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.
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.
Leverage The Fund has no liability for borrowed money or under any reverse repurchase agreement.
Interest Coverage Ratio Permit the Interest Coverage Ratio, as of the last day of any Fiscal Quarter, to be less than 3.25 to 1.00.
Minimum Interest Coverage Ratio The Borrower will not permit the ratio (the “Interest Coverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after December 31, 2014, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Borrower and its Restricted Subsidiaries on a consolidated basis, to be less than 2.50 to 1.00.
Debt Coverage Ratio Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, the Debt Coverage Ratio to be less than 1.75 to 1.00.
Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter for the four fiscal quarters ending on that date, to be less than 1.25 to 1.0.
Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.
Minimum Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 2.5 to 1.0.
Total Leverage Ratio Holdings shall not permit the Total Leverage Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 31, 2007, to exceed the correlative ratio indicated: FISCAL QUARTER TOTAL LEVERAGE RATIO March 31, 2007 5.75:1.00 June 30, 2007 5.75:1.00 September 30, 2007 5.75:1.00 December 31, 2007 5.50:1.00 March 31, 2008 5.25:1.00 June 30, 2008 5.00:1.00 September 30, 2008 4.75:1.00 December 31, 2008 4.75:1.00 March 31, 2009 4.50:1.00 June 30, 2009 4.50:1.00 September 30, 2009 4.25:1.00 December 31, 2009 4.25:1.00 FISCAL QUARTER TOTAL LEVERAGE RATIO March 31, 2010 4.00:1.00 June 30, 2010 4.00:1.00 September 30, 2010 3.75:1.00 December 31, 2010 3.50:1.00 Thereafter 3.50:1.00