Fixed Cost Coverage Ratio definition
Fixed Cost Coverage Ratio means the ratio of (a) the twelve month rolling average of the sum of (i) earnings before interest, taxes and non-store depreciation and amortization charges, plus (ii) rental payments, to (b) the twelve month rolling average of the sum of (i) interest payments due and payable plus (ii) rental payments. The "Fixed Cost Coverage Ratio" will be reinstated beginning November 30, 1996.