Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 5 contracts
Sources: Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc), Term Loan and Security Agreement (Summit Healthcare REIT, Inc)
Minimum Fixed Charge Coverage Ratio. The As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2015, Borrowers shall not permit the will maintain a Fixed Charge Coverage Ratio to be of not less than 1.05 1.20 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 5 contracts
Sources: Loan Agreement, Loan Agreement (I3 Verticals, Inc.), Loan Agreement (I3 Verticals, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio as of the end of any period of four consecutive Fiscal Quarters of the Borrower to be less than 1.05 1.20 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 5 contracts
Sources: Credit Agreement (Carriage Services Inc), Credit Agreement (Carriage Services Inc), Credit Agreement (Carriage Services Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Maintain a Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, of at least 1.25:1.00 measured as of at the last day end of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioconsecutive Fiscal Quarters then ended.
Appears in 5 contracts
Sources: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00Ratio, measured as of the last day of each Fiscal Quarter for any fiscal quarter of the prior four fiscal quarters subject Borrower, to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiobe less than 1.50:1.00.
Appears in 4 contracts
Sources: Credit Agreement (Getty Realty Corp /Md/), Credit Agreement (Getty Realty Corp /Md/), Term Loan Credit Agreement (Getty Realty Corp /Md/)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit As of the last day of any Fiscal Quarter, the Fixed Charge Coverage Ratio to shall not be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.50.
Appears in 4 contracts
Sources: Credit Agreement (Macerich Co), Credit Agreement (Macerich Co), Credit Agreement (Macerich Co)
Minimum Fixed Charge Coverage Ratio. The Borrowers Commencing with the fiscal quarter ending December 31, 2010 and continuing each fiscal quarter thereafter, Borrower shall not permit the maintain a Fixed Charge Coverage Ratio to be less than 1.05 of at least 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of . The Fixed Charge Coverage RatioRatio shall be measured quarterly at the end of each fiscal quarter, on a rolling four-quarter basis.”
Appears in 3 contracts
Sources: Loan Agreement (Renewable Energy Group, Inc.), Loan Agreement (Renewable Energy Group, Inc.), Loan Agreement (Renewable Energy Group, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Minimum Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured 1.50:1.00 as of the last day of each Fiscal Quarter for any fiscal quarter of the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage RatioBorrower.
Appears in 3 contracts
Sources: Term Loan Agreement (CIM Commercial Trust Corp), Credit Agreement (CIM Commercial Trust Corp), Credit Agreement (CIM Commercial Trust Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not ----------------------------------- permit the Fixed Charge Coverage Ratio to be less than 1.05 1.25 to 1.00, measured as 1 at the end of the last day of each Fiscal Quarter for the prior four any fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter.
Appears in 3 contracts
Sources: Credit Agreement (Compucom Systems Inc), Credit Agreement (Compucom Systems Inc), Credit Agreement (Safeguard Scientifics Inc Et Al)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00Ratio, measured as of the last day of each Fiscal Quarter for any fiscal quarter of the prior four fiscal quarters subject Borrower, to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiobe less than 1.75:1.00.
Appears in 3 contracts
Sources: Credit Agreement (Getty Realty Corp /Md/), Credit Agreement (Getty Realty Corp /Md/), Credit Agreement (Getty Realty Corp /Md/)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Maintain (A) at the end of each fiscal quarter of the Parent Guarantor and (B) on the date of each Advance (both before and after giving effect to such Advance), a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.40:1.00.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, L.P.), Revolving Credit Agreement (Digital Realty Trust, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit permit, for Borrower and its Subsidiaries on a consolidated basis, the Fixed Charge Coverage Ratio to be less than 1.05 1.25 to 1.00, measured as of quarterly on the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter commencing June 30, 2023.
Appears in 3 contracts
Sources: Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc), Loan Agreement (Innovative Food Holdings Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit permit, as of the end of each fiscal quarter of Borrower ending on or after September 30, 2011, the Borrower’s Fixed Charge Coverage Ratio to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.0.
Appears in 2 contracts
Sources: Credit Agreement (Astronics Corp), Credit Agreement (Astronics Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 (i) 1.50 to 1.00, measured 1.00 as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter.
Appears in 2 contracts
Sources: Credit Agreement (Fortress Net Lease REIT), Credit Agreement (Fortress Net Lease REIT)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Borrower will cause the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day end of each Fiscal Quarter for fiscal quarter of the prior four fiscal quarters subject Borrower to adjustments be no less than 1.50 to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 2 contracts
Sources: Credit Agreement (Scansource Inc), Credit Agreement (Scansource Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower, on a consolidated basis, shall not permit the maintain a minimum Fixed Charge Coverage Ratio of not greater than 1.25 to be less than 1.05 to 1.001.0, measured quarterly as of the last day of each Fiscal Quarter for the prior End, on a trailing four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio(4) Quarter basis.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement (RTI Biologics, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, determined as of the end of each of its fiscal quarters ending after the Effective Date, to be less than 1.05 3.00 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Credit Agreement (Quality Systems, Inc), Credit Agreement (Quality Systems, Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio Ratio, as at the end of any fiscal quarter, to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.25:1.
Appears in 2 contracts
Sources: Credit Agreement (Columbus McKinnon Corp), Credit Agreement (Columbus McKinnon Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Maintain (A) at the end of each fiscal quarter of the Parent Guarantor and (B) on the date of each Advance (both before and after giving effect to such Advance), a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.75:1.00.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Digital Realty Trust, Inc.), Revolving Credit Agreement (Digital Realty Trust, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers At the end of each Fiscal Quarter occurring during this Agreement commencing with the first Fiscal Quarter of Fiscal Year 1998, the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.10 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.
Appears in 2 contracts
Sources: Term Credit Agreement (Pillowtex Corp), Credit Agreement (Pillowtex Corp)
Minimum Fixed Charge Coverage Ratio. The As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2015, Borrowers shall not permit the will maintain a Fixed Charge Coverage Ratio to be of not less than 1.05 1.201.50 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Loan Agreement (I3 Verticals, Inc.), Loan Agreement (I3 Verticals, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending September 30, 2018 and for each Fiscal Quarter ending thereafter, the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.50 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Credit Agreement (Global Medical REIT Inc.), Credit Agreement (Global Medical REIT Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Have, at the end of any fiscal quarter, a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio2.50:1.00.
Appears in 2 contracts
Sources: Credit Agreement (Corel Corp), Credit Agreement (Corel Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.65 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Credit Agreement (American Finance Trust, Inc), Credit Agreement (American Finance Trust, Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending December 31, 2016, the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.50 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Credit Agreement (Global Medical REIT Inc.), Credit Agreement (Global Medical REIT Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00not, measured as of the last day of each Fiscal Quarter for fiscal quarter of the prior four fiscal quarters subject to adjustments to such measurement period as set forth in Borrower, permit the definition of Fixed Charge Coverage RatioRatio at such time to be less than 3.00 to 1.00.
Appears in 2 contracts
Sources: Multicurrency Credit Agreement (Cleveland Cliffs Inc), Credit Agreement (Cleveland Cliffs Inc)
Minimum Fixed Charge Coverage Ratio. The Upon and after the event of an Availability Shortfall, Borrowers shall not permit the have a Fixed Charge Coverage Ratio to be for each Measurement Period (i) in Fiscal Year 1997, of not less than 1.05 .80 to 1.00, measured as (ii) in Fiscal Year 1998, of the last day not less than .85 to 1.00 and (iii) at all times thereafter, of each Fiscal Quarter for the prior four fiscal quarters subject not less than .90 to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 2 contracts
Sources: Loan and Security Agreement (Trism Inc /De/), Loan and Security Agreement (Trism Inc /De/)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Commencing with the fiscal quarter ending on or about June 30, 2024, the Company will not permit permit, as of the end of any fiscal quarter, the Fixed Charge Coverage Ratio to be less than 1.05 1.10 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Credit Agreement (Astronics Corp), Credit Agreement (Astronics Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending September 30, 2021), the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.65 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 2 contracts
Sources: Credit Agreement (Necessity Retail REIT, Inc.), Credit Agreement (American Finance Trust, Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four any fiscal quarters subject quarter to adjustments be less than 1.50 to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Sources: Credit Agreement (Jamba, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Permit its Fixed Charge Coverage Ratio to be less than 1.05 1.10 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiotrailing twelve (12) month period.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Borrowers' Consolidated Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of at the last day end of each Fiscal Quarter for the prior four fiscal quarters subject shall not be less than 1.10 to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Air Methods Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower other than the fiscal quarter ending March 31, 2014 to be less than 1.05 2.00 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not Not permit the Fixed Charge Coverage Ratio Ratio, as measured on a rolling four quarter basis, to be less than 1.05 1.20 to 1.00, measured 1.0 as of the last day end of each Fiscal Quarter, commencing as of Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioending September 30, 2019.
Appears in 1 contract
Sources: Credit Agreement (Janel Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio Ratio, as at the end of any fiscal quarter to be less than 1.05 to 1.00, measured 1.25:1.0 as of the last day end of each Fiscal Quarter for the prior four any fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 (a) 1.10 to 1.00, measured as 1 at the end of the last day of each any Fiscal Quarter for through and including the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition third Fiscal Quarter of Fixed Charge Coverage Ratio.Fiscal Year 2001, (b)
Appears in 1 contract
Sources: Credit Agreement (Clubcorp Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.10 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarters.
Appears in 1 contract
Sources: Term Loan and Security Agreement (Cornerstone Core Properties REIT, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Fixed Charge Coverage Ratio Ratio, calculated as of the end of each fiscal quarter for the four (4) fiscal quarters then ended (commencing with the fiscal quarter ending September 30, 2019), to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, determined as of the end of any Fiscal Quarter, to be less than 1.05 1.50 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit permit, as of the end of each Fiscal Quarter, the Fixed Charge Coverage Ratio to be less than 1.05 1.20 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Credit Agreement (Transcat Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending September 30, 2014,March 31, 2017, the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.65 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Company covenants that it will not permit the Fixed Charge Coverage Ratio Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Private Shelf Agreement (Advanced Drainage Systems, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit have, on a consolidated basis at the end of each fiscal quarter of Borrowers, a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.10:1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the maintain a Fixed Charge Coverage Ratio to be of not less than 1.05 1.75 to 1.001.0, measured as of the last day end of each Fiscal Quarter for the prior four of Borrower's fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarters.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio for the period of trailing four fiscal quarters then ended to be less than 1.05 1.50 to 1.00, measured as 1.00 at the end of any fiscal quarter ending on or after the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage RatioFirst Amendment Effective Date.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 (a) 1.50 to 1.001.00 at the end of any fiscal quarter ending on (and including) or prior to June 30, measured as 1997 and (b) 1.75 to 1.00 at the end of the last day of each Fiscal Quarter for the prior four any fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter thereafter.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00Ratio, measured determined as of the last day of each Fiscal Quarter for any fiscal quarter of the prior four Borrower (commencing with the fiscal quarters subject quarter ended June 30, 2025) to adjustments be less than 1.50 to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not Not permit the Fixed Charge Coverage Ratio Ratio, as measured on a rolling four quarter basis, to be less than 1.05 1.20 to 1.00, measured 1.0 as of the last day end of each Fiscal Quarter, commencing as of Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period ending as set forth in the definition of Fixed Charge Coverage RatioMarch 31, 2016.
Appears in 1 contract
Sources: Credit Agreement (Janel Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio as of the end of any period of four consecutive fiscal quarters in which the last fiscal quarter ends on or after September 30, 2005 to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the achieve a minimum Fixed Charge Coverage Ratio to be less than 1.05 of 1.10 to 1.00, measured as at the end of each fiscal quarter of the last day of each Fiscal Quarter for Borrower, commencing with the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter ending August 26, 2012.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio Ratio, as at the end of any fiscal quarter, to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.25:1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit As of the end of each fiscal quarter, the Fixed Charge Coverage Ratio to shall not be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.75:1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the maintain a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter (a) 1.10:1.00 for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in quarter ending M▇▇▇▇ ▇▇, ▇▇▇▇, (▇) 1.10:1.00 for the definition of Fixed Charge Coverage Ratiofiscal quarter ending June 30, 2019, and (c) 1.25:1.00 for the fiscal quarter ending September 30, 2019 and each fiscal quarter thereafter.
Appears in 1 contract
Sources: Loan and Security Agreement (Birner Dental Management Services Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, determined as of the end of each of its fiscal quarters ending on and after September 30, 2011, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 1.05 1.50 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Loan Agreement (Nv Energy, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Term Loan and Security Agreement (Summit Healthcare REIT, Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Maintain the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day end of each Fiscal Quarter for the prior four any fiscal quarters subject quarter of Borrower (beginning with fiscal quarter ending June 30, 2010) of at least 1.20 to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, determined as of the end of each of its fiscal quarters ending on and after September 30, 2016, to be less than 1.05 1.75 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Credit Agreement (Natus Medical Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of each Fiscal Quarter end (commencing with September 30, 2020), the Borrower shall not permit the Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, on a consolidated Pro Forma Basis, to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Borrowers’ Consolidated Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of at the last day end of each Fiscal Quarter for the prior four fiscal quarters subject shall not be less than 1.10 to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Air Methods Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Maintain a Fixed Charge Coverage Ratio of not less than 1.25:1.00, such ratio to be less than 1.05 to 1.00, measured as of calculated at each Borrower fiscal quarter end on the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage RatioAdjusted Four Quarterly Basis.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00Ratio, measured determined as of the last day of each Fiscal Quarter any fiscal quarter of Borrower (measured on a rolling four quarter basis for the prior trailing four fiscal quarters subject quarters), to adjustments be less than 1.35 to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, determined as of the end of each of its fiscal quarters for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Borrower and its Subsidiaries on a consolidated basis, to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Commencing with the last day of the fifth fiscal quarter to begin after the Effective Date and for each fiscal quarter thereafter, the Domestic Borrower and its Subsidiaries shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.125 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.0.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio Ratio, at the end of any fiscal quarter, to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.50:1.00.
Appears in 1 contract
Sources: Credit Agreement (Comtech Telecommunications Corp /De/)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than (a) 1.25 to 1 at the end of any Fiscal Quarter through and including the first Fiscal Quarter of Fiscal Year 2005 and (b) 1.05 to 1.00, measured as 1 at the end of the last day of each any Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiothereafter.
Appears in 1 contract
Sources: Credit Agreement (Clubcorp Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as 1.50:1.00 (a) for the period consisting of the last day of each one Fiscal Quarter ending ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇) for the prior period consisting of two consecutive Fiscal Quarters ending June 30, 2014, (c) for the period consisting of three consecutive Fiscal Quarters ending September 30, 2014 and (b) for each period consisting of four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioconsecutive Fiscal Quarters ending thereafter.
Appears in 1 contract
Sources: Credit and Guaranty Agreement (Gramercy Property Trust Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio Ratio, at the end of such fiscal quarter, to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.50:1.00.
Appears in 1 contract
Sources: Credit Agreement (Comtech Telecommunications Corp /De/)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio Ratio, as at the end of any fiscal quarter to be less than 1.05 to 1.00, measured 1.25:10 as of the last day end of each Fiscal Quarter for the prior four any fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Maintain an annual minimum fixed charge coverage ratio (“Fixed Charge Coverage Ratio”) of not less than 1.5:1.00 as of the end of each fiscal year quarter on a rolling four quarters basis, beginning June 30, 2015.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Maintain (A) at the end of each fiscal quarter of the REIT and (B) on the date of each Advance (both before and after giving effect to such Advance), a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.40:1.00.
Appears in 1 contract
Sources: Revolving Credit Agreement (Digital Realty Trust, L.P.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit For the Fiscal Quarter ending as of the date set forth above, the Fixed Charge Coverage Ratio to be less than 1.05 to is _____:1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Borrower will maintain their Fixed Charge Coverage Ratio to be in an amount not less than 1.05 to 1.00, measured 1.10 : 1.00 as at the end of each fiscal monthly period of the last day of Borrowers, based on the three month period ending on each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiodate.
Appears in 1 contract
Sources: Loan and Security Agreement (Vein Associates of America Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending June 30, 2014, the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.65 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as 2.50 at the end of the last day of each Fiscal Quarter for the prior four any fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter.
Appears in 1 contract
Sources: Credit Agreement (NVR Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit will, as of the end of each fiscal quarter, maintain a Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject then ended of not less than the 1.10 to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Sources: Credit and Security Agreement (Synergetics Usa Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00Ratio, measured as of the last day of each Fiscal Quarter for fiscal quarter of the prior four fiscal quarters subject Borrower, to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiobe less than 2.00:1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured calculated as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement calculation period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Subordinated Term Loan and Security Agreement (Summit Healthcare REIT, Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit will, as of the end of each fiscal year, maintain a Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject then ended of not less than the 1.10 to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Sources: Credit and Security Agreement (Synergetics Usa Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries on a consolidated basis at any time to be less than 1.05 1. 1 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter (commencing with the fiscal quarter ending November 27, 2016), to be less than 1.05 1.20 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.0.
Appears in 1 contract
Sources: Credit Agreement (Landec Corp \Ca\)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 (i) 1.35 to 1.00, measured 1.00 as of the last day of each Fiscal Quarter for of the prior first four (4) fiscal quarters subject ending after the Closing Date or (ii) 1.50 to adjustments to such measurement period 1.00 as set forth in of the definition last day of Fixed Charge Coverage Ratioeach fiscal quarter thereafter.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending September 30, 2014, the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 1.65 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured calculated as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement calculation period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Mezzanine Term Loan and Security Agreement (Summit Healthcare REIT, Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Borrower will maintain its Fixed Charge Coverage Ratio, determined on a consolidated basis as at the end of each fiscal quarter on a rolling four quarter basis, at not less than 1.25 to 1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Maintain at all times a Fixed Charge Coverage Ratio to be for Borrower and its consolidated Subsidiaries of not less than 1.05 1.75 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00Ratio, measured determined as of the last day of each Fiscal Quarter any fiscal quarter of Borrower (measured on a rolling four quarter basis for the prior trailing four fiscal quarters subject quarters), to adjustments be less than 1.50 to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.00.
Appears in 1 contract
Sources: Credit Agreement (Quantum Corp /De/)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not Not permit the Fixed ----------------------------------- Charge Coverage Ratio Ratio, at the end of any Fiscal Quarter (for the four Fiscal Quarters then ended) during any Fiscal Year of the Borrower, to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.25:1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio Ratio, for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter (commencing with the fiscal quarter ending June 30, 2016) to be less than 1.05 2.50 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Sources: Credit Agreement (Dexcom Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers and their Subsidiaries on a Consolidated basis shall not permit have, at the end of each Fiscal Quarter, a Fixed Charge Coverage Ratio to be of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.15:1.00.
Appears in 1 contract
Sources: Credit Agreement (Northland Cable Properties Seven Limited Partnership)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit the Permit its Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratiotrailing twelve (12) month period.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not permit Permit the Fixed Charge ----------------------------------- Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.05 (i) 2.00 to 1.001.00 for each such quarter ending on or after March 31, measured as of the last day of 1999 and on or before March 31, 2002 or (ii) 1.50 to 1.00 for each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter ending after March 31, 2002.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit have at the end of each Fiscal Quarter and Fiscal Year, a Fixed Charge Coverage Ratio to be for the previous four (4) Fiscal Quarters then ended of not less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.25:1.
Appears in 1 contract
Sources: Credit Agreement (Green Mountain Coffee Roasters Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 (i) during the Adjustment Period, 1.25 to 1.00 and (ii) thereafter, 1.65 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit permit, as of the end of each fiscal quarter of Borrower ending on or after December 31, 2008, the Borrower’s Fixed Charge Coverage Ratio to be less than 1.05 1.25 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio1.0.
Appears in 1 contract
Sources: Credit Agreement (Astronics Corp)
Minimum Fixed Charge Coverage Ratio. The Borrowers Borrower shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00not, measured as of the last day of each Fiscal Quarter for fiscal quarter of the prior four fiscal quarters subject to adjustments to such measurement period as set forth in Borrower, permit the definition of Fixed Charge Coverage RatioRatio at such time to be less than 3.00 to 1.0.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrowers shall Borrower will not permit the Fixed Charge Coverage Ratio to be less than 1.05 (a) 1.00 to 1.001.00 for the period of four consecutive fiscal quarters ending on April 30, measured as 2017 or (b) 1.10 to 1.00 for any period of four consecutive fiscal quarters ending on the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioquarter thereafter.
Appears in 1 contract
Sources: Loan and Security Agreement (Sigmatron International Inc)
Minimum Fixed Charge Coverage Ratio. The Borrowers shall not Not permit the Fixed Charge Coverage Ratio Ratio, as measured on a rolling four quarter basis, to be less than 1.05 1.20 to 1.00, measured 1.0 as of the last day end of each Fiscal Quarter, commencing as of Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratioending September 30, 2022.
Appears in 1 contract
Sources: Credit Agreement (Janel Corp)