The Fixed Charge definition

The Fixed Charge. Coverage Ratio was computed as follows:
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Examples of The Fixed Charge in a sentence

  • The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.

  • The Fixed Charge Coverage Ratio shall be measured on the last day of each Fiscal Quarter throughout the term of the Loan.

  • The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter of the Combined Parties, shall be greater than or equal to 1.5 to 1.0.

  • The Fixed Charge Coverage Ratio, as of the last day of each fiscal quarter of the Parent shall be greater than or equal to 1.25 to 1.0.

  • The Fixed Charge Coverage Ratio shall not at any time be less than 1.50 to 1.00.

  • The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter of the Combined Parties for the twelve month period ending on such date, shall be greater than or equal to 1.5 to 1.0.

  • The Fixed Charge Coverage Ratio is calculated as the EBITDA for the period minus Distributions, minus Non-Financed Capital Expenditures, divided by the sum of current maturities plus interest expense.

  • The Fixed Charge Coverage Ratio shall be calculated and tested quarterly as of the last day of each Fiscal Quarter for the Calculation Period ending on the last day of such Fiscal Quarter.

  • The Fixed Charge Coverage Ratio, as of the last day of each fiscal quarter during the term hereof, to be less than 1.75 to 1.0.

  • The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter of the Credit Parties for the twelve month period ending on such date, shall be greater than or equal to 1.75 to 1.0.