Common use of Financial Tests Clause in Contracts

Financial Tests. (a) Have at all times a FIXED CHARGE COVERAGE RATIO of not less than 1.50 to 1.00; and (b) have at all times a LEVERAGE RATIO of not more than 3.00 to 1.00.

Appears in 6 contracts

Sources: Credit Agreement (Whole Foods Market Inc), Revolving Credit Agreement (Whole Foods Market Inc), Term Loan Agreement (Whole Foods Market Inc)

Financial Tests. (a) Have at all times a FIXED CHARGE COVERAGE --------------- RATIO of not less than 1.50 to 1.00; and (b) have at all times a LEVERAGE RATIO of not more than 3.00 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Whole Foods Market Inc)