Examples of Pro Forma Fixed Charges in a sentence
The Companies shall not suffer or permit at any time the ratio of (i) Consolidated Pro-Forma Cash Flow to (ii) Consolidated Pro- Forma Fixed Charges to be less than 1.10 to 1.00, based upon the financial statements of the Companies for the most recently completed four (4) fiscal quarters.
With respect to any date of determination, the ratio of (a) Consolidated Operating Cash Flow for the period of four consecutive fiscal quarters ending on such date to (b) Pro Forma Fixed Charges for the period of four consecutive fiscal quarters commencing on the date following such date of determination.
Pro Forma Fixed Charges: With respect to the Borrower and its Subsidiaries on a consolidated basis for any period, the sum of: (i) Consolidated Interest Expense for such period, plus (ii) operating lease expenses of the Borrower and its Subsidiaries on a consolidated basis for such period; plus (iii) the Term Note principal payments, but excluding the Term Note principal payment due December 31, 2007.
Available Net Earnings of the Corporation for any period of 12 consecutive calendar months within the 15 calendar months immediately preceding the date of the issuance of such Preferred Stock shall have been at least 150% of Pro- Forma Fixed Charges of the Corporation.
The ---------------------------------------------------- Borrower shall not, as of the end of any fiscal quarter, permit the ratio of (a) the sum of (i) Operating Cash Flow during the fiscal four-quarter period then ended, and (ii) the Available Revolving Loan Commitment as of the fiscal quarter then ended, to (b) Pro Forma Fixed Charges for the four-quarter period beginning on the day following such fiscal quarter end, to be less than 1.05 to 1.00.