Consolidated EBITDA to Fixed Charges Ratio. CHC shall maintain at the end of each Fiscal Quarter for the four Fiscal Quarter period ending (a) on December 31, 2008 and the last day of each Fiscal Quarter ending thereafter through the Fiscal Quarter ending on December 31, 2009, a ratio of Consolidated EBITDA to Fixed Charges equal to or greater than 1.50 to 1.00; and (b) on March 31, 2010, and the last day of each Fiscal Quarter ending thereafter, a ratio of Consolidated EBITDA to Fixed Charges equal to or greater than 2.00 to 1.00.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Centerline Holding Co)
Consolidated EBITDA to Fixed Charges Ratio. CHC shall maintain at the end of each Fiscal Quarter for the four Fiscal Quarter period then ending (a) on December 31, 2008 and the last day of each Fiscal Quarter ending thereafter through the Fiscal Quarter ending on December 31, 2009, a ratio of Consolidated EBITDA to Fixed Charges equal to or greater than 1.50 to 1.00; and (b) on March 31, 2010, and the last day of each Fiscal Quarter ending thereafter, a ratio of Consolidated EBITDA to Fixed Charges equal to or greater than 2.00 2.25 to 1.00.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Centerline Holding Co)