Minimum Fixed Coverage Ratio Sample Clauses

Minimum Fixed Coverage Ratio. 56 Section 5.1.11. Minimum Consolidated Tangible Net Worth.......................56 Section 5.1.12. Maximum Ratio of Total Indebtedness for Borrowed Money to EBITDA.....................................................57 Section 5.1.13. Minimum Quick Ratio...........................................57 Section 5.1.14. Officer's Certificates and Requests...........................57 Section 5.1.15. Depository....................................................57 Section 5.1.16. Additional Assurances.........................................57 Section 5.1.17. Environmental Compliance......................................57 Section 5.1.18. Remediation...................................................58 Section 5.1.19.
Sample 1
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Minimum Fixed Coverage Ratio. Maintain a Fixed Charge Coverage Ratio of not less than 3.0:1.0 for the period from the Closing Date until the second anniversary thereof, such ratio to be measured (i) at each Borrower fiscal quarter end on or prior to September 30, 1998 for the period commencing as of the Closing Date and ending on such fiscal quarter end and (ii) at each Borrower fiscal quarter end thereafter for the rolling four Borrower fiscal quarter period consisting of the Borrower fiscal quarter then ending and the three immediately preceding Borrower fiscal quarters and after the second anniversary of the Closing Date, maintain a Fixed Charge Coverage Ratio of not less than 2.0:1.0, such ratio to be measured at each Borrower fiscal quarter end thereafter for the rolling four Borrower fiscal quarter period consisting of the Borrower fiscal quarter then ending and the three immediately preceding Borrower fiscal quarters.
Sample 1
Minimum Fixed Coverage Ratio. 1.75 to 1.0
Sample 1
Minimum Fixed Coverage Ratio. Permit the Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 2.75 to 1.00.
Sample 1
Minimum Fixed Coverage Ratio. Maintain a ratio of (i) Adjusted ---------------------------- Consolidated EBITDAR to (ii) Consolidated Fixed Charges, determined as of the last day of each fiscal quarter for the four fiscal quarters ending on such day, of at least 1.50 to 1."
Sample 1

Related to Minimum Fixed Coverage Ratio

  • 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.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • Asset Coverage Ratio The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Coverage Ratio The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 to 1.00 for any period of four consecutive fiscal quarters.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Debt Service Coverage Ratio As of the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2021, the Borrowers shall not permit the Debt Service Coverage Ratio, determined on a consolidated basis for the Consolidated Parties, to be less than 2.00 to 1.00.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Fixed Charge Coverage Ratio The Borrower will not permit its Fixed Charge Coverage Ratio to be less than 1.10 to 1.00 as of each fiscal quarter end.

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