Examples of Consolidated Fixed Charges Ratio in a sentence
Section 7.11(b) of the Credit Agreement is hereby amended in its entirety to read as follows:(b) Consolidated Fixed Charges Ratio.
Permit at any time its Consolidated Fixed Charges Ratio to exceed 1.50 to 1.00, tested no less frequently than quarterly for each Test Period and determined in each case in accordance with GAAP, consistently applied.
Borrower will not permit the Consolidated Fixed Charges Ratio to be less than 2.50 to 1.00 on of the last day of any of its fiscal quarters, beginning with the fiscal quarter ending February 28, 2005 (and tested on the Effective Date by reference to the Calculation Period ending on February 28, 2005 and after giving pro forma effect to the Transactions and the borrowings made hereunder as if such transactions had occurred on February 28, 2005).
The Borrower will not permit the Cash Flow to Consolidated Fixed Charges Ratio for any Test Period ending on the last day of a calendar quarter ending prior to the last Maturity Date under this Agreement to be less than 1.25:1.00.
The Credit Parties will not permit the Consolidated Fixed Charges Ratio as at the last day of any fiscal quarter to be less than 1.05 to 1.