Common use of Consolidated Fixed Charge Ratio Clause in Contracts

Consolidated Fixed Charge Ratio. The Company will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): Period Ratio ------ ----- 9/30/00 to 12/30/00 0.45 to 1.00 12/31/00 to 12/30/01 0.60 to 1.00 12/31/01 to 12/30/02 1.15 to 1.00 12/31/02 to the Maturity Date 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

AutoNDA by SimpleDocs

Consolidated Fixed Charge Ratio. The Company Borrower will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): Period Ratio PERIOD RATIO ------ ----- 9/30/00 to 12/30/00 0.45 to 1.00 12/31/00 to 12/30/01 0.60 to 1.00 12/31/01 to 12/30/02 1.15 to 1.00 12/31/02 to the Maturity Date 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

Consolidated Fixed Charge Ratio. The Company Borrower will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): Period Ratio PERIOD RATIO ------ ----- 9/30/00 Closing Date to 12/30/00 0.45 3/30/02 1.50 to 1.00 12/31/00 3/31/02 to 12/30/01 0.60 to 1.00 12/31/01 to 12/30/02 12/30/03 1.15 to 1.00 12/31/02 to the Maturity Date 12/31/03 and thereafter 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

AutoNDA by SimpleDocs

Consolidated Fixed Charge Ratio. The Company will maintain at all times a Consolidated Fixed Charge Ratio of not less than the ratios set forth below for the periods set forth below (to be tested quarterly): Period Ratio PERIOD RATIO ------ ----- 9/30/00 Closing Date to 12/30/00 0.45 3/30/02 1.50 to 1.00 12/31/00 3/31/02 to 12/30/01 0.60 to 1.00 12/31/01 to 12/30/02 12/30/03 1.15 to 1.00 12/31/02 to the Maturity Date 12/31/03 and thereafter 1.25 to 1.00

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.