Common use of Cash Flow to Fixed Charges Clause in Contracts

Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers during the periods set forth below, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentages set forth below of Consolidated Fixed Charges of the Borrowers for such four fiscal quarters then ending: Period Percentages October 30, 1998 through October 29, 1999 100% October 30, 1999 through October 27, 2000 105% October 28, 2000 and thereafter 110%

Appears in 1 contract

Sources: Credit Agreement (Booth Creek Ski Holdings Inc)

Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers during the periods set forth belowBorrowers, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentages set forth below 110% of Consolidated Fixed Charges of the Borrowers for such four fiscal quarters then ending: Period Percentages October 30, 1998 through October 29, 1999 100% October 30, 1999 through October 27, 2000 105% October 28, 2000 and thereafter 110%period." 2.8. Amendment to Section 7.5.3. Section 7.5.3 of the Credit Agreement is hereby amended to read in its entirety as follows:

Appears in 1 contract

Sources: Credit Agreement (Booth Creek Ski Holdings Inc)

Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers during the periods set forth belowBorrowers, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentages set forth below percentage of Consolidated Fixed Charges of the Borrowers for such four fiscal quarters then endingperiod set forth in the table below: Period Percentages October Fiscal Quarters Ending Nearest Percentage --------------------------------------- ------------ April 30, 1998 through October 2931, 1998 125% January 31, 1999 100% October 30, 1999 through October 27, 2000 105% October 28, 2000 and thereafter 110130%" 2.5. Amendment to Section 7.5.3. Section 7.5.3 of the Credit Agreement is hereby amended to read in its entirety as follows:

Appears in 1 contract

Sources: Credit Agreement (Booth Creek Ski Holdings Inc)

Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers during the periods set forth belowBorrowers, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentages set forth below percentage of Consolidated Fixed Charges of the Borrowers for such four fiscal quarters then endingperiod set forth in the table below: Period Percentages October Fiscal Quarters Ending Nearest Percentage ------------------------------ ---------- April 30, 1998 through October 29108.25% July 31, 1999 100% October 30, 1999 through October 27, 2000 105% October 28, 2000 1998 and thereafter 110%"

Appears in 1 contract

Sources: Credit Agreement (LMRC Holding Corp)

Cash Flow to Fixed Charges. On the last day of each fiscal quarter of the Borrowers during the periods set forth belowBorrowers, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentages set forth below percentage of such Consolidated Fixed Charges of the Borrowers for such four fiscal quarters then endingperiod set forth in the table below: Period Percentages October Fiscal Quarter Ending Percentage --------------------- ---------- Restatement Date through January 30, 1998 110% January 31, 1998 through October 29, 1999 100% October January 30, 1999 through October 27120% January 31, 2000 105% October 28, 2000 1999 and thereafter 110130%

Appears in 1 contract

Sources: Credit Agreement (Ski Lifts Inc)