Consolidated Fixed Charges Coverage Ratio means, as of any date of determination, the ratio of:
Consolidated Fixed Charges Coverage Ratio means, as of any date of determination, the ratio of (i) Consolidated Adjusted EBITDA for the period of the four fiscal quarters most recently ended to (ii) Consolidated Fixed Charges for the period of the four fiscal quarters most recently ended.
Consolidated Fixed Charges Coverage Ratio means, at any date, for the Fiscal Quarter most recently ended and the immediately preceding 3 Fiscal Quarters, the ratio of: (i) Consolidated Income Available for Debt Service; to (ii) Consolidated Fixed Charges.
Examples of Consolidated Fixed Charges Coverage Ratio in a sentence
Permit the Consolidated Fixed Charges Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 2.0:1.0.
At the end of each Fiscal Quarter, the Consolidated Fixed Charges Coverage Ratio shall not be less than 1.75 to 1.0.
Permit the Consolidated Fixed Charges Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.50:1.0.
Permit the Consolidated Fixed Charges Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.0:1.0.
Permit the Consolidated Fixed Charges Coverage Ratio of the Domestic Borrower and its Subsidiaries as of the end of any fiscal quarter of the Domestic Borrower to be less than 1.50:1.00.
More Definitions of Consolidated Fixed Charges Coverage Ratio
Consolidated Fixed Charges Coverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated EBITDA for such Test Period to (b) Consolidated Fixed Charges for such Test Period; provided, however, that if:
Consolidated Fixed Charges Coverage Ratio for any period shall mean the ratio of the Consolidated Adjusted EBIT for such period to the Consolidated Fixed Charges for such period.
Consolidated Fixed Charges Coverage Ratio for any period shall mean the ratio of the Consolidated Adjusted EBITDAR (less any cash dividend paid on the Borrower's common stock) for such period to the Consolidated Fixed Charges for such period. "Consolidated Indebtedness" at any time shall mean the Indebtedness of the Borrower and its consolidated Subsidiaries at such time determined on a consolidated basis in accordance with GAAP. "Consolidated Leverage Ratio" at any time shall mean the ratio of Consolidated Indebtedness to the Consolidated Capitalization at such time. "Consolidated Net Income" for any period shall mean the net earnings (or loss) after taxes of the Borrower and its consolidated Subsidiaries for such period determined on a consolidated basis in accordance with GAAP. 4 13 "Consolidated Net Worth" at any time shall mean the total amount of stockholders' equity (including, without duplication, the face amount of the Borrower's Trust Preferred issued and outstanding at such time) of the Borrower and its consolidated Subsidiaries at such time determined on a consolidated basis in accordance with GAAP, provided, that in the calculation of Consolidated Net Worth of the Borrower solely for the purposes of Section 6.01(b), accumulated translation adjustments with respect to the Borrower's investments in foreign entities shall be excluded. "Continuing Directors" shall mean members of the board of directors of the Borrower who (a) were directors on January 1, 1999 or (b) have been directors for at least two years, or (c) were nominated or elected with the affirmative vote of the greater of (x) a majority of the Continuing Directors on the board or (y) three Continuing Directors. "Controlled Group" shall mean with respect to any Person, all members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control which, together with such Person, are treated as a single employer under Section 414(b), 414(c), 414(m) or 414(o) of the Code or Section 4001(a)(2)
Consolidated Fixed Charges Coverage Ratio for any period shall mean the ratio of the Consolidated Adjusted EBITDAR (less any cash dividend paid on the Borrower's common stock) for such period to the Consolidated Fixed Charges for such period.
Consolidated Fixed Charges Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the four Fiscal Quarters most recently completed prior to such date less Capital Expenditures in such period to (b) Consolidated Fixed Charges for such period, provided, that for purposes of calculating the Consolidated Fixed Charges Coverage Ratio for (i) the four Fiscal Quarter period ending March 31, 2008, each component of Consolidated Fixed Charges shall be the respective amount for the Fiscal Quarter ending Xxxxx 00, 0000 xxxxxxxxxx xx xxxx (0), (xx) the four Fiscal Quarter period ending June 30, 2008, each component of Consolidated Fixed Charges shall be the respective amount for the two Fiscal Quarter period ending June 30, 2008 multiplied by two (2) and (iii) the four Fiscal Quarter period ending September 30, 2008, each component of Consolidated Fixed Charges shall be the respective amount for the three Fiscal Quarter period ending September 30, 2008 multiplied by four-thirds (4/3).
Consolidated Fixed Charges Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the period of the four (4) Fiscal Quarters ended on such date less Capital Expenditures made in such period to (b) Consolidated Fixed Charges for the period of four (4) Fiscal Quarters ended on such date; provided, however, that such calculation as of the Fiscal Quarter ending June 30, 2008 shall be for the most recent fiscal quarterly period ending on such date on a cumulative, annualized basis; such calculation as of the Fiscal Quarter ending September 30, 2008 shall be for the two (2) most recent fiscal quarterly periods ending on such date on a cumulative, annualized basis; and such calculation as of the Fiscal Quarter ending December 31, 2008 shall be for the three (3) most recent fiscal quarterly periods ending on such date on a cumulative, annualized basis.
Consolidated Fixed Charges Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBITDAR for the period of the four fiscal quarters most recently ended to (b) Consolidated Fixed Charges for the period of the four fiscal quarters most recently ended; provided, however, that (i) for the four fiscal quarter period ending as of the last day of the first fiscal quarter ending after the Effective Date, Consolidated Fixed Charges shall be the product of Consolidated Fixed Charges for the fiscal quarter then ended multiplied by four, (ii) for the four fiscal quarter period ending as of the last day of the second fiscal quarter ending after the Effective Date, Consolidated Fixed Charges shall be the product of Consolidated Fixed Charges for the two fiscal quarters then ended multiplied by two and (iii) for the four fiscal quarter period ending as of the last day of the third fiscal quarter ending after the Effective Date, Consolidated Fixed Charges shall be the product of Consolidated Fixed Charges for the three fiscal quarters then ended multiplied by one and one-third.