Common use of Minimum Fixed Charge Coverage Clause in Contracts

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. At the end of each fiscal quarter of the Borrower, its The Guarantor shall maintain at all times a fixed charge coverage ratio shall be of not less than 1.50 1.5 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 Bank on a rolling four-quarters basis, commencing June 30, 2008.

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 ’s consolidated lease/rent expense minus consolidated unfinanced capital expenditures divided by Borrower's ’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 30December 31, 20082010.

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 ’s consolidated lease/rent expense minus consolidated unfinanced capital expenditures divided by Borrower's ’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 September 30, 20082012.