Examples of Fiscal Quarter in a sentence
The Contractor shall submit reports in accordance with the following schedule: Report Period Covered Due Date MFMP Transaction Fee Report Calendar month 15 calendar days after the end of each month Quarterly Sales Report State’s Fiscal Quarter 30 calendar days after close of the period Diversity Report (submitted to the Customer) State Fiscal Year 30 Business Days after close of the period 14.
Beginning with the Fiscal Quarter ending March 31, 2025, the Borrower will not, as of the last day of any Fiscal Quarter, permit its ratio of EBITDAX for the period of four Fiscal Quarters then ending to Cash Interest Expense for such period plus Fixed Amortization for such period to be less than 1.25:1.00.
As of the last day of each Fiscal Quarter ending after the Effective Date, the Consolidated Fixed Charge Coverage Ratio for the four (4) Fiscal Quarters then ending shall equal or exceed 1.25 to 1.00.
The Borrower will not, as of the last day of any Fiscal Quarter, permit its ratio of Total Net Debt as of such last day to EBITDAX for the period of four Fiscal Quarters then ending to be greater than (i) 3.00:1.00 with respect to the Fiscal Quarter ending March 31, 2025, (ii) 2.75:1.00 with respect to the Fiscal Quarter ending June 30, 2025, and (iii) 2.50:1.00 with respect to any Fiscal Quarter thereafter.
The Company shall not permit the Fixed Charge Coverage Ratio as of the last day of any Fiscal Quarter to be less than 2.5 to 1.0.