Common use of Fixed Charge Coverage Ratio Clause in Contracts

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 3 contracts

Sources: Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.)

Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter, commencing with quarter of the fiscal quarter ending December 31, 2018, Company a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0. 11.

Appears in 3 contracts

Sources: Note Purchase Agreement, Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, on a consolidated basis a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.00 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the as of each fiscal quarter ending December 29, 2019 and as of end. This ratio will be calculated at the end of each fiscal quarter thereafterreporting period for which this Agreement requires Borrower to deliver financial statements, in each case on a trailing twelve (12) using the results of the twelve-month basisperiod ending with that reporting period.

Appears in 3 contracts

Sources: Credit Agreement (Celadon Group Inc), Credit Agreement (Celadon Group Inc), Credit Agreement (Celadon Group Inc)

Fixed Charge Coverage Ratio. Maintain Maintain, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.5:1.

Appears in 3 contracts

Sources: Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc), Loan Agreement (Friedmans Inc)

Fixed Charge Coverage Ratio. Maintain as of Permit or suffer the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and determined as of the end of each fiscal quarter of the Company, commencing with the fiscal quarter ending September 30, 1997, for the period of four fiscal quarters then ended, to be less than (i) 1.45 to 1.0 as of the end of any fiscal quarter of the Company ending on or before March 31, 1998 or (ii) 1.60 to 1.0 as of the end of any fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 3 contracts

Sources: Credit Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD)

Fixed Charge Coverage Ratio. Maintain Commencing as of the end of each fiscal quarterTrigger Date, commencing the Fixed Charge Coverage Ratio for any Measurement Period, tested quarterly beginning with the fiscal quarter ending December 31September 30, 2018, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00:1.00.

Appears in 3 contracts

Sources: Credit Agreement (Endologix Inc /De/), Credit Agreement (Endologix Inc /De/), Credit Agreement (Endologix Inc /De/)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Beginning with the fiscal quarter ending December 31ended September 30, 20182008, a the Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 Ratio, for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the four consecutive fiscal quarter period ending December 29, 2019 and as of the end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 3 contracts

Sources: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisany quarterly financial reporting period to be less than 1.25 to 1.00.

Appears in 3 contracts

Sources: Credit Agreement Amendment (Delta Air Lines, Inc.), Credit Agreement (Delta Air Lines Inc /De/), 364 Day Term Loan Credit Agreement (Delta Air Lines, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Beginning with the fiscal quarter quarter-ending December March 31, 20182014, Borrower will at all times maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 1, calculated and tested quarterly on a rolling 4 quarters basis. The Fixed Charge Coverage Ratio is calculated as the EBITDA for the fiscal quarters ending December 31period minus Distributions, 2018 and ▇▇▇▇▇ ▇▇minus Non-Financed Capital Expenditures, ▇▇▇▇, (▇▇) 1.15 to 1.00 for divided by the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as sum of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basiscurrent maturities plus interest expense.

Appears in 2 contracts

Sources: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Stingray Energy Services, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December March 31, 20182023, as of the last day of each fiscal quarter of the Borrower, the Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.20:1.00.

Appears in 2 contracts

Sources: Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain Except as of the end of each fiscal quarterotherwise set forth in this Section 6.15(b), commencing with the fiscal quarter ending on or about December 3128, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 2002 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisthe Fixed Charge Coverage Ratio shall not be less than 1.75:1.

Appears in 2 contracts

Sources: Term Loan Modification Agreement (Merrimac Industries Inc), Term Loan Modification Agreement (Merrimac Industries Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each fiscal quarter thereafterof Borrowers (commencing with the fiscal quarter of Borrowers ending on September 30, in each case on a trailing twelve 1999) for the period of four (124) month basisconsecutive fiscal quarters of Borrowers then ending.

Appears in 2 contracts

Sources: Revolving Credit and Term Loan Agreement (Richton International Corp), Revolving Credit, Term Loan and Security Agreement (Richton International Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, on a consolidated basis a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.00 to 1.00 for the as of each fiscal quarters ending December 31quarter end, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for commencing with the fiscal quarter ending December 29September 30, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2018.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Celadon Group Inc)

Fixed Charge Coverage Ratio. Maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarterFiscal Quarter for the Test Period then ended, commencing beginning with the fiscal quarter Fiscal Quarter ending December March 31, 2018, a Fixed Charge Coverage Ratio 2015 of not less than (i) 1.10 1.25 to 1.00 for 1 prior to the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, payment of any dividend and (iiiii) 1.20 1.0 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1 after giving effect to any dividends.

Appears in 2 contracts

Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, Have a Fixed Charge Coverage Ratio Ratio, measured on a fiscal quarter-end basis, of not less than (i) 1.10 to 1.00 1.25:1.00 for the fiscal quarters 12 month period ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for on the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisof Borrower and its Subsidiaries.

Appears in 2 contracts

Sources: Credit Agreement (Realpage Inc), Credit Agreement (Realpage Inc)

Fixed Charge Coverage Ratio. Maintain Commencing June 30, 2014, maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.

Appears in 2 contracts

Sources: Credit Agreement (Brooklyn Cheesecake & Desert Com), Credit Agreement (Brooklyn Cheesecake & Desert Com)

Fixed Charge Coverage Ratio. Maintain as of At the end of each fiscal quarter, quarter commencing with the fiscal quarter ending December March 31, 20182014, a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.50 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.0; and

Appears in 2 contracts

Sources: Loan and Security Agreement (Jive Software, Inc.), Loan Modification Agreement (Jive Software, Inc.)

Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the end last day of each any fiscal quarter, commencing quarter beginning with the fiscal quarter ending December 31, 20181998, a Fixed Charge Coverage Ratio of shall not be less than (i) 1.10 1.5 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.

Appears in 2 contracts

Sources: Credit Agreement (Pxre Group LTD), Credit Agreement (Pxre Group LTD)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, at all times a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 311.00, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for commencing with the fiscal quarter ending December 29March 31, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1998.

Appears in 2 contracts

Sources: Credit Agreement (Ects a Scenic Technology Co Inc), Credit Agreement (Ects a Scenic Technology Co Inc)

Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for Holdings and its Subsidiaries, on a consolidated basis, as at the fiscal quarters last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2018 and ▇▇▇▇▇ ▇▇2020, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case measured on a trailing twelve (12) month basis, to be less than 1.25:1.00.

Appears in 2 contracts

Sources: Amendment and Restatement Agreement (DoubleVerify Holdings, Inc.), Amendment and Restatement Agreement (DoubleVerify Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending September 30, 2018, maintain as of the end of each fiscal quarter, commencing with quarter of the fiscal quarter ending December 31, 2018, Company a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0. 11.

Appears in 2 contracts

Sources: Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain Permit the Fixed Charge Coverage Ratio as of the end of each any fiscal quarterquarter of Holdings, commencing with the fiscal quarter ending December 31June 30, 20182015, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 1.75 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Vonage Holdings Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, of Company a Fixed Charge Coverage Ratio of not less than (i) 1.10 3.0 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.

Appears in 1 contract

Sources: Credit Agreement (Valassis Communications Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, on a consolidated basis a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.00 to 1.00 for the as of each fiscal quarters ending December 31quarter end, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for commencing with the fiscal quarter ending December 29June 30, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2018.

Appears in 1 contract

Sources: Credit Agreement (Celadon Group Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a its Fixed Charge Coverage Ratio of at not less than (ia) 1.10 to 1.00 for the fiscal quarters ending December as of March 31, 2018 2004 and ▇▇▇▇▇ ▇▇June 30, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 20192004, and (iiib) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of September 30, 2004 and at each fiscal quarter end thereafter, in each case on a trailing twelve (12) month basis.

Appears in 1 contract

Sources: Credit Agreement (Bioanalytical Systems Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio for the 12-month period ending at the end of that quarter of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 1 at March 31, 2018 2006 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) of not less than 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter 1 at all times thereafter, in each case on a trailing twelve (12) month basis.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Enpath Medical Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarterCommencing on June 30, commencing with the fiscal quarter ending December 312015, 2018cause to be maintained, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve for the four (124) month basisfiscal quarter period then ending.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Flotek Industries Inc/Cn/)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter period ending December 31, 2018, the Company shall maintain a Fixed Charge Coverage Ratio of not no less than (i) 1.10 1.0 to 1.00 for the fiscal quarters ending December 311, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as measured as of the end of such period and of each fiscal quarter thereafter, in each case on a trailing twelve (12. The terms of this Section 4.20(hh) month basisare subject to the terms of the Letter Agreement.

Appears in 1 contract

Sources: Securities Purchase Agreement (Cannex Capital Holdings Inc.)

Fixed Charge Coverage Ratio. Maintain Cause to be maintained as of the end of each fiscal quarterquarter of Image, commencing with the fiscal quarter ending December March 31, 20182012, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Image Entertainment Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 2007 and as of the end of each fiscal quarter thereafter, in each case on cause to be maintained, a trailing twelve (12) month basisFixed Charge Coverage Ratio of not less than 1.1 to 1.0.

Appears in 1 contract

Sources: Revolving Credit Security Agreement (Compudyne Corp)

Fixed Charge Coverage Ratio. Maintain at all times a Fixed Charge Coverage Ratio of not less than 1.05 to 1.0 as of the end of each fiscal quarter, calculated on a rolling four-quarter basis commencing with the fiscal four-quarter period ending December 31September 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1999.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (HMG Worldwide Corp)

Fixed Charge Coverage Ratio. Maintain Maintain, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 2.0 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.

Appears in 1 contract

Sources: Revolving Credit Agreement (Meadowbrook Insurance Group Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.0 to 1.00 1.0 for each period of four Fiscal Quarters, commencing with the fiscal quarters period of four Fiscal Quarters ending December March 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2017.

Appears in 1 contract

Sources: Loan and Security Agreement (Nortech Systems Inc)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarterFiscal Quarter, commencing with the fiscal quarter Fiscal Quarter ending December 31September 30, 20182020, a the Fixed Charge Coverage Ratio of shall not be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case 1.00. The Fixed Charge Coverage Ratio shall be measured quarterly on a trailing twelve (12) month rolling four quarter basis.

Appears in 1 contract

Sources: Credit Agreement (Construction Partners, Inc.)

Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not at any time to be less than (i) 1.10 to 1.00 1.10:1.00 for the four consecutive fiscal quarters ending December on January 31, 2018 and ▇▇▇▇▇ ▇▇April 30, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 31 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end 31 of each fiscal quarter thereafteryear commencing with January 31, in each case on a trailing twelve (12) month basis1996.

Appears in 1 contract

Sources: Credit Agreement (Chock Full O Nuts Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarterCommencing on June 30, commencing with the fiscal quarter ending December 312017, 2018cause to be maintained, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve for the four (124) month basisfiscal quarter period then ending.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Flotek Industries Inc/Cn/)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the consecutive four fiscal quarter period of Borrowers ending December October 31, 2018, cause to be maintained a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and measured as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisof Borrowers.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Virco MFG Corporation)

Fixed Charge Coverage Ratio. Maintain as of The Company will not at any time permit the end of each Fixed Charge Coverage Ratio to be less than 1.25 to 1.0 for the fiscal quarterquarters ending March 31, commencing with 2005 and June 30, 2005, 1.50 to 1.0 for the fiscal quarter ending September 30, 2005, 1.75 to 1.0 for the fiscal quarter ending December 31, 20182005, a Fixed Charge Coverage Ratio 2.0 to 1.0 for each of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December March 31, 2018 2006 and ▇▇▇▇▇ ▇▇June 30, ▇▇▇▇2006, (▇▇) 1.15 2.25 to 1.00 1.0 for each of the fiscal quarters ending July 14September 30, 2019 2006 and October 6December 31, 20192006, and (iii) 1.20 2.5 to 1.00 1.0 for the each fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve ." Section 2.6. Amendment to Section 10.3. (12) month basis.

Appears in 1 contract

Sources: Note Purchase Agreement (Insituform Technologies Inc)

Fixed Charge Coverage Ratio. Maintain Commencing March 31, 2011, cause to be maintained as of the end of each fiscal quarter, commencing with quarter for the fiscal quarter ending December 31, 2018four quarters then ended, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.1 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Merisel Inc /De/)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December 31June 30, 20182023, and each fiscal quarter thereafter, the Borrower will maintain, on a consolidated basis, calculated as of the last day of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 311.20 : 1.00, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case measured on a trailing twelve (12) twelve-month basis.

Appears in 1 contract

Sources: Credit Agreement (Issuer Direct Corp)

Fixed Charge Coverage Ratio. Maintain as At of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018Fiscal Quarter, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.75 to 1.00 for 1.0, measured on annualizing the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.last quarter’s reporting;

Appears in 1 contract

Sources: Installment Sale Agreement (SurgePays, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending ended December 31, 20181999, have a Consolidated Fixed Charge Coverage Ratio of not less than (i) 1.10 2.00 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Revolving Credit Agreement (Azurix Corp)

Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending on or about June 30, 2024, the Company will not permit, as of the end of each any fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Astronics Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and Assure that as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisof the Borrower the Fixed Charge Coverage Ratio is not less than 1.20 to 1.0.

Appears in 1 contract

Sources: Loan Agreement (Moog Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter Fiscal Quarter ending December 31September 30, 20182017, maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31at least 1.0:1.0, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and determined as of the end last day of each fiscal Fiscal Quarter for the trailing four quarter thereafter, in each case on a trailing twelve (12) month basisperiod then ended.

Appears in 1 contract

Sources: Loan and Security Agreement (Wireless Telecom Group Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of At each fiscal quarterquarter end occurring on and after September 30, commencing with the fiscal quarter ending December 311997, 2018, have a Fixed Charge Coverage Ratio of not less greater than (i) 1.10 or equal to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00:1.00.

Appears in 1 contract

Sources: Credit Agreement (Video Services Corp)

Fixed Charge Coverage Ratio. Maintain as of For the end of twelve-month period ending on each fiscal quarterFiscal Quarter end, commencing with the fiscal quarter ending December 31, 2018, maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.25:1.0.

Appears in 1 contract

Sources: Credit Agreement (Green Tree Financial Corp)

Fixed Charge Coverage Ratio. Maintain as The Company and its Subsidiaries shall maintain at all times a Fixed Charge Coverage Ratio, calculated on a trailing four quarters basis, of not less than: .935 to 1.0 for the end of each fiscal quarterquarter ending September 30, commencing with 2001, 1.02 to 1.0 for the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 2001 and 1.0625 to 1.00 1.0 for the all fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Perma Fix Environmental Services Inc)

Fixed Charge Coverage Ratio. Maintain as of at the end of each fiscal quarter, Fiscal Quarter of Holdings (commencing with the fiscal quarter ending December 31, 2018, 2001) a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.75:1.0.

Appears in 1 contract

Sources: Credit Agreement (Alpharma Inc)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarterFiscal Month, commencing with the fiscal quarter ending December 31, 2018, maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.0 to 1.00 1.0 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as period of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisconsecutive Fiscal Months most recently ended.

Appears in 1 contract

Sources: Loan and Security Agreement (Summer Infant, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, The Borrowers will maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.1 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and 1.0 as of the end of each fiscal quarter thereafter, in each case on a trailing month for the twelve (12) months then ended, commencing with the fiscal month basisending March 31, 2012.

Appears in 1 contract

Sources: Credit and Security Agreement (Miscor Group, Ltd.)

Fixed Charge Coverage Ratio. Maintain as of Beginning with Computation Period relating to the end of each fiscal quarter, commencing with the fiscal quarter Fiscal Quarter ending December on March 31, 20182008 and thereafter for each Computation Period relating to each Fiscal Quarter ending thereafter, a not permit the Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and calculated as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12Fiscal Quarter) month basisto be less than 1.00:1.00.

Appears in 1 contract

Sources: Credit Agreement (Russ Berrie & Co Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the first fiscal quarter ending December 31of 2016, 2018, Borrowers will have a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31Ratio, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of measured at the end of each fiscal quarter thereafterfor the four (4) quarters then ended, in each case on a trailing twelve (12) month basisof at least 1.1:1.0.

Appears in 1 contract

Sources: Credit Agreement (Inventure Foods, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December 31, 20182021, as of the last day of each fiscal quarter of the Borrower, the Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.20:1.00.

Appears in 1 contract

Sources: Credit Agreement (Limbach Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending July 31, 2012, cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 .70 to 1.00 for the fiscal quarters quarter ending December July 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, 2012 and (iiiii) 1.20 1.10 to 1.00 1.0 for the fiscal each quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case measured on a trailing twelve rolling four (124) month quarter basis.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Amrep Corp.)

Fixed Charge Coverage Ratio. Maintain Permit the Fixed Charge Coverage Ratio as of the end of each fiscal quarter, any Fiscal Quarter of the Borrower commencing with the fiscal quarter ending December on and after March 31, 2018, a Fixed Charge Coverage Ratio of not 2012 to be less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Powersecure International, Inc.)

Fixed Charge Coverage Ratio. Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of the end of each fiscal quarterquarter end, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2017.

Appears in 1 contract

Sources: Credit Agreement (Celadon Group Inc)

Fixed Charge Coverage Ratio. Maintain Commencing as of the end first Fiscal Quarter ending subsequent to the Closing Date and continuing as of each fiscal quarterFiscal Quarter end until Bank Facilities Termination, commencing with the fiscal quarter ending December 31, 2018, Borrower Consolidation shall maintain a Fixed Charge Coverage Ratio of not no less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Black Hawk Gaming & Development Co Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the second fiscal quarter ending December 31of 2017, 2018, Borrowers will have a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31Ratio, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of measured at the end of each fiscal quarter thereafterfor the four (4) quarters then ended, in each case on a trailing twelve (12) month basisof at least 1.1:1.0.

Appears in 1 contract

Sources: Credit Agreement (Inventure Foods, Inc.)

Fixed Charge Coverage Ratio. Maintain as As of the end of each any fiscal quarterquarter end, --------------------------- commencing with the fiscal quarter ending December March 31, 20182000, a permit the Fixed Charge Coverage Ratio of not to be less than (i) 1.10 1.00 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Edutrek Int Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, quarterly a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 311.00, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for measured as follows: commencing with the fiscal quarter ending December 29June 30, 2019 and 2005, as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month four quarter basis.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Input Output Inc)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarter, commencing with permit the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not for such period to be less than (i) 1.10 1.75 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Amerigroup Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.0 to 1.00 for the fiscal quarters ending December 311.0, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of calculated on a quarterly basis at the end of each fiscal quarter thereafterFiscal Quarter for the immediately preceding 4 Fiscal Quarters, in each case commencing with the Fiscal Quarter ending on a trailing twelve (12) month basisSeptember 8, 2001. f. By adding the following new Section 10.1.13 to the Loan Agreement immediately following Section 10.1.12:

Appears in 1 contract

Sources: Loan and Security Agreement (Toms Foods Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Medamicus Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December 31June 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 2006 and as of the end of each fiscal quarter thereafter, in each case on cause to be maintained, a trailing twelve (12) month basisFixed Charge Coverage Ratio of not less than 1.1 to 1.0.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Compudyne Corp)

Fixed Charge Coverage Ratio. Maintain as of at all times a Fixed Charge Coverage Ratio, on a consolidated basis, equal to or greater than 1.10 to 1.00, reported at the end of each fiscal quarter, Fiscal Quarter commencing with the fiscal quarter Fiscal Quarter ending December 31June 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2008.

Appears in 1 contract

Sources: Credit Facility Agreement (Iec Electronics Corp)

Fixed Charge Coverage Ratio. Maintain Commencing in respect of the fiscal quarter ending May 31, 2017, cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.00 to 1.00 for the fiscal quarters ending December 311.00, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case measured on a trailing twelve rolling four (124) month quarter basis.

Appears in 1 contract

Sources: Term Loan Credit and Guaranty Agreement (New Enterprise Stone & Lime Co., Inc.)

Fixed Charge Coverage Ratio. Maintain Permit, as of the end of each any fiscal quarter, commencing with the fiscal quarter ending December 31September 30, 20182007, a the Fixed Charge Coverage Ratio of not to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Kenexa Corp)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31September 30, 20182013, a maintain its Fixed Charge Coverage Ratio of at not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.25:1.00.

Appears in 1 contract

Sources: Credit Agreement (Ballast Point Brewing & Spirits, Inc.)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarter, commencing with permit the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not for such period to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2.5:1.0.

Appears in 1 contract

Sources: Credit Agreement (Amerigroup Corp)

Fixed Charge Coverage Ratio. Maintain as of the To maintain on a rolling four- quarter basis starting with fiscal year end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 20181997, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisat least 1.15:1.

Appears in 1 contract

Sources: Commercial Loan Agreement (Titan Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, quarter end commencing with the fiscal quarter ending on December 31, 20182000, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00:1.00.

Appears in 1 contract

Sources: Credit Agreement (Insight Communications Co Inc)

Fixed Charge Coverage Ratio. Maintain as of The Fixed Charge Coverage Ratio at the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of Fiscal Quarter shall not be less than (i) 1.10 2.75 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisFiscal Quarter just ended.

Appears in 1 contract

Sources: Credit Agreement (Global Payments Inc)

Fixed Charge Coverage Ratio. Maintain Permit the Fixed Charge Coverage Ratio as of the end of each any fiscal quarterquarter of Holdings, commencing with the fiscal quarter ending December 31September 30, 20182011, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 1.75 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Vonage Holdings Corp)

Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for Holdings and its Subsidiaries, on a consolidated basis, as at the fiscal quarters last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2018 and ▇▇▇▇▇ ▇▇2020, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case measured on a trailing twelve (12) month basis., to be less than 1.25:1.00. ​

Appears in 1 contract

Sources: Credit Agreement (DoubleVerify Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of 1.00. The Fixed Charge Coverage Ratio will be tested starting with the end of each fiscal quarter thereafter, in each case Fiscal Year 1999 financial results and will be tested on a trailing twelve (12) month basisrolling four quarters basis going forward.

Appears in 1 contract

Sources: Loan Agreement (Tropical Sportswear International Corp)

Fixed Charge Coverage Ratio. Maintain as As of the end last day of each any fiscal quarter, quarter of the Company commencing with the fiscal quarter ending December 31March 29, 20182003, a permit the Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the period of four consecutive fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 on such date to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 be less than 1.10 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Tasty Baking Co)

Fixed Charge Coverage Ratio. Maintain Permit, as of the end of each fiscal quarter commencing June 30, 1997, the Fixed Charge Coverage Ratio to be less than 2.25 to 1.0 as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 1 contract

Sources: Credit Agreement (Corestaff Inc)

Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 Borrower and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and its Subsidiaries as of the end of each fiscal quarter thereafterof the Borrower, in each case commencing with the fiscal quarter of the Borrower ending December 31, 2005, to be less than 1.25 to 1.00, as determined on a trailing twelve (12) month basisRolling Four Quarter Basis.

Appears in 1 contract

Sources: Credit Agreement (Find SVP Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the Company’s fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 ended September 2015 and for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basispermit the Fixed Charge Coverage Ratio as of the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0.

Appears in 1 contract

Sources: Convertible Note (Apollo Medical Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarterquarter end, commencing with the fiscal quarter ending December 31on June 30, 20182001, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00:1.00.

Appears in 1 contract

Sources: Credit Agreement (Insight Communications Co Inc)

Fixed Charge Coverage Ratio. Maintain as of Permit or suffer the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Consolidated Fixed Charge Coverage Ratio of not the Company and its Subsidiaries to be less than (i) 1.10 at 3.0 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and 1.0; calculated as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisfor the four immediately preceding fiscal quarters.

Appears in 1 contract

Sources: Loan Agreement (Jabil Circuit Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as As of the end of each fiscal quarter thereafterfor the four fiscal quarters then ended, in each case on a trailing twelve (12) month basisthe Fixed Charge Coverage Ratio shall not be less than 1.50:1.00.

Appears in 1 contract

Sources: Credit Agreement (Westcoast Hospitality Corp)

Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending January 31, 2012, have a Fixed Charge Coverage Ratio, measured on a quarter-end basis, of at least 1.33:1.00 for each 12 month period ending as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 1 contract

Sources: Credit Agreement (Nevada Gold & Casinos Inc)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) at least 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each fiscal quarter thereafterFiscal Quarter commencing with the Fiscal Quarter ending September 30, in each case on a trailing twelve (12) month basis2010.

Appears in 1 contract

Sources: Loan and Security Agreement (South Texas Supply Company, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the Have a Fixed Charge Coverage Ratio, measured on a quarter-end of each fiscal quarter, commencing basis (beginning with the fiscal quarter ending December 31September 30, 2018), a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.50 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the four fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisperiod then ending.

Appears in 1 contract

Sources: Credit Agreement (AerSale Corp)

Fixed Charge Coverage Ratio. Maintain as of Have at the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.50 : 1.00.

Appears in 1 contract

Sources: Credit Agreement (Ceradyne Inc)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, there shall be maintained a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the at least: For fiscal quarters ending December prior to May 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for 1996 1.5:1.0 From the fiscal quarter ending December 29May 31, 2019 and as of 1996 through the end of each fiscal quarter thereafterending February 28, in each case on a trailing twelve (12) month basis.1998 1.25:1.0 For fiscal quarters ending after February 28, 1998 1.5:1.0

Appears in 1 contract

Sources: Credit Agreement (Heilig Meyers Co)

Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31of the Company ended on the date set forth above, 2018, a the Fixed Charge Coverage Ratio of is not less than (i) 1.10 1.20 to 1.0. to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.0 Yes or No

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Phosphate Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Beginning with the fiscal quarter ending December 31September 30, 20182012, a and at all times thereafter, the Fixed Charge Coverage Ratio of may not at any time be less than (i) 1.10 1.25 to 1.00 1.00. The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the fiscal quarters four fiscal-quarter period ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisof Borrower.

Appears in 1 contract

Sources: Credit Agreement (Vertex Energy Inc.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with (1) For the fiscal quarter quarters ending December August 31, 20182003, and November 30, 2003, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the 1.10:1.0, measured on a fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇quarter-end basis, (▇▇2) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December February 29, 2019 2004, a Fixed Charge Coverage Ratio of not less than 1.20:1.0, measured on a fiscal quarter-end basis, and as of (3) for the end of fiscal quarter ending May 31, 2004, and for each fiscal quarter ending thereafter, in each case on a trailing twelve (12) month basis.Fixed Charge Coverage Ratio of not less than 1.25:1.0;

Appears in 1 contract

Sources: Loan and Security Agreement (California Amplifier Inc)

Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending July 31, 2010, cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 1.0, measured on a rolling four (4) quarter basis, provided however that for the first 3 fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for following the Closing Date the Fixed Charge Coverage Ratio shall be measured from the first day of the fiscal quarters ending July 14year commencing May 1, 2019 and October 6, 2019, and (iii) 1.20 2010 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basissuch quarter.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Amrep Corp.)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.0 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and 1.0. as of the end of each fiscal quarter thereafterany Fiscal Quarter commencing with the Fiscal Quarter ending March 31, in each case on a trailing twelve (12) month basis2010.

Appears in 1 contract

Sources: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Fixed Charge Coverage Ratio. Maintain as of Commencing with the fiscal --------------------------- quarter ending June 30, 2005, maintain a Fixed Charge Coverage Ratio at the end of each fiscal quarter, commencing with respect to the four fiscal quarter ending December 31quarters then ended, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, Cause to be maintained a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.15 to 1.00 1.0 for the fiscal quarters four quarter period ending December as of March 31, 2018 2020 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.

Appears in 1 contract

Sources: Revolving Credit, Term Loan and Security Agreement (Perma Fix Environmental Services Inc)

Fixed Charge Coverage Ratio. Maintain Maintain, as of the end of each fiscal quarterFiscal Month, commencing beginning with the fiscal quarter Fiscal Month ending December August 31, 20182015, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.10:1.00.

Appears in 1 contract

Sources: Credit Agreement (Precision Aerospace Components, Inc.)

Fixed Charge Coverage Ratio. Maintain Cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31June 30, 20182000, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing rolling twelve (12) month basis, a Fixed Charge Ratio equal to or greater than 1.05 to 1.0.

Appears in 1 contract

Sources: Consignment Agreement (Semx Corp)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December 31beginning on October 1, 20182020, a the Fixed Charge Coverage Ratio of is not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.15:1.00.

Appears in 1 contract

Sources: Credit Agreement (Dirtt Environmental Solutions LTD)

Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December March 31, 20182021, as of the last day of each fiscal quarter of the Borrower, the Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.20:1.00.

Appears in 1 contract

Sources: Credit Agreement (Limbach Holdings, Inc.)

Fixed Charge Coverage Ratio. Maintain Cause to be maintained as of the end of each fiscal quarter, quarter of the Company commencing with the fiscal quarter ending December March 31, 20182005, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.

Appears in 1 contract

Sources: Revolving Credit and Security Agreement (Phosphate Holdings, Inc.)