Four Fiscal Quarters Ending definition

Four Fiscal Quarters Ending. Maximum Consolidated Leverage Ratio: December 31, 2010 - December 31, 2011 4.00 to 1.00 March 31, 2012 - December 31, 2012 3.65 to 1.00 March 31, 2013 - June 30, 2013 3.20 to 1.00 September 30, 2013 - December 31, 2013 2.75 to 1.00 March 31, 2014 and thereafter 2.50 to 1.00
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Four Fiscal Quarters Ending. On or About Ratio October 31, 1997 1.2 January 31, 1998 1.3 April 30, 1998 1.3 July 31, 1998 1.3 October 31, 1998 1.3 January 31, 1999 and each Fiscal 1.5 Quarter thereafter
Sample 1Sample 2
Four Fiscal Quarters Ending. Minimum Consolidated Interest Coverage Ratio March 31, 2003 . . . . . . . 2.25:1.0 June 30, 2003. . . . . . . . 2.25:1.0 September 30, 2003 . . . . . 2.25:1.0 December 31, 2003. . . . . . 2.25:1.0 March 31, 2004 . . . . . . . 2.50:1.0 June 30, 2004. . . . . . . . 2.50:1.0 September 30, 2004 . . . . . 2.50:1.0 December 31, 2004. . . . . . 2.50:1.0 March 31, 2005 . . . . . . . 2.75:1.0 June 30, 2005. . . . . . . . 2.75:1.0 September 30, 2005 . . . . . 2.75:1.0 December 31, 2005. . . . . . 2.75:1.0 March 31, 2006 . . . . . . . 3.00:1.0 June 30, 2006. . . . . . . . 3.00:1.0
Sample 1

Examples of Four Fiscal Quarters Ending in a sentence

  • Section 7.11 is amended by amending and restating the table in subsection (a) thereof in its entirety as follows: Minimum Consolidated Interest Coverage Four Fiscal Quarters Ending Ratio Closing Date through December 31, 2005 1.8:1.0 March 31, 2006 through December 31, 2006 1.5:1.0 March 31, 2007 through September 30, 2007 1.8:1.0 December 31, 2007 and each Fiscal Quarter thereafter 2.0:1.0 Section 4.

  • Permit the Total Debt Ratio for any Measurement Period set forth below to be greater than the ratio set forth below opposite such period: Four Fiscal Quarters Ending Maximum Total Debt Ratio Closing Date through January 28, 2007 3.75:1.00 April 29, 2007 through February 1, 2009 3.50:1.00 May 3, 2009 and each fiscal quarter thereafter 3.25:1.00 ”.

  • Permit the Consolidated Leverage Ratio at any time to be greater than the ratios set forth below opposite such period: Four Fiscal Quarters Ending Maximum Consolidated Leverage Ratio September 30, 2012 through and including the fiscal quarter ending September 30, 2013 3.25 to 1.00 December 31, 2013 and each fiscal quarter thereafter 3.00 to 1.00 ; provided that during any Collateral Release Period, the Company shall not permit the Consolidated Leverage Ratio at any time to be greater than 2.50 to 1.00.

  • Four Fiscal Quarters Ending March 31, 2007 and each June 30, September 30, December 31 and March 31 thereafter 1.10 to 1 The foregoing notwithstanding, Agent, Borrowers and Lenders agree that this financial covenant (Fixed Charge Coverage Ratio) shall not be measured until Borrowers have delivered to Agent financial statements for the period ending March 31, 2007 in compliance with subsection 7.1.3(ii) of the Loan Agreement.

  • Permit the Fixed Charge Coverage Ratio for any Measurement Period set forth below to be less than the ratio set forth below opposite such period: Four Fiscal Quarters Ending Minimum Fixed Charge Coverage Ratio Amendment No. 2 Effective Date through January 23, 2009 1.15:1.00 May 1, 2009 and thereafter 1.20:1.00 (aa) Section 11.01(a) is hereby amended by adding the words “and the Additional Fee Letter” after the words “Fee Letter” in clause (v) of the second proviso thereto.


More Definitions of Four Fiscal Quarters Ending

Four Fiscal Quarters Ending. Maximum Consolidated Senior Leverage Ratio December 31, 2008 3.81 to 1.00 March 31, 2009 4.79 to 1.00 June 30, 2009 5.19 to 1.00 September 30, 2009 4.86 to 1.00 December 31, 2009 4.26 to 1.00 March 31, 2010 through December 31, 2010 3.00 to 1.00 March 31, 2011 through December 31, 2011 2.50 to 1.00 March 31, 2012 through December 31, 2013 2.25 to 1.00 ”
Sample 1
Four Fiscal Quarters Ending. Minimum Consolidated Fixed Charge Coverage Ratio December 31, 2008 1.15 to 1.00 March 31, 2009 1.10 to 1.00 June 30, 2009 1.04 to 1.00 September 30, 2009 1.00 to 1.00 December 31, 2009 1.00 to 1.00 March 31, 2010 through December 31, 2013 1.10 to 1.00 ”
Sample 1
Four Fiscal Quarters Ending. Closest To Amount January 31, 1998 1.60 April 30, 1998 1.60."
Sample 1
Four Fiscal Quarters Ending. On or About Amount ------------------ ------ October 31, 1997 $2,700,000 January 31, 1998 $2,700,000 April 30, 1998 $2,700,000 July 31, 1998 $2,700,000 October 31, 1998 $2,700,000 January 31, 1999 $2,800,000 April 30, 1999 $2,800,000 July 31, 1999 $2,800,000 October 31, 1999 $2,800,000 January 31, 2000 $3,000,000 April 30, 2000 $3,000,000 July 31, 2000 $3,000,000 October 31, 2000 $3,000,000 January 31, 2001 $3,200,000 April 30, 2001 $3,200,000 July 31, 2001 $3,200,000 October 31, 2001 $3,200,000 January 31, 2002 and each Fiscal $3,400,000 Quarter thereafter
Sample 1

Related to Four Fiscal Quarters Ending

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Consolidated Senior Leverage Ratio means, for any date of determination (i) Consolidated Funded Indebtedness on such date of determination (excluding the Unsecured Note Indebtedness) to (ii) Consolidated Adjusted EBITDA for the applicable period of four consecutive fiscal quarters.

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Fiscal Month means any of the monthly accounting periods of Borrower.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Adjusted Consolidated EBITDA means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, the Consolidated Net Income of the Borrower and the Subsidiaries for such period plus

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated First Lien Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters of the Borrower most recently ended.

  • Consolidated Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period:

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Four Quarter Period has the meaning set forth in the definition of “Consolidated Fixed Charge Coverage Ratio.”

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Consolidated Fixed Charge Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Adjusted EBITDA to (b) Consolidated Fixed Charges, in each case, for the most recently completed four (4) fiscal quarters.