Common use of Minimum Consolidated Fixed Charge Coverage Ratio Clause in Contracts

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall not permit the Consolidated Fixed Charge Coverage Ratio as of the last day of the most recently ended Fiscal Quarter to be less than the ratio set forth below opposite the applicable Fiscal Quarter: Period Minimum Consolidated Fixed Charge Coverage Ratio December 31, 2008 1.65:1.00 March 31, 2009 1.65:1.00 June 30, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 March 31, 2010 1.65:1.00 June 30, 2010 1.65:1.00 September 30, 2010 1.65:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter thereafter 1.70:1.00

Appears in 2 contracts

Samples: Credit Agreement (United Online Inc), Security Agreement (United Online Inc)

AutoNDA by SimpleDocs

Minimum Consolidated Fixed Charge Coverage Ratio. Company Issuer shall not permit have, on the last day of each Fiscal Quarter set forth below, a Consolidated Fixed Charge Coverage Ratio as of for the last day of the most recently ended four Fiscal Quarter to be period ending on such day less than the ratio set forth below opposite the applicable Fiscal Quarterfollowing: Period Minimum Consolidated Fixed Charge Coverage Ratio December 31, 2008 1.65:1.00 March 31, 2009 1.65:1.00 June 30, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 FISCAL QUARTER MINIMUM FIXED CHARGE COVERAGE RATIO March 31, 2010 1.65:1.00 1.00:1.00 June 30, 2010 1.65:1.00 1.00:1.00 September 30, 2010 1.65:1.00 1.00:1.00 December 31, 2010 1.65:1.00 1.00:1.00 March 31, 2011 1.65:1.00 1.00:1.00 June 30, 2011 1.65:1.00 1.10:1.00 September 30, 2011 1.65:1.00 1.10:1.00 December 31, 2011 1.65:1.00 1.10:1.00 March 31, 2012 1.65:1.00 1.10:1.00 June 30, 2012 1.65:1.00 1.10:1.00 September 30, 2012 1.65:1.00 1.10:1.00 December 31, 2012 1.65:1.00 1.10:1.00 March 31, 2013 1.65:1.00 1.10:1.00 June 30, 2013 1.65:1.00 1.10:1.00 September 30, 2013 1.65:1.00 1.10:1.00 December 31, 2013 1.10:1.00 March 31, 2014 1.15:1.00 June 30, 2014 1.15:1.00 September 30, 2014 and any each Fiscal Quarter thereafter 1.70:1.001.20:1.00

Appears in 1 contract

Samples: Bridge Note Purchase Agreement (Princeton Review Inc)

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall not permit From and after the Effective Date, the Consolidated Fixed Charge Coverage Ratio Companies (as defined in the Guarantor Credit Agreement as defined on Exhibit B attached hereto)) shall maintain, as of the last day of the most recently ended Fiscal Quarter to be each fiscal quarter of Guarantor their Consolidated Fixed Charge Coverage Ratio of not less than the ratio set forth below opposite the applicable for such fiscal quarter: Fiscal QuarterQuarter Ending on or about: Period Minimum Consolidated Fixed Charge Coverage Ratio December 3, 2013 1.50:1.00 March 4, 2014 1.40:1.00 June 3, 2014 1.30:1.00 September 2, 2014 1.30:1.00 December 2, 2014 1.35:1.00 March 3, 2015 1.35:1.00 June 2, 2015 1.40:1.00 September 1, 2015 1.45:1.00 December 1, 2015 1.50:1.00 March 1, 2016 1.55:1.00 May 31, 2008 2016 1.60:1.00 August 30, 2016 1.60:1.00 November 29, 2016 1.65:1.00 March 31February 28, 2009 2017 1.65:1.00 June 306, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 March 31, 2010 1.65:1.00 June 30, 2010 1.65:1.00 September 30, 2010 1.65:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter thereafter 2017 1.70:1.00

Appears in 1 contract

Samples: Loan Modification Agreement (Ruby Tuesday Inc)

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall not permit Permit the Consolidated Fixed Charge Coverage Ratio as of the last day end of any fiscal quarter of the most recently ended Fiscal Quarter Borrower to be less than the ratio set forth below opposite the applicable Fiscal Quartersuch fiscal quarter below: Period Minimum Consolidated Fixed Charge Coverage Ratio QUARTER ENDING RATIO -------------- ----- September 30, 2004 N/A December 3l, 2004 1.10:1.0 March 31, 2005 1.10:1.0 June 30, 2005 1.10:1.0 September 30, 2005 1.25:1.0 December 3l, 2005 1.25:1.0 March 31, 2006 1.25:1.0 June 30, 2006 1.25:1.0 September 30, 2006 1.25:1.0 December 31, 2006 1.50:1.0 March 31, 2007 1.50:1.0 June 30, 2007 1.50:1.0 September 30, 2007 1.50:1.0 December 31, 2007 1.50:1.0 March 3l, 2008 1.50:1.0 June 30, 2008 1.50:1.0 September 30, 2008 1.50:1.0 December 31, 2008 1.65:1.00 March 31, 2009 1.65:1.00 June 30, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 March 31, 2010 1.65:1.00 June 30, 2010 1.65:1.00 September 30, 2010 1.65:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter thereafter 1.70:1.001.00:1.0

Appears in 1 contract

Samples: Credit Agreement (Advanced Medical Optics Inc)

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall The Partnership will not permit the Consolidated Fixed Charge Coverage Ratio as of the last day of the most recently ended period of four (4) consecutive fiscal quarters ending with the fiscal quarter set forth below under the caption “Fiscal Quarter Quarter” to be less than the ratio set forth below opposite under the applicable Fiscal Quarter: Period (c) caption “Minimum Consolidated Fixed Charge Coverage Ratio Ratio” and corresponding to such fiscal quarter: Fiscal Quarter Minimum Consolidated Fixed Charge Coverage RatioEBITDA March 31, 2018 1.00:1.00$ 18,000,000 June 30, 2018 1.00:1.00$ 13,000,000 September 30, 2018 1.00:1.00$ 2,500,000 December 31, 2008 1.65:1.00 2018 1.00:1.00($ 3,000,000) March 31, 2009 1.65:1.00 2019 1.10:1.00$ 1,000,000 June 30, 2009 1.65:1.00 2019 1.10:1.00$ 3,500,000 September 30, 2009 1.65:1.00 2019 1.10:1.00$ 8,000,000 December 31, 2009 1.65:1.00 2019 1.10:1.00$ 8,250,000 March 31, 2010 1.65:1.00 2020 1.20:1.00$ 9,250,000 June 30, 2010 1.65:1.00 2020 1.20:1.00 September 30, 2010 1.65:1.00 2020 1.20:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter thereafter 1.70:1.002020 1.20:1.00

Appears in 1 contract

Samples: Credit Agreement (Stonemor Partners Lp)

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall not permit the The Consolidated Fixed Charge Coverage Ratio Companies will maintain, as of the last day of the most recently ended each Fiscal Quarter to be Quarter, a Consolidated Fixed Charge Coverage Ratio of not less than the ratio set forth below opposite the applicable for such Fiscal Quarter: Period Fiscal Quarter Ending on or about: Minimum Consolidated Fixed Charge Coverage Ratio December 3, 2013 1.50:1.00 March 4, 2014 1.40:1.00 June 3, 2014 1.30:1.00 September 2, 2014 1.30:1.00 December 2, 2014 1.35:1.00 March 3, 2015 1.35:1.00 June 2, 2015 1.40:1.00 September 1, 2015 1.45:1.00 December 1, 2015 1.50:1.00 March 1, 2016 1.55:1.00 May 31, 2008 2016 1.60:1.00 August 30, 2016 1.60:1.00 November 29, 2016 1.65:1.00 March 31February 28, 2009 2017 1.65:1.00 June 306, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 March 31, 2010 1.65:1.00 June 30, 2010 1.65:1.00 September 30, 2010 1.65:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter thereafter 2017 1.70:1.00

Appears in 1 contract

Samples: Revolving Credit Agreement (Ruby Tuesday Inc)

AutoNDA by SimpleDocs

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall not permit Permit the Consolidated Fixed Charge Coverage Ratio Ratio, as of at the last day of the most recently ended Fiscal Quarter any period of four consecutive trailing fiscal quarters of Holdings to be less than the ratio set forth below opposite the applicable such period: Fiscal Quarter: Quarter Period Ending Minimum Consolidated Fixed Charge Coverage Ratio MarchDecember 31, 2022 1.251.10:1.00 June 30March 31, 20222023 1.10:1.00 SeptemberJune 30, 20222023 1.10:1.00 December 31, 2008 1.65:1.00 2022September 30, 2023 1.10:1.00 December 31, 2023 1.10:1.00 March 31, 2009 1.65:1.00 June 30, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 2024 1.10:1.00 March 31, 2010 1.65:1.00 June 2023June 30, 2010 1.65:1.00 September 302024, 2010 1.65:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter each fiscal quarter ending thereafter 1.70:1.001.25:1.00

Appears in 1 contract

Samples: Credit Agreement (Ribbon Communications Inc.)

Minimum Consolidated Fixed Charge Coverage Ratio. Company shall not permit Permit the Consolidated Fixed Charge Coverage Ratio as of the last day end of any fiscal quarter of the most recently ended Fiscal Quarter Borrower to be less than the ratio set forth below opposite the applicable Fiscal Quartersuch fiscal quarter below: Period Minimum Consolidated Fixed Charge Coverage -------------------------------------- ------------------ Quarter Ending Ratio -------------------------------------- ------------------ December 31, 2004 1.10:1.0 March 31, 2005 1.10:1.0 June 30, 2005 1.10:1.0 September 30, 2005 1.10:1.0 December 3l, 2005 1.25:1.0 March 31, 2006 1.25:1.0 June 30, 2006 1.25:1.0 September 30, 2006 1.25:1.0 December 31, 2006 1.50:1.0 March 31, 2007 1.50:1.0 June 30, 2007 1.50:1.0 September 30, 2007 1.50:1.0 December 31, 2007 1.50:1.0 March 3l, 2008 1.50:1.0 June 30, 2008 1.50:1.0 September 30, 2008 1.50:1.0 December 31, 2008 1.65:1.00 March 31, 2009 1.65:1.00 June 30, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 March 31, 2010 1.65:1.00 June 30, 2010 1.65:1.00 September 30, 2010 1.65:1.00 December 31, 2010 1.65:1.00 March 31, 2011 1.65:1.00 June 30, 2011 1.65:1.00 September 30, 2011 1.65:1.00 December 31, 2011 1.65:1.00 March 31, 2012 1.65:1.00 June 30, 2012 1.65:1.00 September 30, 2012 1.65:1.00 December 31, 2012 1.65:1.00 March 31, 2013 1.65:1.00 June 30, 2013 1.65:1.00 September 30, 2013 1.65:1.00 December 31, 2013 and any Fiscal Quarter thereafter 1.70:1.001.00:1.0 -------------------------------------- -------------

Appears in 1 contract

Samples: Credit Agreement (Advanced Medical Optics Inc)

Minimum Consolidated Fixed Charge Coverage Ratio. Company Issuer shall not permit have, on the last day of each Fiscal Quarter set forth below, a Consolidated Fixed Charge Coverage Ratio as of for the last day of the most recently ended four Fiscal Quarter to be period ending on such day less than the ratio set forth below opposite the applicable Fiscal Quarterfollowing: Period Minimum Consolidated Fixed Charge Coverage Ratio December 31, 2008 1.65:1.00 March 31, 2009 1.65:1.00 June 30, 2009 1.65:1.00 September 30, 2009 1.65:1.00 December 31, 2009 1.65:1.00 FISCAL QUARTER ENDING MINIMUM FIXED CHARGE COVERAGE RATIO March 31, 2010 1.65:1.00 0.92:1.00 June 30, 2010 1.65:1.00 0.92:1.00 September 30, 2010 1.65:1.00 0.92:1.00 December 31, 2010 1.65:1.00 0.92:1.00 March 31, 2011 1.65:1.00 0.92:1.00 June 30, 2011 1.65:1.00 1.00:1.00 September 30, 2011 1.65:1.00 1.00:1.00 December 31, 2011 1.65:1.00 1.00:1.00 March 31, 2012 1.65:1.00 1.00:1.00 June 30, 2012 1.65:1.00 1.00:1.00 September 30, 2012 1.65:1.00 1.00:1.00 December 31, 2012 1.65:1.00 1.00:1.00 March 31, 2013 1.65:1.00 1.00:1.00 June 30, 2013 1.65:1.00 1.00:1.00 September 30, 2013 1.65:1.00 1.00:1.00 December 31, 2013 1.00:1.00 March 31, 2014 1.05:1.00 June 30, 2014 1.05:1.00 September 30, 2014 and any each Fiscal Quarter thereafter 1.70:1.001.10:1.00

Appears in 1 contract

Samples: Senior Subordinated Note Purchase Agreement (Princeton Review Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.