Common use of Fixed Charges Coverage Ratio Clause in Contracts

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than (a) with respect to the fiscal quarter of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 to 1.00.

Appears in 3 contracts

Samples: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)

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Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio [to be less than (a) with respect to the]as of the last day of each fiscal quarter [of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 2.00]ending after the Fourth Amendment Effective Date to be less than 2.50 to 1.00.

Appears in 2 contracts

Samples: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)

Fixed Charges Coverage Ratio. The Company will not at any time permit the Consolidated Fixed Charge Charges Coverage Ratio to be less than (a) with respect to than: PERIOD RATIO During each of the second, third and fourth fiscal quarter of 2003 2.00 to 1.00 During the Company ending December 31, 2014 first fiscal quarter of 2004 2.25 to 1.00 During the second fiscal quarter of 2004 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 2.50 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 to 1.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Teletech Holdings Inc)

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Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio [to be less than (a) with respect to the]as of the last day of each fiscal quarter [of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 2.00]ending after the Seventh Amendment Effective Date to be less than 2.50 to 1.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Aaron's Inc)

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