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.
Compliance by the Company and its Restricted Subsidiaries with the foregoing clauses (b) and (c) of this Section 4.07 and the Fixed Charge Coverage Test set forth in the first paragraph of 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 Restricted Payment is to be made by less than all such Restricted Subsidiaries.
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.
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.