Common use of Fixed Charge Coverage Ratio Clause in Contracts

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 1.00 to 1.01.00 as of each fiscal quarter end. 11This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period.

Fixed Charge Coverage Ratio. Commencing with Permit on a consolidated basis the fiscal quarter ending March 31, 2018, maintain as of Fixed Charge Coverage Ratio to be less than 2.00 to 1.0. This ratio will be calculated at the end of each fiscal quarter reporting period for which the Administrative Agent requires financial statements, using the results of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11twelve-month period ending with that reporting period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 1.10 to 1.0. 111.00 at the end of each fiscal quarter of Borrowers (commencing with the fiscal quarter of Borrowers ending on September 30, 1999) for the period of four (4) consecutive fiscal quarters of Borrowers then ending.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, Borrowers on a Consolidated Basis shall maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 1.10 to 1.0. 111.00 for the four fiscal quarters ending September 30, 2008 and for each fiscal quarter ending thereafter, on a rolling four quarter basis.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018On a consolidated basis, maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less greater than or equal to 1.25 to 1.0. 11.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 1.15 to 1.0. 11This ratio will be calculated as of the last day of each fiscal quarter of the Borrower based upon the preceding twelve-month period, commencing on the last day of the first fiscal quarter in which the Borrower or its Subsidiaries own at least one Qualified Store.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, The Borrowers shall maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarter of Fiscal Quarter calculated for the Company a Fixed Charge Coverage Ratio twelve Fiscal Months then ending of not less than 1.25 1.5 to 1.0. 11.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March on December 31, 2018, maintain as of the end of 2005 and for each fiscal quarter of the Company thereafter, maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least level 1.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0deliver financial statements, using the results of the four-fiscal quarter period ending with that reporting period. 11The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrower and its Subsidiaries will at all times maintain, 2018on a consolidated basis, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.01.00. 11The Fixed Charge Coverage Ratio shall be calculated and tested quarterly as of the last day of each Fiscal Quarter for the Calculation Period ending on the last day of such Fiscal Quarter.

Fixed Charge Coverage Ratio. Commencing with Maintain a consolidated Fixed Charge Coverage Ratio of not less than 1.2 to 1.00. For purposes of this Agreement, the fiscal quarter ending March 31, 2018, maintain Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter of Borrower for the Company a Fixed Charge Coverage Ratio four fiscal quarter period most recently ended, commencing with the fiscal quarter of not less than 1.25 to 1.0. 11ending as of March 31, 2023.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.25:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0deliver financial statements, using the results of the twelve-month period ending with that reporting period. 11The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, Company shall maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 2.00 to 1.0. This ratio will be calculated as of the end of each fiscal quarter of Company, using the Company a Fixed Charge Coverage Ratio results of not less than 1.25 to 1.0. 11the twelve-month period ending on the last day of such fiscal quarter.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.35:1.0. This ratio will be calculated at the end of each quarterly reporting period for which this Agreement requires Borrower to 1.0deliver financial statements, using the results of the twelve-month period ending with that reporting period. 11The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with Have a Fixed Charge Coverage Ratio, measured on a fiscal quarter-end basis, of not less than 1.25:1.00 for the fiscal quarter 12 month period ending March 31, 2018, maintain as of on the end last day of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11Borrower and its Subsidiaries.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than MICROS and all Subsidiaries of at least 1.25 to 1.0. 11This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the twelve-month period ending with that reporting period. The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 1.00 to 1.0. 111.00 as of each fiscal quarter end, commencing with the fiscal quarter ending September 30, 2018.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain, 2018on a Consolidated basis, maintain as of the end of each fiscal quarter of quarter, for the Company twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than 1.25 1.10 to 1.0. 111.00.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 to 1.01.00. 11The Fixed Charge Coverage Ratio shall be calculated on a consolidated basis and tested quarterly as of the end of each fiscal quarter of Borrower, commencing with the fiscal quarter ending as of December 31, 2017, and the relevant period of determination shall be the four fiscal quarter period ending as of each such date of calculation.

Fixed Charge Coverage Ratio. Commencing with Permit or suffer the fiscal quarter ending March 31Fixed Charge Coverage Ratio, 2018, maintain determined for the Borrower and its Subsidiaries on a Consolidated basis as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not Borrower commencing with the fiscal quarter ending September 30, 2014, to be less than 1.25 1.30 to 1.0. 111.00.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11at least 1.35:1.0.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.10 to 1.0. 111.00 for each period of four Fiscal Quarters ending during any Trigger Period and for the four Fiscal Quarters ending immediately prior to the commencement of such Trigger Period for which Agent has received financial statements from Borrower.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 111.25:1.00 or greater, measured at the end of each reporting period for which the Bank requires financial statements from the Borrower, using the results of the trailing twelve-month period ending with that reporting period, with the first calculation reflected in the Initial Compliance Certificate, and in each subsequent Compliance Certificate.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018On a consolidated basis, maintain as of the end of each fiscal quarter of the Company a Consolidated Fixed Charge Coverage Ratio (calculated on a one fiscal quarter basis) as of not the first Measurement Date occurring during the Covenant Adjustment Period (the “Fixed Charge Coverage Ratio Measurement Date”) of no less than 1.25 to 1.0. 111.00.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Credit Parties and their Subsidiaries, 2018on a Consolidated basis, shall maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio (a) during each Fiscal Quarter of not less than 1.25 .80 to 1.0. 111.00, and (b) during each period of four consecutive Fiscal Quarters of not less than 1.15 to 1.00.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain on a consolidated basis, 2018, maintain as of the end of each fiscal quarter of the Company quarter, a Fixed Charge Coverage Ratio of not less than 1.25 1.50 to 1.01.00. 11The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the four fiscal-quarter period ended as of the last day of each fiscal quarter, beginning June 30, 2009, and on the last day of each fiscal quarter thereafter.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.75:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0. 11deliver financial statements for the Rolling Period then ended.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11at least 1.25:1.00.This ratio will be calculated at the end of each quarterly accounting period in the Company's fiscal year using the results of the 12 month period ending with that reporting period.

Fixed Charge Coverage Ratio. Commencing Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 as of each fiscal quarter end, commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Borrower and its Subsidiaries on a consolidated basis will have a Fixed Charge Coverage Ratio Ratio, measured on a quarter-end basis, of not less than 1.25 at least 1.00 to 1.0. 111.00 for the twelve (12) month period ending on the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2014.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain at all times a Fixed Charge Coverage Ratio, 2018on a consolidated basis, maintain reported as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than quarter, equal to or greater than: Through 3/31/07 0.65 to 1.00 4/1/07 through 6/30/07 0.55 to 1.00 7/1/07 through 9/29/07 1.10 to 1.00 9/30/07 and thereafter 1.25 to 1.0. 11.1.00

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain Maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least 1.25:1.0 as of the end of each fiscal quarter that Borrower fails to maintain an Average Monthly Balance of Unrestricted Cash and Cash Equivalents equal to or greater than $12,000,000 during that fiscal quarter. This ratio will be calculated at the Company a Fixed Charge Coverage Ratio end of not less than 1.25 to 1.0. 11each fiscal quarter using the results of that fiscal quarter.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least [***] from the Closing Date through [***] and at least [***] and thereafter. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0deliver financial statements, using the results of the twelve-month period ending with that reporting period. 11The scheduled current portion of long-term liabilities will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least the ratios indicated for each period specified below: For the four consecutive fiscal quarters ending December 31, 2007 and each fiscal quarter thereafter 1.50:1.00 For the avoidance of doubt, interest or principal payments made prior to the Closing Date shall not less than 1.25 to 1.0. 11be included in the calculation of Fixed Charge Coverage Ratio.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 1.00 to 1.0. 111.00 as of each fiscal quarter end, commencing with the fiscal quarter ending September 30, 2017.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Borrowers and their Subsidiaries, 2018on a consolidated basis, will maintain a Fixed Charge Coverage Ratio, calculated as of the end of each fiscal quarter ending on or after June 30, 2010, of the Company a Fixed Charge Coverage Ratio of not no less than 1.25 1.50 to 1.0. 111.00.

Fixed Charge Coverage Ratio. Commencing with During any period when the fiscal quarter ending March 31sum of Excess Availability plus Qualified Cash is equal to or less than $10,000,000, 2018Borrowers shall maintain, maintain as of the end of on a consolidated basis, for each fiscal quarter, on a rolling four-quarter of the Company basis, a Fixed Charge Coverage Ratio of not less than 1.25 1.0 to 1.0. 11.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0at least 1.25:1:0. 11This ratio will be calculated at the end of each Fiscal Quarter during the term hereof, using the results of the twelve-month period then ended.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company on a consolidated basis a Fixed Charge Coverage Ratio of not less than at least 1.25 to 1.0. 111 as of September 30, 2009, and as of each fiscal quarter end thereafter.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than at least 1.25 to 1.01.00. 11This ratio will be calculated at each March 31, June 30, September 30 and December 31, using the results of the twelve-month period ending with that reporting period, beginning with the fiscal quarter ended December 31, 2010. The current portion of long-term liabilities will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0at least 1.20:1.00. 11This ratio will be calculated and tested at the end of each quarter (commencing with the quarter ended September 30, 2016) for the four fiscal quarter period then ended.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0at least 1.50:1. 11This ratio will be calculated at the end of each fiscal quarter, using the results of that quarter and each of the three immediately preceding fiscal quarters.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain on a consolidated basis, 2018, maintain as of the end of each fiscal quarter of the Company a minimum Fixed Charge Coverage Ratio of not 1.50 to 1.00, measured quarterly, on a rolling four-quarter basis. For purposes of this computation, "Fixed Charge Coverage Ratio" means the sum of after-tax income plus depreciation and amortization plus lease expense plus interest expense less than 1.25 to 1.0. 11dividends and non-cash income, divided by the sum of lease expense plus interest expense plus current maturities of long-term debt.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least 2.00:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrowers to 1.0. 11deliver financial statements, using the results of the twelve-month period ending with that reporting period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 1.00 to 1.0. 111.00 as of each fiscal quarter end, commencing with the fiscal quarter ending December 31, 2017.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Borrower shall maintain, 2018on a consolidated basis, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 1.25:1.00 at all times during the term of the Loans. The Fixed Charge Coverage Ratio shall be calculated by Borrower on the last day of each fiscal year-end of Borrower, and shall be delivered to 1.0. 11Lender within one hundred twenty (120) days after last day of each fiscal year-end of Borrower, commencing with the fiscal year ending December 31, 2013.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain at all times a Fixed Charge Coverage Ratio of not less Ratio, on a consolidated basis, equal to or greater than 1.25 to 1.0. 111.00, reported at the Closing Date and at each succeeding Fiscal Quarter end.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.5:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0. 11deliver financial statements for the Rolling Period then ended.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 at least 1.75:1.0. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to 1.0. 11deliver financial statements for the Rolling Period then ended.”

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31To maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least 1.50 to1.00, 2018, maintain calculated as of the end of each fiscal quarter quarter-annual reporting period for which the Bank requires financial statements, using the results of the Company a Fixed Charge Coverage Ratio twelve-month period ending with the end of not less than 1.25 to 1.0that reporting period. 11.For purposes of this covenant:

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain at all times a Fixed Charge Coverage Ratio, 2018on a consolidated basis, maintain as of equal to or greater than 1.10 to 1.00, reported at the end of each fiscal quarter of Fiscal Quarter commencing with the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11Fiscal Quarter ending June 30, 2009.

Fixed Charge Coverage Ratio. Commencing with Maintain a consolidated Fixed Charge Coverage Ratio of not less than 1.2 to 1.00. For purposes of this Agreement, the fiscal quarter ending March 31, 2018, maintain Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter of Borrower for the Company a Fixed Charge Coverage Ratio four fiscal quarter period most recently ended, commencing with the fiscal quarter of not less than 1.25 to 1.0. 11ending as of June 30, 2022.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain at all times a Fixed Charge Coverage Ratio of not less Ratio, on a consolidated basis, equal to or greater than 1.25 to 1.0. 111.00, reported at the Prior Closing Date and at each succeeding Fiscal Quarter end.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio (for the Loan Parties on a consolidated basis) of not less than 1.25 1.10 to 1.0. 111.00 calculated as of the last day of the fiscal quarter ending on December 31, 2018 for the period equal to four (4) consecutive fiscal quarters then ending and as of the last day of each fiscal quarter thereafter for the period equal to the four (4) consecutive fiscal quarters then ending.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 1.00 to 1.0. 111.00 as of each fiscal quarter end, commencing with the fiscal quarter ending June 30, 2018.

Fixed Charge Coverage Ratio. Commencing The Company shall maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least 1.35:1.0 commencing with the fiscal quarter ending March 31June 30, 2018, maintain 2016 and for all periods thereafter. This ratio will be calculated as of the end of each fiscal quarter using the results of the Company a Fixed Charge Coverage Ratio twelve-month period ending with that reporting period. The current portion of not less than 1.25 to 1.0. 11long-term debt and the current portion of capitalized lease obligations will be measured as of the last day of the calculation period.

Fixed Charge Coverage Ratio. Commencing with The Borrower will maintain on a consolidated basis as of the end of each fiscal quarter, on a rolling four quarter ending March 31basis, 2018a Fixed Charge Coverage Ratio of at least 1.20 to 1, maintain measured as of the end of each fiscal quarter of the Company Borrower. All of the above financial covenants shall be computed and determined in accordance with the Applicable Accounting Standards applied on a Fixed Charge Coverage Ratio of not less than 1.25 consistent basis (subject to 1.0. 11normal year-end adjustments).

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as Maintain on a consolidated basis for Borrower and its Subsidiaries a Fixed Charge Coverage Ratio of at least 1.50:1.00. This ratio will be calculated at the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11Borrower.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company on a consolidated basis a Fixed Charge Coverage Ratio of not less than at least 1.25 to 1.01. 11This ratio will be calculated at the end of each fiscal quarter, using the results of the twelve-month period ending with that fiscal quarter. “Fixed Charge Coverage Ratio” means the ratio of (i) EBITDAR (as defined in Section 8.4(d)), to (ii) cash interest expense plus cash occupancy expense.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company at all times a Fixed Charge Coverage Ratio of not less than 1.25 to 1.01.25:1.00. 11Each of the ratios described in this Section 12.2 shall be calculated quarterly on the last day of each full fiscal quarter of the Borrower on a rolling twelve (12) month basis, based on the consolidated financial statements of the Borrower.

Fixed Charge Coverage Ratio. Commencing with Permit the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not for the Borrowers and their Subsidiaries, on a consolidated basis, to be less than 1.25 to 1.0. 111, as measured on a quarterly basis using the consolidated results of the four fiscal quarter period ending with the applicable reporting period as required by Section 9(a)(2).

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as Maintain on a consolidated basis a Fixed Charge Coverage Ratio of greater than or equal to 1.25 to 1.0. The Fixed Charge Coverage Ratio will be calculated at the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio Company, using the results of not less than 1.25 the twelve-month period ending with such fiscal quarter. The current portion of long-term liabilities will be measured as of the date twelve months prior to 1.0. 11the current financial statements.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31To maintain on a consolidated basis a Fixed Charge Coverage Ratio of at least 1.25 to 1.00, 2018, maintain calculated as of the end of each fiscal quarter quarter-annual reporting period for which the Bank requires financial statements, using the results of the Company a Fixed Charge Coverage Ratio twelve-month period ending with the end of not less than 1.25 to 1.0that reporting period. 11.For purposes of this covenant:

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31The Company will, 2018on a consolidated basis, maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarter Fiscal Quarter, commencing with the Fiscal Quarter ending December 30, 2012, of greater than or equal to the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11.following:

Fixed Charge Coverage Ratio. Commencing Maintain at all times on a consolidated basis with the fiscal quarter ending March 31Entity Guarantor, 2018a Fixed Charge Coverage Ratio not less than 1.25 to 1.00, maintain to be tested as of the end of each fiscal quarter of the Company Borrower, calculated on a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11trailing 12-month basis.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0at least 1.15:1.0. 11This ratio will be calculated at the end of each reporting period for which the Bank requires financial statements, using the results of the twelve-month period ending with that reporting period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, To maintain as of the end of each fiscal quarter of the Company on a consolidated basis a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0at least 1.20:1.0. 11This ratio shall be calculated at the end of each quarterly reporting period for which the Bank requires financial statements, using the results of the twelve-month period ending with the last day of that reporting period.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain at all times a Fixed Charge Coverage Ratio, 2018on a consolidated basis, maintain as of equal to or greater than 1.10 to 1.00, reported at the end of each fiscal quarter of Fiscal Quarter commencing with the Company a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11Fiscal Quarter ending June 30, 2008.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company a A Fixed Charge Coverage Ratio shall be maintained of not less than 1.25 1.10 to 1.01.00 as of the last day of each fiscal quarter, commencing with the first fiscal quarter after the Closing; provided that such ratio may be less than 1.10:1.00 if Average Excess Availability is at least $75,000,000 (without giving effect to clause (k) of the definition of Borrowing Base for the purpose of calculating such Excess Availability). 11.ARTICLE

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31Maintain a Fixed Charge Coverage Ratio, 2018on a Consolidated basis, maintain as of not less than 1.45 calculated at the end of each fiscal quarter of the Company on a Fixed Charge Coverage Ratio of not less than 1.25 to 1.0. 11rolling four quarter basis.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Maintain a Fixed Charge Coverage Ratio (for the Loan Parties and their Subsidiaries on a consolidated basis) of not less than 1.25 1.20 to 1.0. 111.00 calculated as of the last day of the fiscal quarter ending on December 31, 2010 for the period equal to four (4) consecutive fiscal quarters then ending and as of the last day of each fiscal quarter thereafter for the period equal to the four (4) consecutive fiscal quarters then ending.

Fixed Charge Coverage Ratio. Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter of the Company Borrower and its Subsidiaries on a consolidated basis will have a Fixed Charge Coverage Ratio Ratio, measured on a quarter-end basis, of not less than 1.25 at least 1.00 to 1.0. 111.00 for the twelve (12) month period ending on the last day of each fiscal quarter.