Common use of Fixed Charges Coverage Clause in Contracts

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2000, the ratio of Income Available for Fixed Charges to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 Fiscal Quarters shall at all times be greater than 2.75 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Airborne Freight Corp /De/)

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Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June September 30, 20001997, the ratio of Income Available for Fixed Charges for the immediately preceding 4 Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 4 Fiscal Quarters then ended, shall at all times be greater not have been less than 2.75 2.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Papers Inc)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2000, the ratio of Income Available for Fixed Charges to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 Fiscal Quarters shall at all times be greater than (i) 2.25 to 1.0 for the Fiscal Quarter ending March 31, 2001, and (ii) 2.75 to 1.01.0 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Airborne Inc /De/)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June November 30, 20002001, the ratio of Income Available for Fixed Charges to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of 4 consecutive Fiscal Quarters then ended shall at all times not be greater less than 2.75 1.5 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (National Service Industries Inc)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing beginning with the Fiscal Quarter ending June 30January 31, 20001999, the ratio of Income Available for Fixed Charges for the period of 4 consecutive Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of 4 consecutive Fiscal Quarters then ended, shall at all times be greater than 2.75 (a) 1.40 to 1.01.00 for each Fiscal Quarter ending on or before October 29, 2000, and (b) 1.50 to 1.00 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 20001998, the ratio of Income Available for Fixed Charges for the period of 4 Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of 4 Fiscal Quarters then ended, shall at not have been less than (a) 2.00 to 1.00 for all times be greater than 2.75 Fiscal Quarters ending prior to 1.0but excluding September 30, 2000, and (b) 2.50 to 1.00 for all Fiscal Quarters ending on or after September 30, 2000.

Appears in 1 contract

Samples: Credit Agreement (Woodward Governor Co)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending June 30March 31, 20001996, the ratio of Income Available for Fixed Charges to for the twelve months then ended, expressed as a multiple of Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 Fiscal Quarters twelve months then ended, shall at all times be greater not have been less than 2.75 to 1.04.00.

Appears in 1 contract

Samples: Credit Agreement (Bull Run Corp)

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Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing with Quarter from the Fiscal Quarter ending June 30January 31, 20002005 through and including the Fiscal Quarter ending January 31, 2006, the ratio of Income Available for Fixed Charges for the period of 4 consecutive Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of 4 consecutive Fiscal Quarters then ended, shall at all times be greater than 2.75 1.35 to 1.01.00. At the end of each Fiscal Quarter thereafter, the ratio of Income Available for Fixed Charges for the period of 4 consecutive Fiscal Quarters then ended to Consolidated Fixed Charges for the period of 4 consecutive Fiscal Quarters then ended, shall be greater than 1.40 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing beginning with the Fiscal Quarter ending June 30October 31, 20002004, the ratio of Income Available for Fixed Charges for the period of four (4) consecutive Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of four (4) consecutive Fiscal Quarters then ended, shall at all times be greater than 2.75 (a) 1.35 to 1.01.00 for each Fiscal Quarter ending on or before January 31, 2006 and (b) 1.40 to 1.00 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

Fixed Charges Coverage. is amended by striking the language thereof in its entirety and substituting the following: "At the end of each Fiscal Quarter, commencing beginning with the Fiscal Quarter ending June 30February 3, 20002002, the ratio of Income Available for Fixed Charges for the period of 4 consecutive Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of 4 consecutive Fiscal Quarters then ended, shall at all times be greater than 2.75 1.50 to 1.01.00."

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

Fixed Charges Coverage. At the end of each Fiscal Quarter, commencing beginning with the Fiscal Quarter ending June 30February 3, 20002002, the ratio of Income Available for Fixed Charges for the period of 4 consecutive Fiscal Quarters then ended to Consolidated Fixed Charges for the Fiscal Quarter just ended and the immediately preceding 3 period of 4 consecutive Fiscal Quarters then ended, shall at all times be greater than 2.75 1.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Hancock Fabrics Inc)

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