Common use of Consolidated Debt Service Coverage Ratio Clause in Contracts

Consolidated Debt Service Coverage Ratio. Maintain a Consolidated Debt Service Coverage Ratio of not less than the ratio shown below for the period corresponding thereto: Consolidated Debt Period Service Coverage Ratio First fiscal quarter of fiscal year ending. 75 to 1.0 December 3 1, 1996 "the first fiscal quarter of each fiscal year thereafter First and second fiscal quarters of fiscal. 75 to 1.0 year ending December 31, 1996 and the first and second fiscal quarters of each fiscal year thereafter First, second and third fiscal quarters of 1.5 to 1.0 fiscal year ending December 31, 1996 and the first, second and third fiscal quarters of each fiscal year thereafter Fiscal year ending December 31, 1996 and 1.7 to 1.0 each fiscal year thereafter

Appears in 1 contract

Samples: Loan and Security Agreement (Comdial Corp)

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Consolidated Debt Service Coverage Ratio. Maintain a Consolidated Debt Service Coverage Ratio of not less than the ratio shown below for the period corresponding thereto: Consolidated Debt Period Service Coverage Ratio First and second fiscal quarters of fiscal .negative (.70) to 1.0 year ending December 31, 1998 First, second and third fiscal quarters of 0.7 to 1.0 fiscal year ending December 31, 1998 Fiscal year ending December 31, 1998 1.7 to 1.0 First fiscal quarter of fiscal year ending. 75 ending .30 to 1.0 December 3 131, 1996 "1999 and the first fiscal quarter of each fiscal year thereafter First and second fiscal quarters of fiscal. 75 fiscal .75 to 1.0 year ending December 31, 1996 1999 and the first and second fiscal quarters of each fiscal year thereafter First, second and third fiscal quarters of 1.5 to 1.0 fiscal year ending December 31, 1996 1999 and the first, second and third fiscal quarters of each fiscal year thereafter Fiscal year ending December 31, 1996 1999 and 1.7 to 1.0 each fiscal year thereafter"

Appears in 1 contract

Samples: Loan and Security Agreement (Comdial Corp)

Consolidated Debt Service Coverage Ratio. Maintain a Consolidated Debt Service Coverage Ratio of not less than the ratio shown below for the period corresponding thereto: Consolidated Debt Period Service Coverage Ratio First fiscal quarter of fiscal year ending. 75 ending .75 to 1.0 December 3 131, 1996 "First and second fiscal quarters of fiscal .75 to 1.0 year ending December 31, 1996 First, second and third fiscal quarters of 1.5 to 1.0 fiscal year ending December 31, 1996 Fiscal year ending December 31, 1996 1.7 to 1.0 First fiscal quarter of fiscal year ending .40 to 1.0 December 31, 1997 and the first fiscal quarter of each fiscal year thereafter First and second fiscal quarters of fiscal. 75 fiscal .75 to 1.0 year ending December 31, 1996 1997 and the first and second fiscal quarters of each fiscal year thereafter First, second and third fiscal quarters of 1.5 to 1.0 fiscal year ending December 31, 1996 1997 and the first, second and third fiscal quarters of each fiscal year thereafter Fiscal year ending December 31, 1996 1997 and 1.7 to 1.0 each fiscal year thereafter:

Appears in 1 contract

Samples: Loan and Security Agreement (Comdial Corp)

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Consolidated Debt Service Coverage Ratio. Maintain a The Consolidated Debt Service Coverage Ratio of the Loan Parties shall be not less than the ratio shown below for the period corresponding thereto: Consolidated Debt Service Period Service Coverage Ratio Fiscal quarter ended December 31, 1995 1.8 to 1.0 Fiscal quarter ended March 31, 1996 -5.9 to 1.0 First two fiscal quarters ended 1.0 to 1.0 June 30, 1996 First three fiscal quarters 1.75 to 1.0 ended September 30, 1996 Fiscal year ended December 31, 1996 2.0 to 1.0 First fiscal quarter of fiscal year ending. 75 ended March 31, 1997 -7.1 to 1.0 December 3 1, 1996 "and the first fiscal quarter of each fiscal year thereafter First and second two fiscal quarters of fiscal. 75 ended June 30, .75 to 1.0 year ending December 31, 1996 1997 and the first and second two fiscal quarters of each fiscal year thereafter First, second and third Consolidated Debt Service Period Coverage Ratio First three fiscal quarters of 1.5 ended 2.2 to 1.0 fiscal year ending December 31September 30, 1996 1997 and the first, second and third first three fiscal quarters of each fiscal year thereafter Fiscal year ending ended December 31, 1996 and 1.7 1997 2.0 to 1.0 and each fiscal year thereafter

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Coast Airlines Inc)

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