Cash Flow Coverage Ratio Sample Clauses

Cash Flow Coverage Ratio. Maintain a Cash Flow Coverage Ratio as of the last day of each of its fiscal quarters of not less than 3.25 to 1.
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Cash Flow Coverage Ratio. The ratio of (a) the Company's Cash Flow to (b) the sum of (i) the Company's consolidated Interest Expense plus (ii) the Company's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.
Cash Flow Coverage Ratio. Not permit Borrowers’ Cash Flow Coverage Ratio, calculated on a year to date basis, to be less than: (i) 1.10 to 1.00 as of June 30, 2007, (ii) 1.15 to 1.00 as of September 30, 2007, or (iii) 1.20 to 1.00 as of December 31, 2007, as of the last day of any calendar quarter thereafter. The Cash Flow Coverage Ratio will not be tested as of March 31, 2007.
Cash Flow Coverage Ratio. The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.
Cash Flow Coverage Ratio. The Borrower shall, as of the last day of each quarter-annual accounting period of the Borrower ending during the periods specified below, maintain the ratio of Consolidated Cash Flow for the four fiscal quarters of the Borrower then ended to Consolidated Fixed Charges for the same four fiscal quarters then ended (the "Cash Flow Coverage Ratio") of not less than: Cash Flow Coverage From and To and Ratio shall not Including Including be less than: 12/31/96 03/30/98 .80 to 1.0 03/31/98 and at all times thereafter 1.00 to 1.0
Cash Flow Coverage Ratio. Not permit the ratio of (i) the Borrower’s EBITDA plus operating lease payments less Maintenance Capital Expenditures equal to (50%) of depreciation minus cash dividends to the Borrower’s shareholders minus cash income taxes paid, to (ii) the sum of the Borrower’s scheduled principal payments on long term debt and capital lease obligations plus interest expense plus operating lease payments (in each case for the same period that the Borrower’s EBITDA is measured), calculated in accordance with generally accepted accounting principles consistently applied in accordance with past practices on a rolling four (4) quarter basis, to be less than 1.10 to 1.0, measured quarterly on a rolling twelve month basis. EXHIBIT E PERMITTED INDEBTEDNESS Balance September 18, 2007 Indebtedness to US Bank NA Bullet Loan 2,538,479 Revolving Loan (up to $5,000,000 may be borrowed) 2,000,000 Golden Corral Credit Facility Construction Phase 4,500,000 Term Loans 28,970,639 33,470,639 (up to $15,000,000 more may be borrowed) $ 38,009,118 Capitalized Leases All obligations of the Borrower incurred in connection with any existing or future lease transactions capitalized or required to be capitalized on the Borrower’s books. Contingent liability as assignor/guarantor of the following leases: Location Assignee Remaining Lease Term Covington, KY (Riverview Hotel) $48,072 per year Remington Hotel Corporation 04/30/2020 (renewal options aggregating 50 years) Lease liability for closed restaurants & other non-operating property (lease not presently assigned) Location Remaining Lease Term Rent Per Month None EXHIBIT 10 (f) 2) EXHIBIT F EXHIBIT F SEVENTEENTH AMENDED AND RESTATED REVOLVING CREDIT PROMISSORY NOTE $5,000,000.00 Cincinnati, Ohio December 3, 2007 XXXXXX’X RESTAURANTS, INC., an Ohio corporation (the “Borrower”), for value received, hereby promises to pay to the order of U.S. BANK NATIONAL ASSOCIATION, a national banking association formerly known as Firstar Bank, N.A. and Star Bank, National Association (the “Bank”), or it successors or assigns, on or before September 1, 2010, the principal sum of FIVE MILLION DOLLARS ($5,000,000), or such portion thereof as may be outstanding from time to time, together with interest thereon as hereinafter provided. This is the Revolving Note referred to in, was executed and delivered pursuant to, and evidences indebtedness of the Borrower incurred under, that certain Second Amended and Restated Loan Agreement [Revolving and Bullet Loans] dated a...
Cash Flow Coverage Ratio. Permit the Cash Flow Coverage Ratio as at the last day of any fiscal quarter of the Borrower to be less than 2.50:1.00.
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Cash Flow Coverage Ratio. The Borrower shall not permit the Cash Flow Coverage Ratio of the Borrower and its Subsidiaries on a Consolidated basis to be less than 1.25:1.00 at any time.
Cash Flow Coverage Ratio. Unless Tenant is in full compliance with the provisions of Section 3.1 of the Security Agreement, Tenant shall not permit the ratio of: (a) Cash Flow to (b) Total Rent reserved for any calendar quarter to be less than 1.75 to one; provided, however, that the failure to maintain either of such ratios shall not constitute an event of default if the Lease Reserve Fund is (i) then maintained in an amount equal to six months Initial Base Rent or (ii) reinstated to an amount equal to six months Initial Base Rent within thirty (30) days after Tenant delivers to Landlord financial statements indicating such failure.
Cash Flow Coverage Ratio. Not permit the ratio of (i) the Borrower’s EBITDA plus operating lease payments minus Ten Million Dollars ($10,000,000) minus cash dividends to the Borrower’s shareholders, to (ii) the sum of the Borrower’s scheduled principal payments on long term debt and capital lease obligations plus interest expense plus operating lease payments (in each case for the same period that the Borrower’s EBITDA is measured), calculated in accordance with generally accepted accounting principles consistently applied in accordance with past practices on a rolling four (4) quarter basis, to be less than 1.25 to 1.0 at any time.
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