Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date basis, to be less than: (i) 1.10 to 1.00 as of June 30, 2007, (ii) 1.15 to 1.00 as of September 30, 2007, or (iii) 1.20 to 1.00 as of December 31, 2007, as of the last day of any calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31, 2007.
Appears in 1 contract
Sources: Loan and Security Agreement (Vita Food Products Inc)
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date trailing twelve (12) month basis, to be less than: (i) 1.10 to 1.00 as of June 30, 2007, (ii) 1.15 ..70 to 1.00 as of September 30, 20072005, or (iiiii) 1.20 1.10 to 1.00 as of December 31, 20072005, or as of the last day of any calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31June 30, 20072005.
Appears in 1 contract
Sources: Loan and Security Agreement (Vita Food Products Inc)
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date trailing twelve (12) month basis, to be less than: (i) 1.10 0.50 to 1.00 as of ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 0.65 to 1.00 as of June 30, 20072005, (iiiii) 1.15 0.70 to 1.00 as of September 30, 20072005, or and (iiiv) 1.20 1.10 to 1.00 as of December 31, 20072005, or as of the last day of any each calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31, 2007.
Appears in 1 contract
Sources: Loan and Security Agreement (Vita Food Products Inc)
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date trailing twelve (12) month basis, to be less than: (i) 1.10 0.65 to 1.00 as of June 30, 20072005, (ii) 1.15 0.70 to 1.00 as of September 30, 20072005, or and (iii) 1.20 1.10 to 1.00 as of December 31, 20072005, or as of the last day of any each calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31, 2007.
Appears in 1 contract
Sources: Loan and Security Agreement (Vita Food Products Inc)
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date basis, to be less than: (i) 1.10 .40 to 1.00 as of June 30, 2007, (ii) 1.15 .20 to 1.00 as of September 30, 2007, or (iii) 1.20 .30 to 1.00 as of December 31, 2007, or as of the last day of any calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31, 2007.
Appears in 1 contract
Sources: Loan and Security Agreement (Vita Food Products Inc)
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date trailing twelve (12) month basis, to be less than: (i) 1.10 to 1.00 as of June 30, 2007, (ii) 1.15 to 1.00 as of September 30, 2007, or (iii) 1.20 to 1.00 as of December 31, 20072005, (ii) 1.10 to 1.00 as of March 31, 2006, or as of the last day of any calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31June 30, 20072005 or September 30, 2005.
Appears in 1 contract
Sources: Loan and Security Agreement (Vita Food Products Inc)
Cash Flow Coverage Ratio. Not permit Borrowers’ Permit Borrower’s Cash Flow Coverage Ratio, calculated on a year to date basis, Ratio to be less than: (i) than 1.10 to 1.00 as of the end of: (i) the six months ending June 30, 20072001, (ii) 1.15 to 1.00 as of the three calendar quarter periods ending September 30, 20072001, or (iii) 1.20 to 1.00 as any period of four consecutive calendar quarters ending on or after December 31, 2007, as of the last day of any calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31, 20072001.
Appears in 1 contract