Examples of Consolidated Fixed Charge Ratio in a sentence
For v > vP , a high type’s maximum payoff from investing and applying is b(π(v) + ∆H(v) − φP ) − φA − κ, while a low type’s maximum payoff from applying is b(1 − e)(∆H(v) − φP ) − φA.
Consolidated Fixed Charge RatioAs at the end of each fiscal quarter, Eagle is to maintain a Consolidated Fixed Charge Ratio of not less than 2.25 to 1.00 (prior to the Third Amendment the ratio for September 30, 2017 and subsequent quarters was 2.50 to 1.00).
There is one financial covenant under the ABL, which is a Consolidated Fixed Charge Ratio.
In addition, the Lenders waived the requirement that tax recapture payments made by the Company associated with the repayment of the 2 1/2% Converts in the second quarter of 2008 up to, but not exceeding $23 million, be included in Consolidated Cash Taxes for the purpose of calculating the Consolidated Fixed Charge Ratio under the Credit Agreement.
The Consolidated Fixed Charge Ratio is calculated by dividing consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) by Consolidated Fixed Charges (as defined in the agreement).