Coverage Test. Permit the ratio of EBITDA to Fixed Charges to be less than (a) 0.8 to 1.0 for the quarter ending December 31, 2009, (b) 0.65 to 1.0 for the quarter ending March 31, 2010, (c) 0.9 to 1.0 for the quarter ending June 30, 2010, (d) 1.0 to 1.0 for the quarter ending September 30, 2010, and (e) 1.1 to 1.0 for the quarter ending December 31, 2010 and any quarter thereafter.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Clearpoint Business Resources, Inc)
Coverage Test. Permit the ratio of EBITDA to Fixed Charges to be less than (a) 0.8 0.85 to 1.0 1.00 for the quarter six (6) months ending June 30, 2008, (b) 1.00 to 1.00 for the nine (9) months ending September 30, 2008, (c) 1.10 to 1.00 for the four (4) consecutive fiscal quarters ending December 31, 20092008, (b) 0.65 to 1.0 for the quarter ending March 31, 2010, (c) 0.9 to 1.0 for the quarter ending June 30, 2010, and (d) 1.0 1.25 to 1.0 1.00 for the quarter four (4) consecutive fiscal quarters ending September 30, 2010, and (e) 1.1 to 1.0 for as of the quarter ending December 31, 2010 and end of any quarter of any Fiscal Year thereafter.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Crdentia Corp)
Coverage Test. Permit the ratio of EBITDA to Fixed Charges to be less than (a) 0.8 to 1.0 for the quarter ending December 31, 2009, (b) 0.65 to 1.0 for the quarter ending March 31▇▇▇▇▇ ▇▇, 2010▇▇▇▇, (c▇) 0.9 to 1.0 for the quarter ending June 30, 2010, (dc) 1.0 to 1.0 for the quarter ending September 30, 2010, and (ed) 1.1 to 1.0 for the quarter ending December 31, 2010 and any quarter thereafter.
Appears in 1 contract
Sources: Revolving Credit Agreement (Clearpoint Business Resources, Inc)