Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 3 contracts
Sources: Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.)
Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending March 31, 2018, maintain as of the end of each fiscal quarter, commencing with quarter of the fiscal quarter ending December 31, 2018, Company a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0. 11.
Appears in 3 contracts
Sources: Note Purchase Agreement, Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Beginning with the fiscal quarter ending December 31ended September 30, 20182008, a the Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 Ratio, for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the four consecutive fiscal quarter period ending December 29, 2019 and as of the end of each fiscal quarter end, shall be greater than or equal to (i) 1.15 to 1.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 3 contracts
Sources: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)
Fixed Charge Coverage Ratio. Maintain Commencing as of the end of each fiscal quarter, commencing with the fiscal quarter ending Fiscal Quarter ended December 31, 20182008 and continuing as of each Fiscal Quarter end through Bank Facility Termination, the Borrower shall maintain a minimum Fixed Charge Coverage Ratio of not no less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case be calculated on a trailing twelve cumulative basis with respect to each Fiscal Quarter and the most recently ended three (123) month preceding Fiscal Quarters on a rolling four (4) Fiscal Quarter basis.
Appears in 2 contracts
Sources: Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc)
Fixed Charge Coverage Ratio. Maintain as of Permit the Fixed Charge Coverage Ratio to be less than 1.10 to 1.0. The Loan Parties’ compliance with this Section 8.16 shall be calculated at the end of each fiscal quarter, commencing with the fiscal quarter ending December 31September 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2009.
Appears in 2 contracts
Sources: Credit Agreement (North American Galvanizing & Coatings Inc), Credit Agreement (North American Galvanizing & Coatings Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (ia) 1.10 1.00 to 1.00 for the fiscal quarters four (4) month period ending December 31, 2018 and ▇▇▇▇▇ ▇▇2000, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters seven (7) month period ending July 14March 31, 2019 2001 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisperiod ending June 30, 2001 and (b) thereafter, 1.10 to 1.00 for each rolling period of four (4) consecutive fiscal quarters.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (PVC Container Corp), Revolving Credit, Term Loan and Security Agreement (PVC Container Corp)
Fixed Charge Coverage Ratio. Maintain as The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters of Holdings ending during any period set forth below shall not be less than the end ratio set forth below opposite such period: Periods Ending Ratio Effective Date through and including the last day of each fiscal quarter, commencing with the fiscal quarter ending December 31on or about October 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 2010 2.25 to 1.00 for Thereafter through and including the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for last day of the fiscal quarter ending December on or about October 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.2011 2.50 to 1.00 Thereafter 3.00 to 1.00
Appears in 2 contracts
Sources: Credit Agreement (J C Penney Co Inc), Credit Agreement (J C Penney Co Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a The Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 Borrower and the Included Subsidiaries on a consolidated basis for the fiscal quarters twelve Fiscal Month period ending at the end of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 2021 shall not be less than 1.25 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.
Appears in 2 contracts
Sources: Loan and Security Agreement (XCel Brands, Inc.), Loan and Security Agreement (XCel Brands, Inc.)
Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (ia) 1.10 1.50 to 1.00 for at the end of any fiscal quarters ending December 31, 2018 quarter-end occurring during the period from and ▇▇▇▇▇ ▇▇, ▇▇▇▇including the Effective Date through and including the fourth fiscal quarter of fiscal year 2009, (▇▇b) 1.15 1.75 to 1.00 for at the end of any fiscal quarters ending July 14, 2019 quarter-end occurring during the period from and October 6, 2019including the first day of the first fiscal quarter of fiscal year 2010 through and including the second fiscal quarter of fiscal year 2010, and (iiic) 1.20 2.25 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each any fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 2 contracts
Sources: Note Purchase Agreement (Spartech Corp), Note Purchase Agreement (Spartech Corp)
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end last day of each fiscal quarter of the Consolidated Parties, shall be (i) for fiscal quarters ending on or before September 30, 2005, greater than or equal to 1.40 to 1.0; and (ii) for fiscal quarters ending thereafter, in each case on a trailing twelve (12) month basisgreater than or equal to 1.50 to 1.0.
Appears in 2 contracts
Sources: Term Loan Credit Agreement (U S Restaurant Properties Inc), Credit Agreement (U S Restaurant Properties Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending on December 31, 20182005 and for each fiscal quarter thereafter, maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at least level 1.50:1.00. This ratio will be calculated at the end of each reporting period for which this Agreement requires Borrower to deliver financial statements, using the results of the four-fiscal quarter thereafter, in each case on a trailing twelve (12) month basisperiod ending with that reporting period. The current portion of long-term liabilities will be measured as of the last day of the calculation period.
Appears in 2 contracts
Sources: Credit Agreement (Quidel Corp /De/), Credit Agreement (Quidel Corp /De/)
Fixed Charge Coverage Ratio. Maintain as of At the end of each fiscal quarter, quarter commencing with the fiscal quarter ending December March 31, 20182014, a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.50 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.0; and
Appears in 2 contracts
Sources: Loan and Security Agreement (Jive Software, Inc.), Loan Modification Agreement (Jive Software, Inc.)
Fixed Charge Coverage Ratio. Maintain as As of the end of each any fiscal quarter, commencing with permit the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the period of four (4) consecutive fiscal quarters ending December 31on such date, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 be less than or equal to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2.50 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a The Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31Ratio, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter of the Borrower for the twelve month period ending on such date, shall be greater than or equal to:
(i) On the last day of each fiscal quarter of the Borrower from the Closing Date to and including September 30, 1997, 2.0 to 1.0; and
(ii) On December 31, 1997 and on the last day of each fiscal quarter of the Borrower thereafter, in each case on a trailing twelve (12) month basis2.25 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Covance Inc), Credit Agreement (Covance Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than the ratio set forth below for each four (i4) 1.10 to 1.00 for the consecutive fiscal quarters ending quarter period then ended set forth below: Fiscal Quarter Ending Minimum Fixed Charge Coverage Ratio December 31, 2018 2016 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the each fiscal quarters quarter ending July 14, 2019 thereafter through and October 6, 2019, and (iii) 1.20 to 1.00 for including the fiscal quarter ending September 30, 2017 1.50 to 1.00 December 2931, 2019 2017 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.ending thereafter 1.25 to 1.00
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/), Term Loan Credit and Security Agreement (Quantum Corp /De/)
Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending September 30, 2018, maintain as of the end of each fiscal quarter, commencing with quarter of the fiscal quarter ending December 31, 2018, Company a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.25 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0. 11.
Appears in 2 contracts
Sources: Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)
Fixed Charge Coverage Ratio. Maintain as Permit, for the four consecutive fiscal quarters ending June 30, 1997 and for each period of four consecutive fiscal quarters ending thereafter, the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Consolidated Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31Borrower and its Subsidiaries, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of calculated at the end of each fiscal quarter thereafterof the Borrower, in each case on a trailing twelve (12) month basisto be less than 1.25 to 1.00.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Phycor Inc/Tn), Credit Agreement (Phycor Inc/Tn)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, quarter (commencing with the fiscal quarter ending December 31September 30, 20182025), a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than (i) 1.10 to 1.00: 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, four (▇▇4) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the consecutive fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisperiod then ended.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/)
Fixed Charge Coverage Ratio. Maintain a Fixed Charge Coverage Ratio as of the end of each fiscal quarterFiscal Quarter for the Test Period then ended, commencing beginning with the fiscal quarter Fiscal Quarter ending December March 31, 2018, a Fixed Charge Coverage Ratio 2015 of not less than (i) 1.10 1.25 to 1.00 for 1 prior to the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, payment of any dividend and (iiiii) 1.20 1.0 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1 after giving effect to any dividends.
Appears in 2 contracts
Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc)
Fixed Charge Coverage Ratio. Maintain as of Permit on a consolidated basis the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending on or about September 30, 2021, 1.75 to 1.00, and (ii) for the fiscal quarter ending on or about December 2931, 2019 2021 and as of the end of for each fiscal quarter thereafter, in 2.00 to 1.00. This ratio will be calculated at the end of each case on a trailing twelve (12) reporting period, using the results of the twelve-month basisperiod ending with that reporting period.
Appears in 2 contracts
Sources: Credit Agreement (BJs RESTAURANTS INC), Credit Agreement (BJs RESTAURANTS INC)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio (for the Loan Parties on a consolidated basis) of not less than 1.20 to 1.00 (i) 1.10 to 1.00 for the fiscal quarters months ending on September 30, 2023, October 31, 2023, and November 30, 2023, as calculated on a fiscal year-to-date basis, and (ii) for the fiscal month ending on December 31, 2018 2023 and ▇▇▇▇▇ ▇▇each fiscal month thereafter, ▇▇▇▇, (▇▇) 1.15 to 1.00 as calculated for the twelve consecutive fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basismonths then ended.
Appears in 2 contracts
Sources: Credit and Security Agreement (1847 Holdings LLC), Credit and Security Agreement (1847 Holdings LLC)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a consolidated Fixed Charge Coverage Ratio of not less than (i) 1.10 1.2 to 1.00 for 1.00. For purposes of this Agreement, the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and Fixed Charge Coverage Ratio shall be calculated quarterly as of the end of each fiscal quarter thereafterof Borrower for the four fiscal quarter period most recently ended, in each case on a trailing twelve (12) month basiscommencing with the fiscal quarter of ending as of March 31, 2023.
Appears in 2 contracts
Sources: Credit Agreement (Ashford Inc.), Credit Agreement (Ashford Inc.)
Fixed Charge Coverage Ratio. Maintain Except as of the end of each fiscal quarterotherwise set forth in this Section 6.15(b), commencing with the fiscal quarter ending on or about December 3128, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 2002 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisthe Fixed Charge Coverage Ratio shall not be less than 1.75:1.
Appears in 2 contracts
Sources: Term Loan Modification Agreement (Merrimac Industries Inc), Term Loan Modification Agreement (Merrimac Industries Inc)
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less shall be greater than or equal to:
(i) From the Effective Date to and including August 31, 1998, 1.10 to 1.00 for the fiscal quarters ending December 311.0; and
(ii) From September 1, 2018 1998 and ▇▇▇▇▇ ▇▇thereafter, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.
Appears in 2 contracts
Sources: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less shall be greater than or equal to: (i) From the Effective Date to and including August 31, 1998, 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, 1.0; and (iiiii) From September 1, 1998 and thereafter, 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.
Appears in 2 contracts
Sources: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Maintain Maintain, on a Consolidated basis, (i) as of the end of each fiscal quarter, commencing with the its fiscal quarter ending December 31October 1, 20182005, for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.00 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 20191.00, and (iiiii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case for the twelve-month period ending on such date, a trailing twelve (12) month basisFixed Charge Coverage Ratio of not less than 1.10 to 1.00."
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending July 31, 2010, cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 1.0, measured on a rolling four (4) quarter basis, provided however that for the first 3 fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for following the Closing Date the Fixed Charge Coverage Ratio shall be measured from the first day of the fiscal quarters ending July 14year commencing May 1, 2019 and October 6, 2019, and (iii) 1.20 2010 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basissuch quarter.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Amrep Corp.)
Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio for any period of not less than four consecutive Fiscal Quarters ending after the Effective Date and (i) 1.10 (A) prior to 1.00 for the fiscal quarters ending December 31last day of the third Fiscal Quarter of Fiscal Year 1999 or (B) after the last day of Fiscal Year 1999, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, to be less than 1.1 to 1.0 or (▇▇ii) 1.15 on the last day of the third Fiscal Quarter of Fiscal Year 1999 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and be less than .6 to 1 (iii) 1.20 or on the last day of Fiscal Year 1999, to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisbe less than .5 to 1.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (ia) 1.10 1.75 to 1.00 for during the fiscal quarters ending December 31quarter ended May 1, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇2010, (▇▇b) 1.15 2.25 to 1.00 for at the end of any fiscal quarters ending July 14, 2019 quarter through and October 6, 2019including the third fiscal quarter of 2012, and (iiic) 1.20 1.40 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each the fourth fiscal quarter of 2012 and thereafter, in each case on a trailing twelve ."
(12c) month basis.Section 8.2.13 of the Credit Agreement is hereby amended and restated as follows:
Appears in 1 contract
Sources: Credit Agreement (Spartech Corp)
Fixed Charge Coverage Ratio. Maintain As of December 31, 2001, and as of the end last day of each fiscal quarterFiscal Quarter thereafter, commencing with for the fiscal quarter ending December 31period equal to the four (4) consecutive Fiscal Quarters then ending, 2018, the Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio of not less greater than (i) 1.10 or equal to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 1.25 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain a Fixed Charge Coverage Ratio, to be measured as of the end of each fiscal quarterquarter for the periods described below, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than than:
(i) 1.10 1.25 to 1.00 1.0 for the three consecutive fiscal quarters quarter period ending December March 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, 2000; and
(▇▇ii) 1.15 1.25 to 1.00 1.0 for the four consecutive fiscal quarters quarter period ending July 14on June 30, 2019 and October 6, 20192000, and (iii) 1.20 to 1.00 for the four consecutive fiscal quarter period ending December 29, 2019 and as of the end of on each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Have at the end of each of the fiscal quarters ending April 4, 1998, July 4, 1998 and October 3, 1998 a year-to-date Fixed Charge Ratio as of the end of each fiscal quarter, commencing with the applicable fiscal quarter ending December 31, 2018equal to or greater than 1.25 to 1. Have at the end of each other fiscal quarter within the Original Term, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 twelve consecutive months then ended equal to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 or greater than 1.25 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the --------------------------- end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less shall be greater than or equal to:
(i) From the Effective Date to and including November 29, 1999, 1.10 to 1.00 for the fiscal quarters ending December 311.0; and
(ii) From November 30, 2018 1999 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.25 to 1.0.
Appears in 1 contract
Sources: Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Maintain as of at all times a Fixed Charge Coverage Ratio, on a consolidated basis, equal to or greater than 1.10 to 1.00, reported at the end of each fiscal quarter, Fiscal Quarter commencing with the fiscal quarter Fiscal Quarter ending December 31June 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2008.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain The Borrower and its Subsidiaries shall maintain on a consolidated basis, as of the end of each fiscal quarterFiscal Quarter, commencing with the fiscal quarter Fiscal Quarter ending December 31September 30, 20182005, a Fixed Charge Coverage Ratio of not less than (i) 1.10 than: Each Fiscal Quarter ending on or 1.50:1.0 prior to 1.00 for the fiscal quarters March 31, 2007 Each Fiscal Quarter ending after 1.15:1.0 March 31, 2007 and on or prior to December 31, 2018 2007 Each Fiscal Quarter ending after 1.05:1.0 December 31, 2007 and ▇▇▇▇▇ ▇▇on or prior to September 30, ▇▇▇▇2008 Each Fiscal Quarter ending after 1.15:1.0 September 30, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2008.
Appears in 1 contract
Sources: Revolving Credit Agreement (Haverty Furniture Companies Inc)
Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarterFiscal Quarter ending after the Closing Date, commencing with the fiscal quarter Fiscal Quarter ending December 31, 20182013, a the Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters trailing four Fiscal Quarters then ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 shall equal or exceed 1.25 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain a Fixed Charge Coverage Ratio of at least (i) 0.85:1.00 for the six (6) months ending as of June 30, 2022, (ii) 1.10:1.00 for the end nine (9) months ending as of each September 30, 2022, and (iii) 1.10:1.00 for the four (4) fiscal quarter, commencing with quarter period ending as of the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than 2022 and for each four (i4) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter period ending December 29, 2019 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.”
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Mammoth Energy Services, Inc.)
Fixed Charge Coverage Ratio. Maintain as of the end of (i) for each fiscal quarter, commencing quarterly period beginning with the fiscal quarter quarterly period ending December 31, 20182009 through and including the quarterly period ending December 31, 2010, a Fixed Charge Coverage Ratio of not less than 1.25:1.00; and (iii) 1.10 to 1.00 for each quarterly period beginning with the fiscal quarters quarterly period ending December March 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 2011 and as of the end last day of each fiscal quarter quarterly period thereafter, in each case on a trailing twelve (12) month basisFixed Charge Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Sources: Loan and Security Agreement (Telecommunication Systems Inc /Fa/)
Fixed Charge Coverage Ratio. Maintain as of Commencing with the fiscal --------------------------- quarter ending June 30, 2005, maintain a Fixed Charge Coverage Ratio at the end of each fiscal quarter, commencing with respect to the four fiscal quarter ending December 31quarters then ended, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Air Methods Corp)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with (1) For the fiscal quarter quarters ending December August 31, 20182003, and November 30, 2003, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the 1.10:1.0, measured on a fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇quarter-end basis, (▇▇2) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December February 29, 2019 2004, a Fixed Charge Coverage Ratio of not less than 1.20:1.0, measured on a fiscal quarter-end basis, and as of (3) for the end of fiscal quarter ending May 31, 2004, and for each fiscal quarter ending thereafter, in each case on a trailing twelve (12) month basis.Fixed Charge Coverage Ratio of not less than 1.25:1.0;
Appears in 1 contract
Sources: Loan and Security Agreement (California Amplifier Inc)
Fixed Charge Coverage Ratio. Maintain Have a Fixed Charge Coverage Ratio, measured on a trailing four fiscal quarter basis, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for ended immediately preceding the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 Commencement Date and as of the end of each fiscal quarter ended during such Financial Covenant Period, of at least the required ratio set forth in the following table for the applicable period set forth opposite thereto:
1.1 1.0 For the 12 month period ending April 4, 2011 and for each 12 month period ended as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, Borrowers will maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 1.0 for the fiscal quarter ending December 29March 31, 2019 2002 and as for each fiscal quarter end thereafter. In addition, if Borrowers fail to maintain a Fixed Charge Coverage Ratio of more than 1.25 to 1.0 for any fiscal quarter, Borrowers agree to pay to Bank a fee in the amount of $7,500 for such fiscal quarter, which fee will be due and payable at the end of each the applicable fiscal quarter thereafter, in each case on a trailing twelve (12) month basisquarter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of At all times during the end of each term hereof the Fixed Charge Coverage Ratio shall not be less than the following:
1.0:1. 0 for the period beginning with the fiscal quarterquarter ending on September 30, commencing with 2003 and the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 2004;
0.8:1. 0 for the fiscal quarters ending December March 31, 2018 2005, June 30, 2005 and ▇▇▇▇▇ ▇▇September 30, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 2005;
0.9:1 0 for the fiscal quarter ending December 2931, 2019 and as of the end of 2005; and
1.0:1. 0 for each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, there shall be maintained a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the at least: For fiscal quarters ending December prior to May 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for 1996 1.5:1.0 From the fiscal quarter ending December 29May 31, 2019 and as of 1996 through the end of each fiscal quarter thereafterending February 28, in each case on a trailing twelve (12) month basis.1998 1.25:1.0 For fiscal quarters ending after February 28, 1998 1.5:1.0
Appears in 1 contract
Sources: Credit Agreement (Heilig Meyers Co)
Fixed Charge Coverage Ratio. Maintain The Borrower will maintain, as of the end of each fiscal quarterFiscal Quarter, commencing with the fiscal quarter Fiscal Quarter ending December 31June 30, 20182008, a Fixed Charge Coverage Ratio of not less than (i) 1.10 the following: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or 1.15:1.0 prior to 1.00 for the fiscal quarters June 30, 2008 The Fiscal Quarter ending December 31on September 30, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters 2008 1.20:1.0 Each Fiscal Quarter ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.thereafter 1.50:1.0
Appears in 1 contract
Sources: Revolving Credit Agreement (Landamerica Financial Group Inc)
Fixed Charge Coverage Ratio. Maintain as of at all times a Fixed Charge Coverage Ratio, on a consolidated basis, equal to or greater than 1.10 to 1.00, reported at the end of each fiscal quarter, Fiscal Quarter commencing with the fiscal quarter Fiscal Quarter ending December 31June 30, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2009.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, at all such times a Fixed Charge Coverage Ratio of not less than (i) 1.10 .75 to 1.00 for the fiscal quarters quarter ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, ▇ (▇▇) 1.15 1.00 to 1.00 for the last two fiscal quarters ending July 14June 30, 2019 and October 62001, 2019, and (iii) 1.20 1.00 to 1.00 for the last three fiscal quarters ending September 30, 2001 and (iv) commencing with the fiscal quarter ending December 2931, 2019 and as of 2001, 1.00 to 1.00, to be tested on a rolling four quarter basis at the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisquarter.
Appears in 1 contract
Sources: Revolving Credit, Capital Expenditure Line and Security Agreement (Philipp Brothers Chemicals Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and Alle▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of up will at the end of each fiscal quarter thereaftermaintain a Fixed Charge Coverage Ratio, in each case on a trailing twelve (12) month basiscalculated for the four quarter period ending with such fiscal quarter, of not less than 2.00 to 1.00.
Appears in 1 contract
Sources: Credit Agreement (Allen Group Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, quarter (commencing with the fiscal quarter ending December 31March 31September 30 , 20182025), a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than (i) 1.10 to 1.00: 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, four (▇▇4) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the consecutive fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisperiod then ended.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/)
Fixed Charge Coverage Ratio. Maintain as As of the end of each fiscal quarterFiscal Quarter, commencing with the fiscal quarter Fiscal Quarter ending December 31September 30, 20182020, a the Fixed Charge Coverage Ratio of shall not be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case 1.00. The Fixed Charge Coverage Ratio shall be measured quarterly on a trailing twelve (12) month rolling four quarter basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not at any time to be less than (i) 1.10 to 1.00 1.10:1.00 for the four consecutive fiscal quarters ending December on January 31, 2018 and ▇▇▇▇▇ ▇▇April 30, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 31 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end 31 of each fiscal quarter thereafteryear commencing with January 31, in each case on a trailing twelve (12) month basis1996.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Maintain, on a Consolidated basis, (i) as of the end of each fiscal quarter, commencing with the its fiscal quarter ending December 31June 28, 20182003, for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio of not less than (i) 1.10 0.75 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 20191.00, and (iiiii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case for the twelve-month period ending on such date, a trailing twelve (12) month basisFixed Charge Coverage Ratio of not less than 1.10 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December May 31, 20182007, a Fixed Charge Coverage Ratio of not less shall be greater than (i) 1.10 or equal to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 2.0 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.
Appears in 1 contract
Sources: Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than than:
(i) 1.10 90 to 1.00 1.0 for the four consecutive fiscal quarters quarter periods ending on September 30, 1997;
(ii) 1.0 to 1.0 for the four consecutive fiscal quarter periods ending on December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and 1997;
(iii) 1.20 1.0 to 1.00 1.0 for the four consecutive fiscal quarter periods ending December 29on March 31, 2019 and as of the end of 1998; and
(iv) 1.50 to 1.0 for each four consecutive fiscal quarter periods ending thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, To maintain on a consolidated basis a Fixed Charge Coverage Ratio of not less than (i) 1.10 at least 1.25 to 1.00 for the fiscal quarters ending December 311 as of September 30, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 20192009, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter end thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Sources: Loan Modification Agreement (Craft Brewers Alliance, Inc.)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the Borrower’s fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 ended September 2015 and for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basispermit the Fixed Charge Coverage Ratio as of the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Maintain, as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 the following amounts during the periods specified below: September 30, 1999 through December 30, 1999 1.50 to 1.00 for the fiscal quarters ending 1.0 December 31, 2018 1999 through March 30, 2000 1.75 to 1.0 March 31, 2000 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 thereafter 2.00 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.0
Appears in 1 contract
Sources: Revolving Credit Agreement (Meadowbrook Insurance Group Inc)
Fixed Charge Coverage Ratio. Maintain as Permit, for the four consecutive fiscal quarters ending September 30, 1996 and for each period of four consecutive fiscal quarters ending thereafter, the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Consolidated Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31Borrower and its Subsidiaries, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of calculated at the end of each fiscal quarter thereafterof the Borrower, in each case on a trailing twelve (12) month basisto be less than 1.25 to 1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the Company’s fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 ended September 2015 and for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basispermit the Fixed Charge Coverage Ratio as of the last day of the fiscal quarter then ended, to be less than 1.25 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter Fiscal Quarter ending December 31September 30, 20182017, maintain a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31at least 1.0:1.0, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and determined as of the end last day of each fiscal Fiscal Quarter for the trailing four quarter thereafter, in each case on a trailing twelve (12) month basisperiod then ended.
Appears in 1 contract
Sources: Loan and Security Agreement (Wireless Telecom Group Inc)
Fixed Charge Coverage Ratio. Maintain as of the end of At each fiscal quarterquarter end occurring on and after September 30, commencing with the fiscal quarter ending December 311997, 2018, have a Fixed Charge Coverage Ratio of not less greater than (i) 1.10 or equal to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Permit the Fixed Charge Coverage Ratio, determined as of the end of each fiscal quarterof its Fiscal Quarters for the then most-recently ended four Fiscal Quarters, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (ia) 1.10 1.25 to 1.00 for on the fiscal quarters ending December 31Closing Date through September 30, 2018 2005 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇b) 1.15 1.50 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter at all times thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Commencing with the fiscal quarter ending December 31September 30, 20182008, have a Fixed Charge Coverage Ratio Ratio, measured on a fiscal quarter-end basis for the period of not four fiscal quarters then ending, of less than (i) 1.10 to 1.00 the required amount set forth in the following table for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the any fiscal quarter ending December 29, 2019 and as of during the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.applicable period set forth opposite thereto:
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of At any time permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio for any period of not four consecutive fiscal quarters to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the four fiscal quarters ended on March 31, 2000 and for the four fiscal quarters ended on the last day of any fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter occurring thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as As of the end of each fiscal quarter thereafterfor the four fiscal quarters then ended, in each case on a trailing twelve (12) month basisthe Fixed Charge Coverage Ratio shall not be less than 1.50:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of Beginning with Computation Period relating to the end of each fiscal quarter, commencing with the fiscal quarter Fiscal Quarter ending December on March 31, 20182008 and thereafter for each Computation Period relating to each Fiscal Quarter ending thereafter, a not permit the Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and calculated as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12Fiscal Quarter) month basisto be less than 1.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio at each fiscal quarter end of not less than 1.05:1.00 for (i) 1.10 to 1.00 for the two fiscal quarters ending December 31June 30, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇2003, (▇▇ii) 1.15 to 1.00 for the three fiscal quarters ending July 14September 30, 2019 and October 6, 20192003, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisthe four fiscal quarters then ended.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Comforce Corp)
Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 311.00, 2018 and ▇▇▇▇▇ ▇▇measured as of (a) November 30, ▇▇▇▇2010, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29then most recently ended; (b) February 28, 2019 2011, for the two fiscal quarter period then most recently ended; (c) May 31, 2011, for the three fiscal quarter period then most recently ended; (d) August 31, 2011 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisfor the four fiscal quarter period then most recently ended.
Appears in 1 contract
Sources: Preferred Stock and Warrant Purchase Agreement (NYTEX Energy Holdings, Inc.)
Fixed Charge Coverage Ratio. Maintain Commencing with the fiscal quarter ending July 31, 2012, cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 .70 to 1.00 for the fiscal quarters quarter ending December July 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, 2012 and (iiiii) 1.20 1.10 to 1.00 1.0 for the fiscal each quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case measured on a trailing twelve rolling four (124) month quarter basis.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Amrep Corp.)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.0 to 1.00 for the fiscal quarters ending December 311.0, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of calculated on a quarterly basis at the end of each fiscal quarter thereafterFiscal Quarter for the immediately preceding 4 Fiscal Quarters, in each case commencing with the Fiscal Quarter ending on a trailing twelve (12) month basisSeptember 8, 2001.
f. By adding the following new Section 10.1.13 to the Loan Agreement immediately following Section 10.1.12:
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing Beginning with the fiscal quarter ending December 31September 30, 20182012, a and at all times thereafter, the Fixed Charge Coverage Ratio of may not at any time be less than (i) 1.10 1.25 to 1.00 1.00. The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for the fiscal quarters four fiscal-quarter period ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end last day of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basisof Borrower.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, Guarantor and its Subsidiaries will maintain a Fixed Charge Coverage Ratio of not less than (ia) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 1.50 to 1.00 for the fiscal quarter ending December 29, 2019 and as of September 30, 2004 and (b) 1.40 to 1.00 for the end of each fiscal quarter thereafterending as of December 31, in each case on a trailing twelve (12) month basis2004.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) at least 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each fiscal quarter thereafterFiscal Quarter commencing with the Fiscal Quarter ending September 30, in each case on a trailing twelve (12) month basis2010.
Appears in 1 contract
Sources: Loan and Security Agreement (South Texas Supply Company, Inc.)
Fixed Charge Coverage Ratio. Maintain (x) Commencing with the fiscal quarter ending January 1, 2011, and for each fiscal quarter thereafter up to and including the fiscal quarter ending on or about September 30, 2011, cause to be maintained as of the end of each such fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 1.0 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, 1.0 and (iiiy) 1.20 to 1.00 for each fiscal quarter ending on or after the fiscal quarter ending on or about December 2931, 2019 and as of 2011, for the end of each four fiscal quarter thereafterperiod then ended, in a Fixed Charge Coverage Ratio of not less than 1.0 to 1.0 for each case on a trailing twelve (12) month basissuch four fiscal quarter period.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Presstek Inc /De/)
Fixed Charge Coverage Ratio. Maintain as With respect to any period of the end of each four consecutive fiscal quarter, commencing with the fiscal quarter quarters ending December on or prior to March 31, 20182007, a permit the Fixed Charge Coverage Ratio of not for any such period to be less than (i) 1.10 1.30 to 1.00 for and with respect to each period of four consecutive quarters, the fiscal quarters ending December last day of which occurs after March 31, 2018 and ▇▇▇▇▇ ▇▇2007, ▇▇▇▇, (▇▇) 1.15 permit the Fixed Charge Coverage Ratio for any such period to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 be less than 1.40 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain Permit, as of the end of each fiscal quarter commencing June 30, 1997, the Fixed Charge Coverage Ratio to be less than 2.25 to 1.0 as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Sources: Credit Agreement (Corestaff Inc)
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio, as of the end last day of each fiscal quarterquarter of the Credit Parties, commencing beginning with the fiscal quarter ending December 31, 20182008, a Fixed Charge Coverage Ratio of not less shall be greater than or equal to (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 2931, 2019 2008, and as of (ii) 1.25 to 1.00 for the end of fiscal quarter ending March 31, 2009, and each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 With respect to 1.00 for the fiscal quarters ending on the dates set forth below, maintain a Fixed Charged Coverage Ratio in a proportion not less than that set forth below opposite each such fiscal quarter: Fiscal Quarter Ratio June 30, 2000 > 1.15 to 1.00 - September 30, 2000 > 1.40 to 1.00 - December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 2000 > 1.65 to 1.00 for the fiscal quarters ending July 14- March 31, 2019 2001 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.thereafter > 1.75 to 1.00 -
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a The Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 Ratio, calculated for the fiscal quarters ending December 31Fiscal Quarter (or Fiscal Month) just ended and the immediately preceding three Fiscal Quarters (or 11 Fiscal Months), 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 will be equal to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 or greater than 1.4 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. Maintain The Borrower will maintain, as of the end of each fiscal quarterFiscal Quarter, commencing with the fiscal quarter Fiscal Quarter ending December October 31, 20182009, a Fixed Charge Coverage Ratio of not less than (i) 1.10 than: Fiscal Quarter Fixed Charge Coverage Ratio Each Fiscal Quarter ending on or prior to 1.00 for the fiscal quarters ending December January 31, 2018 and ▇▇▇▇▇ ▇▇2010 1.20:1.00 Each Fiscal Quarter ending after January 31, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.2010 1.25:1.00
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Easylink Services International Corp)
Fixed Charge Coverage Ratio. Maintain at all times a Fixed Charge Coverage Ratio, on a consolidated basis, reported as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) equal to or greater than: Through 3/31/07 0.65 to 1.00 4/1/07 through 6/30/07 0.55 to 1.00 7/1/07 through 9/29/07 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 9/30/07 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 thereafter 1.25 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.00
Appears in 1 contract
Sources: Credit Facility Agreement (Phoenix Footwear Group Inc)
Fixed Charge Coverage Ratio. Maintain as of Permit the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not to be less than (ia) 1.10 1.50 to 1.00 for at the end of any fiscal quarters ending December 31, 2018 quarter-end occurring during the period from and ▇▇▇▇▇ ▇▇, ▇▇▇▇including the Third Amendment Closing Date through and including the fourth fiscal quarter of fiscal year 2009, (▇▇b) 1.15 1.75 to 1.00 for at the end of any fiscal quarters ending July 14, 2019 quarter-end occurring during the period from and October 6, 2019including the first day of the first fiscal quarter of fiscal year 2010 through and including the second fiscal quarter of fiscal year 2010, and (iiic) 1.20 2.25 to 1.00 for the fiscal quarter ending December 29, 2019 and as of at the end of each any fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Sources: Fourth Amended and Restated Credit Agreement (Spartech Corp)
Fixed Charge Coverage Ratio. Maintain The Fixed Charge Coverage Ratio shall be greater than or equal to 1.0 to 1, determined as of the end of each fiscal quarterany Fiscal Quarter for the four most recently ended Fiscal Quarters, commencing beginning with the fiscal quarter ending December 31Fiscal Quarter beginning on January 1, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis2021.
Appears in 1 contract
Sources: Loan and Security Agreement (AquaBounty Technologies, Inc.)
Fixed Charge Coverage Ratio. Maintain as The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters of Holdings ending during any period set forth below shall not be less than the end ratio set forth below opposite such period: Effective Date through and including the last day of each fiscal quarter, commencing with the fiscal quarter ending December 31on or about October 29, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 2011 2.50 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 Thereafter 3.00 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.00
Appears in 1 contract
Sources: Credit Agreement (J C Penney Co Inc)
Fixed Charge Coverage Ratio. Maintain Cause to be maintained as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31June 30, 20182000, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing rolling twelve (12) month basis, a Fixed Charge Ratio equal to or greater than 1.05 to 1.0.
Appears in 1 contract
Sources: Consignment Agreement (Semx Corp)
Fixed Charge Coverage Ratio. Maintain as of the end of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2018, a The actual Fixed Charge Coverage Ratio for the period of four Fiscal Quarters most recently ended (the “Reported Period”) is: to 1.0 the Fixed Charge Coverage Ratio is required to be not less than (i) 1.10 than: 1.2 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.1.0
Appears in 1 contract
Sources: Credit Agreement (Superior Offshore International Inc.)
Fixed Charge Coverage Ratio. Maintain as The Company and its Subsidiaries shall maintain at all times a Fixed Charge Coverage Ratio, calculated on a trailing four quarters basis, of not less than: .935 to 1.0 for the end of each fiscal quarterquarter ending September 30, commencing with 2001, 1.02 to 1.0 for the fiscal quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 2001 and 1.0625 to 1.00 1.0 for the all fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Sources: Note and Warrant Purchase Agreement (Perma Fix Environmental Services Inc)
Fixed Charge Coverage Ratio. Maintain The Borrowers and their Subsidiaries will not permit the Fixed Charge Coverage Ratio, as of the end last day of each fiscal quarter, commencing with the any fiscal quarter for the four consecutive fiscal quarters ending December 31on the dates indicated, 2018, a Fixed Charge Coverage Ratio of not to be less than (i) 1.10 to 1.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iiia) 1.20 to 1.00 for the fiscal quarter ending September 30, 2012 through the fiscal quarter ending September 30, 2013, (b) 1.25 to 1.00 for the fiscal quarter ending December 2931, 2019 2013 through the fiscal quarter ending September 30, 2014 and as of the end of (c) 1.30 to 1.00 for each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 1 contract
Sources: Credit Agreement (Dolan Co.)
Fixed Charge Coverage Ratio. Maintain Permit the Fixed Charge Coverage Ratio as of the end of each fiscal quarterFiscal Quarter for the period of four (4) Fiscal Quarters then ended, commencing with the fiscal quarter first Fiscal Quarter ending December 31, 2018, a Fixed Charge Coverage Ratio of not less than (i) 1.10 to 1.00 for the fiscal quarters ending on December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter Fiscal Quarter thereafter, in each case on a trailing twelve (12) month basisto be less than 1.20:1.00.
Appears in 1 contract
Sources: Credit Agreement (HCI Group, Inc.)