Minimum Fixed Charges Coverage Clause Samples
Minimum Fixed Charges Coverage. The Company will not permit, as of the end of each fiscal quarter of the Company, the ratio of Consolidated Income Available for Fixed Charges to Fixed Charges, for the period consisting of such fiscal quarter and the preceding three fiscal quarters, to be less than 2.75 to 1.0.
Minimum Fixed Charges Coverage. The Company will not, at any time, permit the Fixed Charges Coverage Ratio to be less than 1.80 to 1.
Minimum Fixed Charges Coverage. (Section 16.
A. EBITDA (for preceding four fiscal quarters per Item 1(xi)) $_________ Less: (i) Capital Expenditures $_________
Minimum Fixed Charges Coverage. The Borrower's ratio of (a) Cash Flow to (b) interest expense plus operating lease expense as determined in accordance with GAAP, shall not be less than 1.25 to 1.00 as measured as of the end of each fiscal quarter.