Coverage Test. Permit, as of the end of any quarter of any Fiscal Year, the ratio of (a) EBIDA minus Capital Expenditures incurred to maintain or replace capital assets, to (b) Debt Service, for the four (4) consecutive quarters then ended to be less than 1.25 to 1.00.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Mam Software Group, Inc.), Revolving Credit and Term Loan Agreement (Aftersoft Group)