Fixed Charge definition

Fixed Charge. , in relation to a tenancy, means—

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Fixed Charge means any fixed customer charge, basic service fee, demand differentiated basic service fee, demand charge, or other charge not based upon the volume of electricity consumed.

Fixed Charge means any rentcharge as defined by the [Finance (1909-10) Act, 1910], and any burden or charge (other than rates or taxes) arising by operation of law or imposed by any Act [ ], or imposed in pursuance of the exercise of any powers or the performance of any duties under any such Act, otherwise than by a person interested in the land or in consideration of any advance to any person interested in the land. “rentcharge” means tithe or tithe rentcharge, or other periodical payment or rendering in lieu of or in the nature of tithe, or any fee farm rent, rent seck, quit rent, chief rent, rent of assize, or any other perpetual rent or annuity granted out of land.

Examples of Fixed Charge in a sentence

• Concurrently with the delivery of financial statements pursuant to Section 5.1(a) or (b), a duly completed Compliance Certificate signed by a Responsible Officer of Parent Borrower, along with the underlying calculations, including the calculations to arrive at Consolidated EBITDA, the Fixed Charge Coverage Ratio (regardless of whether the financial covenant contained in Section 7 is required to be tested), the Interest Coverage Ratio and the Secured Leverage Ratio.

• Each Borrower covenants and agrees that, until the termination of all of the Commitments and the payment in full of the Obligations, Borrowers will maintain a Fixed Charge Coverage Ratio, calculated on the first day of any Covenant Testing Period for the most recently Test Period and on the last day of each Fiscal Quarter occurring until the end of any Covenant Testing Period (including the last day thereof), in each case of at least 1.00 to 1.00.

• Borrower will not permit the Consolidated Fixed Charge Coverage Ratio to be less than (i) as of the Fourth Amendment Effective Date and the end of each fiscal quarter thereafter through and including January 31, 2029, 1.25:1.00, and (ii) as of the end of each fiscal quarter thereafter, 1.50:1.00.

More Definitions of Fixed Charge

Fixed Charge shall have the meaning as set forth in Clause 11.1.2;

Fixed Charge means the Borrow Cost.

Fixed Charge means a Method Related Charge which is not a Time Related Charge.

Fixed Charge means the annual fixed charge which Customers in respect of unmetered Non-Domestic Connections are liable to pay.

Fixed Charge means the amount of a fixed charge prescribed under section 41; “fixed charge notice” means a notice served under section 35;

Fixed Charge means the amount of a fixed charge prescribed under

Fixed Charge means cash interest plus scheduled principal payments plus income taxes paid in cash plus dividends and distributions.