Springing Fixed Charge Coverage Ratio definition
Springing Fixed Charge Coverage Ratio means, as of any date, the ratio of (a) Borrowing Base Cash Flow to (b) Fixed Charges, in each case for the period of four fiscal quarters ended on such date (if such date is the last day of a fiscal quarter) or for the then most recently ended period of four full fiscal quarters (if such date is not the last day of a fiscal quarter).