Common use of Cash Flow Coverage Ratio Clause in Contracts

Cash Flow Coverage Ratio. (a) Permit the ratio of the Borrower's EBITDA to the sum of (i) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS (ii) mandatory principal payments on Long Term Debt, PLUS (iii) income taxes actually paid during such period, to be less than (x) 0.75 to 1.0 as of November 24, 1996, for the four consecutive fiscal quarters ending on that date and (y) 1.1 to 1.0 as of February 23, 1997, for the four consecutive fiscal quarters ending on that date. (b) Permit the ratio, as of the last day of any fiscal quarter, of the Borrower's EBITDA for the four consecutive fiscal quarters ending on that date to the sum of (a) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS (b) mandatory principal payments on Long Term Debt, PLUS (c) cash Capital Expenditures not financed by Long Term Debt, PLUS (d) income taxes actually paid during such period, to be less than 1.1 to 1.0.

Cash Flow Coverage Ratio. (a) Permit the ratio of the Borrower's EBITDA to the sum of (i) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS plus (ii) mandatory principal payments on Long Term Debt, PLUS plus (iii) income taxes actually paid during such period, to be less than (x) 0.75 to 1.0 as of November 24, 1996, for the four consecutive fiscal quarters ending on that date and (y) 1.1 to 1.0 as of February 23, 1997, for the four consecutive fiscal quarters ending on that date. (b) Permit Subsequent to February 23, 1997, permit the ratio, as of the last day of any fiscal quarter, of the Borrower's EBITDA for the four consecutive fiscal quarters ending on that date to the sum of (a) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS plus (b) mandatory principal payments on Long Term Debt, PLUS plus (c) cash Capital Expenditures not financed by Long Term Debt, PLUS plus (d) income taxes actually paid during such period, to be less than 1.1 to 1.0.

Cash Flow Coverage Ratio. (a) Permit the ratio of the Borrower's EBITDA to the sum of (i) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS plus (ii) mandatory principal payments on Long Term Debt, PLUS plus (iii) income taxes actually paid during such period, to be less than (x) 0.75 to 1.0 as of November 24, 1996, for the four consecutive fiscal quarters ending on that date and (y) 1.1 to 1.0 as of February 23, 1997, for the four consecutive fiscal quarters ending on that date. (b) Permit the ratio, as of the last day of any fiscal quarter, of the Borrower's EBITDA for the four consecutive fiscal quarters ending on that date to the sum of (a) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS plus (b) mandatory principal payments on Long Term Debt, PLUS plus (c) cash Capital Expenditures not financed by Long Term Debt, PLUS plus (d) income taxes actually paid during such period, to be less than 1.1 to 1.0.

Cash Flow Coverage Ratio. (a) Permit the ratio of the Borrower's EBITDA to the sum of (i) its consolidated interest expense (including, without limitation, imputed interest expense on Capitalized Leases), PLUS ) plus (ii) mandatory principal payments on Long Term Debt, PLUS plus (iii) income taxes actually paid during such period, to be less than (x) 0.75 to 1.0 as of November 24, 1996, for the four consecutive fiscal quarters ending on that date and (y) 1.1 to 1.0 as of February 23, 1997, for the four consecutive fiscal quarters ending on that date. (b) Permit Subsequent to February 23, 1997, permit the ratio, as of the last day of any fiscal quarter, of the Borrower's EBITDA EBlTDA for the four consecutive fiscal quarters ending on that date to the sum of (a) its consolidated interest expense (including, including without limitation, imputed interest expense on Capitalized Leases), PLUS ,) plus (b) mandatory principal payments on Long Term Debt, PLUS plus (c) cash Capital Expenditures not financed by Long Term Debt, PLUS plus (d) income taxes actually paid during such period, to be less than 1.1 to 1.0.