First Fixed Charge Sample Clauses

First Fixed Charge. As security for the payment and performance by the Client of the Liabilities (which Liabilities the Client hereby covenants to pay or satisfy as appropriate), the Client hereby charges in favour of GTJAFX, on trust for itself and its Affiliates by way of first fixed charge any and all right, title and interest of the Client to and in all amounts standing to the credit of the Account (and the debt or any beneficial interest represented thereby), including Deposit held as Margin (the "Security Margin").
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First Fixed Charge. 3.1 Each Borrower with full title guarantee hereby (i) charges and (ii) agrees to charge and (iii) releases and (iv) agrees to release to the Security Agent as a continuing security for payment of the Outstanding Indebtedness, by way of first fixed charge, the Secured Property.
First Fixed Charge. All the security created under this Deed is made with full title guarantee in accordance with the Law of Property (Miscellaneous Provisions) Xxx 0000. The Chargor, as security for the payment and discharge of all Secured Liabilities, charges in favour of the Security Trustee for the benefit of itself and the Beneficiaries:
First Fixed Charge. The Company and the Company Shareholder, as continuing security for the payment and discharge of all Secured Obligations, charges and agrees to charge all its rights, title and interest in and to the Charged Property with full title guarantee and by way of first fixed charge in favour of Elegance for the benefit of itself and the other Secured Parties.
First Fixed Charge. In consideration of the Bank making available, or continuing to make available, invoice discounting facilities or any other banking accommodation whatsoever to the Depositor, the Depositor with full title guarantee hereby charges the Accounts and the Deposits by way of first fixed charge in favour of the Bank as continuing security for the repayment and satisfaction on demand of all Secured Liabilities.
First Fixed Charge 
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Related to First Fixed Charge

  • Fixed Charges the sum of interest expense (other than payment-in-kind) and regularly scheduled principal payments made on Indebtedness, but excluding any such principal payments made to the extent refinanced with other Indebtedness. FLSA: the Fair Labor Standards Act of 1938.

  • Fixed Charges Ratio Permit the ratio of Net Earnings Available for Fixed Charges to Fixed Charges for any fiscal quarter of the Capital Corporation and its consolidated Subsidiaries (including the last quarter of any fiscal year of the Capital Corporation and its consolidated Subsidiaries) to be less than 1.05 to 1.

  • Fixed Charge Coverage 64 SECTION 7.

  • Consolidated Fixed Charges On any date of determination, the sum of (a) Consolidated Interest Expense for the period of two (2) fiscal quarters most recently ended annualized (both expensed and capitalized), plus (b) all of the principal due and payable and principal paid with respect to Indebtedness of REIT, the Borrower and their respective Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness in full and any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries shall be included (without duplication) in the determination of Consolidated Fixed Charges.

  • Fixed Charges Coverage Ratio The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than 2.00 to 1.00.

  • Fixed Charge Ratio Maintain a Fixed Charge Ratio as determined as of each Calculation Date of not less than 1.50:1. The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio as of the end of any fiscal quarter (calculated quarterly at the end of each fiscal quarter) to be less than 1.25 to 1.00.

  • Minimum Fixed Charge Coverage The ratio of (a) Adjusted EBIT for any Rolling Four Quarter Period to (b) Fixed Charges for the same Rolling Four Quarter Period, to be less than 1.50 to 1.00.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • Minimum Fixed Charge Coverage Ratio The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.

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