FULLY LOADED FIXED CHARGE COVERAGE RATIO definition
FULLY LOADED FIXED CHARGE COVERAGE RATIO means the ratio of (A) EBITDA minus Capital Expenditures to (B) the sum of (i) Interest Expense, (ii) scheduled principal payments of Indebtedness under the Senior Credit Agreement and under the Notes, (iii) payments of Capitalized Lease Obligations and (iv) taxes.
FULLY LOADED FIXED CHARGE COVERAGE RATIO means the ratio of (A) EBITDA minus Capital Expenditures to (B) the sum of (i) Interest Expense, (ii) scheduled principal payments of Indebtedness under this Agreement, (iii) payments of Capitalized Lease Obligations, (iv) taxes, (v) amounts paid to Guarantor in respect of the Management Fees, and (vi) amounts paid to Guarantor in respect of the payments due under the Seller Notes. GAAP - generally accepted account principles in the United States of America in effect from time to time. General Intangibles - all personal property of Borrower (including things in action) other than goods, Accounts, chattel paper, documents, instruments and money, whether now owned or hereafter created or acquired by Borrower. Guarantor - Financial Performance Corporation, a New York corporation and any other Person who may hereafter guarantee payment or performance of the whole or any part of the Obligations. Guaranty Agreement - the Secured Guaranty Agreement which is to be executed by Guarantor in form and substance satisfactory to Lender. Indebtedness - as applied to a Person means, without duplication
FULLY LOADED FIXED CHARGE COVERAGE RATIO shall be amended by (A) deleting the word "and" appearing before "