Cash Flow Covenant. For each of the fiscal periods set forth below, the Company shall not, as of the end of any such fiscal period, permit the dollar amount of the difference obtained by deducting Capital Expenditures from EBITDA, to be less than the amount set forth opposite such fiscal period on a rolling four-quarter basis: FISCAL QUARTER ENDED AMOUNT October 31, 1996 $4,500,000.00 January 31, 1997 $4,500,000.00 April 30, 1997 $4,700,000.00 July 31, 1997 $5,200,000.00 October 31, 1997 $5,500,000.00 Default in the performance of this Section 7.19 shall constitute an Event of Default under Section S.1(d).
Cash Flow Covenant. Have, for each Fiscal Year Cash Flow Coverage equal to or greater than 1.3 to 1.0. End of Section 5
Cash Flow Covenant. The Borrower shall maintain a "Cash Flow ------------------ Coverage Ratio" (as defined below) for each three (3) month period ending on the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending March 31, 1997, of not less than 1.25 to 1.00.
Cash Flow Covenant. The Contractor shall work with Owner and shall use commercially reasonable efforts to optimize Owner’s cash flow in order to reduce Owner’s financing costs for the Work; provided, however, that in no event shall Contractor be required to make any changes or modifications that adversely impact Contractor’s cost, cash flow, demonstrated risk or the execution of the Work unless the Parties mutually agree to a Change Order pursuant to Article 9 prior to implementing such changes or modifications to Owner’s cash flow. The Parties will evaluate potential impacts to cost and schedule in conjunction with proposed changes to the cash flow.
