Fixed Charges Ratio. Deere shall make income maintenance payments to JDCC, constituting additions to the pre-tax income of JDCC, to the extent that such payments are necessary to cause the ratio of Net Earnings Available for Fixed Charges to Fixed Charges of JDCC and consolidated affiliates (determined on a consolidated basis and in accordance with GAAP) to be not less than 1.05 for each JDCC fiscal quarter.
Appears in 3 contracts
Samples: First Amended Agreement (Deere & Co), Agreement (Deere & Co), 7 Agreement (Deere John Capital Corp)
Fixed Charges Ratio. Deere shall make income maintenance payments to JDCC, constituting additions to the pre-tax income of JDCC, to the extent that such payments are necessary to cause the ratio of Net Earnings Available for Fixed Charges to Fixed Charges of JDCC and consolidated affiliates (determined on a consolidated basis and in accordance with GAAP) to be not less than 1.05 to 1 for each any four consecutive fiscal quarter period of JDCC fiscal quarter.and its consolidated Subsidiaries. β
Appears in 2 contracts
Samples: Second Amended Agreement (Deere John Capital Corp), Second Amended Agreement (Deere & Co)
