Restricted Subsidiaries with the Fixed Charge Coverage Test set forth in the first paragraph of this Section 4.09 hereof shall be determined on a consolidated basis for all Restricted Subsidiaries of the Company taken as a whole regardless of whether the Indebtedness is to be incurred by less than all such Restricted Subsidiaries.

• Borrower shall maintain a ratio of EBITDAR to Fixed Charges of not less than 1.75:1.0 (the "Fixed Charge Coverage Test").

More Definitions of Fixed Charge Coverage Test

Fixed Charge Coverage Test determined on a pro forma basis (including a pro forma application of the net proceeds therefrom), as if the additional Indebtedness had been incurred, or the Disqualified Stock or Preferred Stock had been issued, as the case may be, and the application of proceeds therefrom had occurred at the beginning of such four-quarter period.

Fixed Charge Coverage Test has the meaning set forth in Section 4.07(a).

Fixed Charge Coverage Test. 4.07 “incur” and “incurrence” 4.09 “Independent Assets or Operations” 4.03 “Legal Defeasance” 8.02 “Note Register” 2.03 “Offer Amount” 3.09 “Offer Period” 3.09 “Pari Passu Indebtedness” 4.10 “Paying Agent” 2.03 “Purchase Date” 3.09 “Redemption Date” 3.01 “Refinancing Indebtedness” 4.09 “Refunding Capital Stock” 4.07 “Registrar” 2.03 “Restricted Payments” 4.07 “Reversion Date” 4.16 “Second Commitment” 4.10 “Successor Company” 5.01 “Successor Person” 5.01 “Suspended Covenants” 4.16 “Suspension Date” 4.16 “Suspension Period” 4.16 “Transfer Agent” 2.03 “Treasury Capital Stock” 4.07

Fixed Charge Coverage Test. 4.07(a) “incur” or “incurrence” 4.09(a) “Legal Defeasance” 8.02 “Note Register” 2.03 “Offer Amount” 3.08(b) “Offer Period” 3.08(b) “Paying Agent” 2.03 “Purchase Date” 3.08(b) “Redemption Date” 3.07(a) “Refinancing Indebtedness” 4.09(b) “Refunding Capital Stock” 4.07(b) “Registrar” 2.03 “Restricted Payments” 4.07(a) “Reversion Date” 4.16(b) “Second Commitment” 4.10(b) “Successor Company” 5.01(a) “Successor Person” 5.01(c) “Suspended Covenants” 4.16(a) “Suspension Date” 4.16(a) “Suspension Period” 4.16(b) “Transfer Agent” 2.03 “Treasury Capital Stock” 4.07(b)

Fixed Charge Coverage Test. 4.07 “incur” 4.09 “Legal Defeasance” 8.02 “Note Register” 2.03 “Offer Amount” 3.09 “Offer Period” 3.09 “Pari Passu Indebtedness” 4.10 “Paying Agent” 2.03 “Purchase Date” 3.09 Term Defined in Section “Redemption Date” 3.07 “Refinancing Indebtedness” 4.09 “Refunding Capital Stock” 4.07 “Registrar” 2.03 “Restricted Payments” 4.07 “Reversion Date” 4.17 “Successor Company” 5.01 “Successor Guarantor” 5.01 “Successor Person” 5.01 “Suspended Covenants” 4.17 “Suspension Date” 4.17 “Suspension Period” 4.17 “Taxes” 4.05 “Treasury Capital Stock” 4.07

Fixed Charge Coverage Test is defined in Section 9.2(b).

Fixed Charge Coverage Test. 4.09(a) “Foreign Payor” 4.05 “incur” 4.09 “Legal Defeasance” 8.02 “Note Register” 2.03 “Offer Amount” 3.09 “Offer Period” 3.09 “Pari Passu Indebtedness” 4.10 “Paying Agent” 2.03 “Purchase Date” 3.09 “Redemption Date” 3.07 “Refinancing Indebtedness” 4.09 “Refunding Capital Stock” 4.07 “Registrar” 2.03 “Relevant Taxing Jurisdiction” 4.05 “Restricted Payments” 4.07 “Reversion Date” 4.16 “Second Commitment” 4.10 “Successor Company” 5.01 “Successor Guarantor” 5.01 “Successor Person” 5.01 “Suspended Covenants” 4.16 “Taxes” 4.05 “Treasury Capital Stock” 4.07