Examples of Pro Forma Fixed Charge Coverage Ratio in a sentence
Any Unrestricted Subsidiary may be redesignated by the Issuer as a Subsidiary that is not an Unrestricted Subsidiary, provided that at the time of such designation, after giving pro forma effect to such designation as if it occurred at the beginning of the applicable four-quarter period, Sweetheart Holdings could incur $1.00 of additional Indebtedness pursuant to the Pro Forma Fixed Charge Coverage Ratio test set forth in the first paragraph of Section 4.09 hereof.
The Pro Forma Fixed Charge Coverage Ratio, calculated after giving effect to the Loan requested and the acquisition of the Target or its assets to be financed with the proceeds thereof, shall be no less than 1.50 to 1.00 and Borrowers shall have delivered to the Bank a Borrowing Request duly completed and executed showing, among the other things required thereby, the calculations demonstrating compliance with this clause (f).
By execution of this Amendment, Borrower covenants that it shall maintain, on a Consolidated basis (in addition to the financial covenants set forth in Section 9.3 of the Loan Agreement), a Pro Forma Fixed Charge Coverage Ratio of not less than 0.95 to 1.00.
The Technical Session of the Conference dealt on issues related with fisheries management, aquaculture and utilization of fish and fishery products focusing on the unique context and nature of the region’s fisheries in interpreting global fisheries issues and identifying appropriate regional responses.
While the Monthly Pro Forma Fixed Charge Coverage Ratio shall limit the amount of prepayments of Subordinated Obligations permitted by Section 6.1 and of the Distributions permitted by Section 6.5(b), the parties confirm that the Fixed Charge Coverage Ratio shall continue to be calculated only on a quarterly basis as of the last day of each Fiscal Quarter.