Pro Forma Debt Service Coverage. Cause, at all times, the ratio of (i) Operating Cash Flow minus Capital Expenditures, in each case for the four consecutive Fiscal Quarters then most recently ended, to (ii) Pro Forma Debt Service at such time to be not less than 1.10x.
Pro Forma Debt Service Coverage. Permit the ratio of Operating Cash Flow to Pro Forma Debt Service determined as of the end of any fiscal quarter to be less than 1.25:1.
Pro Forma Debt Service Coverage. Borrower shall never permit the ratio of the Operating Cash Flow of the Companies to the Pro Forma Debt Service of the Companies determined on a quarterly basis at the end of each fiscal quarter of the Companies to be less than or equal to 1.25 to 1.0.
Pro Forma Debt Service Coverage. The Borrowers shall never permit the ratio of the Annualized Operating Cash Flow to the Pro Forma Debt Service as of the last day of any fiscal quarter to be less than 1.10 to 1 on any date of determination; provided, however, that if the Leverage Ratio is below 3.5 to 1 at such date of determination, this test shall not apply.
Pro Forma Debt Service Coverage. Borrowers shall not permit the ratio of (i) Annualized Operating Cash Flow for the most recently concluded Fiscal Quarter to (ii) Pro Forma Debt Service for the next succeeding twelve consecutive month period, at any time to be less than 1.25:1.00.
Pro Forma Debt Service Coverage. Permit the Pro Forma Debt Service Coverage Ratio as of the last day of any fiscal quarter set forth below to be less than the ratio set forth below opposite such fiscal quarter: Fiscal Quarter Ending Pro Forma Debt Service --------------------- ---------------------- Coverage Ratio -------------- September 30, 2001 1.5 to 1 December 31, 2001 1.5 to 1 March 31, 2002 1.75 to 1 June 30, 2002 1.75 to 1 September 30, 2002 1.75 to 1 December 31, 2002 1.75 to 1 March 31, 2003 1.75 to 1 June 30, 2003 1.75 to 1 September 30, 2003 1.75 to 1 December 31, 2003 1.75 to 1 March 31, 2004 1.75 to 1 June 30, 2004 2.0 to 1 September 30, 2004 2.0 to 1 December 31, 2004 2.0 to 1 March 31, 2005 2.0 to 1 June 30, 2005 2.0 to 1 September 30, 2005 2.0 to 1 December 31, 2005 2.0 to 1 March 31, 2006 2.0 to 1 June 30, 2006 2.0 to 1 September 30, 2006 2.0 to 1 December 31, 2006 2.0 to 1
Pro Forma Debt Service Coverage. Permit the Pro Forma Debt Service Coverage Ratio as at the last day of any fiscal quarter set forth below to be less than the ratio set forth below opposite such fiscal quarter:
Pro Forma Debt Service Coverage. Borrower shall never permit the ratio of the Operating Cash Flow of the Companies to the Pro Forma Debt Service to be less than or equal to the ratio shown in the table below which corresponds to the applicable period of determination: =================================================================================== PERIOD PRO FORMA DEBT SERVICE RATIO =================================================================================== On and after the Closing Date to and 1.15 to 1 including December 30, 2001 ----------------------------------------------------------------------------------- On and after December 31, 2001, to and 1.25 to 1 including December 30, 2003 ----------------------------------------------------------------------------------- On and after December 31, 2003 1.50 to 1 ===================================================================================
Pro Forma Debt Service Coverage. Borrower shall never permit the ratio of the Operating Cash Flow for the Companies to the Pro Forma Debt Service as of the last day of any fiscal quarter to be less than or equal
Pro Forma Debt Service Coverage. The Borrower will not permit the Adjusted EBITDA of the Borrower and the Subsidiary Guarantor determined as of the end of any calendar quarter to be less than 1.5 times the Pro Forma Debt Service of the Borrower and the Subsidiary Guarantor for the Test Period.
