Common use of Minimum Fixed Charge Coverage Clause in Contracts

Minimum Fixed Charge Coverage. The Company 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 ------ ----- 12/28/97 - 9/26/99 1.20:1.0 12/26/99 - 3/26/00 1.25:1.0 6/30/00 - 4/01/01 1.30:1.0 6/30/01 - 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 6/30/04 and thereafter 1.50:1.0.

Appears in 1 contract

Sources: Credit Agreement (Del Monte Foods Co)

Minimum Fixed Charge Coverage. The Company 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 ------ ----- 12/28/97 - 9/26/99 1.20:1.0 12/26/99 - 3/26/00 1.25:1.0 6/30/00 - 4/01/01 1.30:1.0 6/30/01 - 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 6/30/04 and thereafter 1.50:1.0.March 31, 1996 through September 30, 1997 1.00 to 1 December 31, 1997 through September 30, 1998 1.05 to 1 December 31, 1998 through September 30, 1999 1.10 to 1 Thereafter 1.15 to 1

Appears in 1 contract

Sources: Credit Agreement (Fiberite Holdings Inc)

Minimum Fixed Charge Coverage. The Company 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 ------ ----- 12/28/97 - 9/26/99 1.20:1.0 12/26/99 9/30/98 - 3/26/00 1.25:1.0 1.75:1.0 6/30/00 - 4/01/01 1.30:1.0 1.80:1.0 6/30/01 - 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 6/30/04 3/31/02 1.90:1.0 6/30/02 and thereafter 1.50:1.02.00:1.0.

Appears in 1 contract

Sources: Credit Agreement (Del Monte Foods Co)

Minimum Fixed Charge Coverage. The Company 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 ------ ----- 12/28/97 6/30/97 - 9/26/99 1.20:1.0 12/26/99 - 3/26/00 1.25:1.0 6/30/00 - 4/01/01 1.30:1.0 6/30/01 - 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 6/30/04 and thereafter 1.50:1.0.. thereafter

Appears in 1 contract

Sources: Credit Agreement (Del Monte Foods Co)

Minimum Fixed Charge Coverage. The Company 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 ------ ----- 12/28/97 - 9/26/99 1.20:1.0 12/26/99 - 3/26/00 1.25:1.0 6/30/00 - 4/01/01 1.30:1.0 6/30/01 - through 3/31/03 1.10:1 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 6/30/04 through 3/31/05 1.25:1 6/30/05 and thereafter 1.50:1.01.50:1.

Appears in 1 contract

Sources: Credit Agreement (Del Monte Foods Co)

Minimum Fixed Charge Coverage. The Company 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 ------ ----- 12/28/97 - 9/26/99 1.20:1.0 12/26/99 Restatement Date - 3/26/00 1.25:1.0 ***:1.00 6/30/00 - 4/01/01 1.30:1.0 3/31/01 ***:1.00 6/30/01 - 3/31/02 ***:1.00 6/30/02 - 3/31/03 ***:1.00 6/30/03 1.35:1.0 9/28/03 1.40:1.0 12/26/03 - 3/28/04 1.45:1.0 3/31/04 ***:1.00 6/30/04 and thereafter 1.50:1.0***:1.00.

Appears in 1 contract

Sources: Credit Agreement (Del Monte Foods Co)