Inventory Turnover Ratio Sample Clauses

Inventory Turnover Ratio. Maintain as of December 31st of each year ------------------------ throughout the term hereof, an Inventory Turnover Ratio of, at least, 1.25 to 1.00. Should the Inventory Turnover Ratio be, at any point in time, below this level, Borrower shall have six months to cure this breach.
Sample 1Sample 2
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Inventory Turnover Ratio. Not permit the Inventory Turnover Ratio for any Measurement Period to be less than 4.50 to 1.00.
Sample 1
Inventory Turnover Ratio. Permit the ratio of Costs of Goods Sold to the amount of the average inventory (the sum of: (i) amount of Inventory for the most recent quarter's end plus (ii) the amount of the Inventory as of the end of each of the prior three quarters divided by 4) for the trailing four (4) quarters to be less than 1.50 to 1.00 at any time during the term of this Agreement, but tested as of the end of each fiscal quarter, beginning June 30, 1994.
Sample 1
Inventory Turnover Ratio. Permit the ratio, calculated as at the end of any fiscal quarter of the Company and its consolidated Subsidiaries, of (i) the aggregate consolidated cost of goods sold of the Company and its consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) total Inventory (on a FIFO basis) of the Company and its consolidated Subsidiaries at the end of such fiscal quarter, to be less than 1.50:1.00.
Sample 1
Inventory Turnover Ratio. On an annualized basis as of each designated month-end, the Borrower will maintain an Inventory Turnover Ratio (defined as cost of goods sold divided by the average monthly inventory value) equal to or greater than the following: Inventory Turnover Ratio ------------------------ June 30, 1997 4.0 July 31, 1997 4.0 August 31, 1997 4.9 September 30, 1997 4.7 October 31, 1997 5.2 November 30, 1997 3.0 For purposes of calculating the Inventory Turnover Ratio, the average monthly inventory value will be calculated as one half of the sum of book inventory value as of the first day of the applicable month plus the book inventory value as of the last day of the applicable month.
Sample 1
Inventory Turnover Ratio. The Borrower will not permit Inventory Turnover Ratio on the dates forth below to be less than the amount specified opposite such dates: ------------------------------------------------ ------------------------------- FISCAL YEAR ENDING INVENTORY TURNOVER RATIO ------------------------------------------------ ------------------------------- December 31, 1998 through the Maturity Date 2.7 to 1 ------------------------------------------------ -------------------------------
Sample 1
Inventory Turnover Ratio. For each and every Fiscal Quarter, beginning with the Fiscal Quarter ending October 31, 2008, Credit Parties, on a consolidated basis shall have, at the end of each Fiscal Quarter, an Inventory Turnover Ratio for the 12-month period then ended of not less than 1.00 to 1.00.
Sample 1
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Inventory Turnover Ratio. Borrower shall not permit its Inventory Turnover Ratio for the twelve-month period ending on the last day of each fiscal quarter of Borrower during the term of this Credit Agreement, to be less than 3.00 to 1:00.
Sample 1
Inventory Turnover Ratio. Borrower shall maintain an Inventory Turnover Ratio, measured at the end of each Fiscal Quarter on a 12 Fiscal Period rolling basis, of not less than 2.20 to 1.00.
Sample 1

Related to Inventory Turnover Ratio

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio of Borrower on a Consolidated Basis, measured for each period of four consecutive fiscal quarters, on the last day of each fiscal quarter (each a “Measurement Date”), to be greater than the ratio set forth below for the corresponding period at any time: Period Ratio Closing Date through September 30, 2017 5.00:1.00 December 31, 2017 through March 31, 2018 4.75:1.00 June 30, 2018 through September 30, 2018 4.50:1.00 December 31, 2018 through March 31, 2019 4.25:1.00 June 30, 2019 and thereafter 4.00:1.00

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Consolidated Senior Leverage Ratio The Company will not permit the Consolidated Senior Leverage Ratio on the last day of any fiscal quarter of the Company ending in a period set forth below to exceed the ratio set forth below applicable to such period: Period Maximum Ratio January 1, 2015 to and including June 30, 2016 5.0 to 1.0 July 1, 2016 to and including September 30, 2016 4.5 to 1.0 October 1, 2016 to and including December 31, 2016 4.0 to 1.0 January 1, 2017 and thereafter 3.0 to 1.0 ”

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Total Net Leverage Ratio Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio September 30, 2021 4.25:1.00 December 31, 2021 4.25:1.00 March 31, 2022 Not Tested June 30, 2022 3.50:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.00:1.00”

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of Holdings to be greater than 2.50 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Minimum Consolidated Net Worth The Company will not permit its Consolidated Net Worth at any time to be less than the sum of (a) $800,000,000 plus (b) an aggregate amount equal to 50% of its Consolidated Net Earnings (but, in each case, only if a positive number) for each completed fiscal year beginning with the fiscal year ending September 30, 2013.”

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