Common use of Minimum Fixed Charge Coverage Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit Agreement (Industrial Services of America Inc /Fl), Credit Agreement (Industrial Services of America Inc /Fl)

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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 2014 to be less than 1.20 1.0 to 11.0.

Appears in 1 contract

Samples: Credit Agreement (Industrial Services of America Inc /Fl)

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Minimum Fixed Charge Coverage. Borrowers shall not permit the Fixed Charge Coverage Ratio for (a) the Test Period ending on the Computation Date occurring on September 30, 2012 to be less than 1.0 to 1; (b) the Test Period ending on the Computation Date occurring on December 31, 2012 to be less than 1.50 to 1; and (c) each Test Period ending on each Computation Date occurring on or after September 30March 31, 2010 2013 to be less than 1.20 to 1.

Appears in 1 contract

Samples: Credit Agreement (Industrial Services of America Inc /Fl)

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