Fixed Charge Coverage Test definition

Fixed Charge Coverage Test has the meaning assigned to it in the definition ofUnrestricted Subsidiary.”
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).

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.


More Definitions of Fixed Charge Coverage Test

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 shall have the meaning set forth in Section 6.04(b).
Fixed Charge Coverage Test is defined in Section 9.2(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 “Redemption Date” 3.10 “Refinancing Indebtedness” 4.09 “Refunding Capital Stock” 4.07 “Registrar” 2.03 “Release Date” 3.10 “Restricted Note” 2.06 “Restricted Payments” 4.07 “Second Commitment” 4.10 “Special Mandatory Redemption Date” 3.10 “Special Mandatory Redemption Price” 3.10 “Successor Company” 5.01 “Successor Person” 5.01 “Treasury Capital Stock” 4.07 “Trigger Date” 3.10 “Unrestricted Note” 2.06
Fixed Charge Coverage Test. 4.07 “incur” 4.09 “Legal Defeasance” 8.02 “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 “Restricted Payments” 4.07 “Second Commitment” 4.10 “Secured Note Register” 2.03 “Senior Credit Facilities Obligations” 4.16 “Successor Company” 5.01 “Successor Person” 5.01 “Taxes” 4.05 “Treasury Capital Stock” 4.07
Fixed Charge Coverage Test. 4.09(a) -41-
Fixed Charge Coverage Test. As defined in Section 4.5(xvii) of the Indenture.