Minimum Fixed Charge Coverage Clause Samples

Minimum Fixed Charge Coverage. Permit the Fixed Charge Coverage Ratio, as of the end of any fiscal quarter of the Consolidated Group (and any other date for which a pro forma Compliance Certificate is required to be delivered pursuant to the terms hereof) to be equal to or less than 1.50 to 1.0.

Minimum Fixed Charge Coverage. The Borrower shall not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Fixed Charges as of the end of any fiscal quarter of Borrower to be less than 1.75:1.

Minimum Fixed Charge Coverage. Permit the Fixed Charge Coverage Ratio for each period of four consecutive Fiscal Quarters ending on and after December 31, 1999, to be less than 1.20 to 1.

Minimum Fixed Charge Coverage. (i) While a Payment Blockage Period is not in effect under, and as defined in, the Senior Subordination Agreement (as defined in the Senior Note and Warrant Purchase Agreement), or any other subordination agreement, as of the end of each of its fiscal quarters, ASO shall maintain a ratio (the “Fixed Charge Coverage Ratio”) of (A) for the applicable reporting period EBITDA minus the sum of all income taxes paid in cash by ISI and its Subsidiaries and all Capital Expenditures which are not financed with Funded Debt, to (B) the sum for such reporting period of (1) cash Interest Expense paid plus (2) required payments of principal of Total Debt (including the Facility C Loans (as defined in the Senior Loan Agreement), but excluding the Facility A Loans and Facility B Loans (each as defined in the Senior Loan Agreement)), of not less than 0.81 to 1.00 for the fiscal quarter ending March 31, 2010 and 0.90 to 1.00 for each fiscal quarter ending June 30, 2010 and thereafter. For each of the fiscal quarters commencing with the fiscal quarter ending December 31, 2009 through the fiscal quarter ending June 30, 2010, the Fixed Charge Coverage Ratio shall be based on cumulative reporting beginning October 1, 2009 for such periods, and for each of the fiscal quarters ending September 30, 2010 and thereafter, the Fixed Charge Coverage Ratio shall be measured on a trailing twelve (12) month basis. (ii) Until January 1, 2010 or otherwise while a Payment Blockage Period is in effect under the Senior Subordination Agreement, or any other subordination agreements, as of the end of each of its fiscal quarters, ASO shall maintain a ratio of (A) for the applicable reporting period EBITDA minus the sum of all income taxes paid in cash by ASO and all Capital Expenditures which are not financed with Funded Debt, to (B) the sum for such reporting period of (1) cash Interest Expense paid plus (2) required payments of principal of Total Debt (including the Facility C Loans, but excluding the Facility A Loans and Facility B Loans), provided, however, that cash Interest Expense and principal paid by Debtor on behalf of ISI on Senior Debt and Subordinated Debt (each as defined in the Senior Loan Agreement) shall be deducted from the sum of cash Interest Expense and principal payments on Total Debt, of not less than 0.81 to 1.00 for the fiscal quarter ending December 31, 2009, of not less than 0.81 to 1.00 for the fiscal quarter ending March 31, 2010 and of not less than 0.90 to 1.00 for ...

Minimum Fixed Charge Coverage. The Parent will not permit the Fixed Charge Coverage Ratio for any Computation Period to be less than the ratio set forth below opposite the period in which such Computation Period ends: Period Ratio ------ ----- 6/30/01 through 3/31/03 ***:1 6/30/03 through 3/31/05 ***:1 6/30/05 and thereafter ***:1.

Minimum Fixed Charge Coverage. At the end of each fiscal quarter of the Borrower, its fixed charge coverage ratio shall be not less than 1.50 to 1.00. The fixed charge coverage ratio shall be calculated as follows: EBITDA plus Borrower's consolidated lease/rent expense minus consolidated unfinanced capital expenditures divided by Borrower's consolidated prior period current maturities of long-term debt plus interest expense plus lease/rent expense plus cash taxes. This covenant will be tested quarterly by Agent on a rolling four-quarters basis, commencing June 30, 2008.

Minimum Fixed Charge Coverage. Pursuant to Section 12.01 of the Credit Agreement, as of the Reporting Date, Borrowers’ Fixed Charge Coverage was to 1.00 which

Minimum Fixed Charge Coverage. Borrowers shall not permit the Fixed Charge Coverage Ratio for each Test Period ending on each Computation Date occurring on or after September 30, 2010 to be less than 1.20 to 1.

Minimum Fixed Charge Coverage. The consolidated Fixed Charge Coverage Ratio of the Borrower and its Consolidated Subsidiaries as of the end of any Fiscal Quarter ending during any period described below to be less than the ratio set forth below opposite such period: Period Ratio ------ ----- the four consecutive Fiscal Quarters ending .89 to 1 December 31, 1998 the two consecutive Fiscal Quarters ending June 30, 1999 .54 to 1; the three consecutive Fiscal Quarters ending September 30, 1999 1.05 to 1; the four consecutive Fiscal Quarters ending December 31, 1999 1.40 to 1; or each four consecutive Fiscal Quarter period ending thereafter 1.40 to 1.