Common use of Consolidated Fixed Charge Coverage Ratio Clause in Contracts

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 to 1.

Appears in 4 contracts

Sources: Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Maintain, as at of the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basisquarter, a Consolidated Fixed Charge Coverage Ratio in a proportion for the Borrower and its Consolidated Subsidiaries, excluding Discontinued Operations, of not less than 1.75 1.25 to 11.0 for the preceding Rolling Period.

Appears in 3 contracts

Sources: Second Waiver and Amendment Agreement, Waiver and Amendment Agreement, Second Waiver and Amendment Agreement (Selas Corp of America)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at As of the end of each Fiscal Quarter following the Amendment No. 2 Effective Date, permit the Consolidated Fixed Charge Coverage Ratio for the four (4) consecutive Fiscal Quarter period ending on the last day of each fiscal such quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not to be less than 1.75 2.00 to 11.00.

Appears in 2 contracts

Sources: Credit Agreement (Texas Roadhouse, Inc.), Credit Agreement (Texas Roadhouse, Inc.)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at On the last day of each fiscal quarter of the Borrower, beginning Borrower (commencing with the fiscal quarter ending December 31ended September 30, 20022010), in each case calculated on a rolling four (4) quarter basis, a permit the Consolidated Fixed Charge Coverage Ratio in a proportion for the period of not four consecutive fiscal quarters of the Borrower ending on such date to be less than 1.75 to 12.0:1.0.

Appears in 2 contracts

Sources: Credit Agreement (National Financial Partners Corp), Credit Agreement (National Financial Partners Corp)

Consolidated Fixed Charge Coverage Ratio. The Borrower and its Restricted Subsidiaries will maintain have, as at of the last day end of each fiscal quarter (calculated for such quarter and the three prior fiscal quarters) of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Coverage Ratio in a proportion of not less than 1.75 2.0 to 1.1.0:

Appears in 2 contracts

Sources: Revolving Credit Agreement (American Healthways Inc), Revolving Credit Agreement (American Healthways Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries on a consolidated basis will maintain as at the last day of each fiscal quarter of the Borrowera Consolidated Fixed Charge Coverage Ratio, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 1.50 to 11.0 from the last day of the 1999 fiscal year end and thereafter."

Appears in 2 contracts

Sources: Loan Agreement (Smith & Wollensky Restaurant Group Inc), Loan Agreement (New York Restaurant Group Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at As of the last day of each any fiscal quarter of from the BorrowerClosing Date and all times thereafter, beginning with permit the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion Coverage Ratio, calculated as at the end of not such fiscal quarter for the period of four consecutive fiscal quarters of the Borrower then ended, to be less than 1.75 1.10 to 11.00.

Appears in 1 contract

Sources: Credit Agreement (Gartner Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain In the case of the Borrower, permit the Consolidated Fixed Charge Coverage Ratio as at of the last day of each fiscal quarter of the Borrower, beginning commencing with the fiscal quarter ending December 31on September 30, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not 2015 to be less than 1.75 to 12.50:1.00; provided, that if the Borrower shall have achieved an Investment Grade Rating, then so long as the Borrower maintains an Investment Grade Rating, the requirements of this Section 6.12 shall no longer apply.

Appears in 1 contract

Sources: Senior Unsecured Credit Agreement (Choice Hotels International Inc /De)

Consolidated Fixed Charge Coverage Ratio. The Borrower and its Restricted Subsidiaries will maintain as at shall maintain, for the four Fiscal Quarter period ended on the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basisFiscal Quarter set forth below, a Consolidated Fixed Charge Coverage Ratio in a proportion of not less than 1.75 the ratio set forth below opposite such Fiscal Quarter: Four Fiscal Quarters ending Minimum Consolidated Fixed Charge Ratio June 30, 2007 0.90 to 1.1.00 September 30, 2007 0.95 to 1.00 December 31, 2007 1.00 to 1.00 March 31, 2008

Appears in 1 contract

Sources: Credit Agreement (American Apparel, Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Permit the Consolidated Fixed Charge Coverage Ratio as at the last day of each any period of four consecutive fiscal quarter quarters of the Borrower, beginning commencing with the period of four consecutive fiscal quarter quarters ending December 31June 30, 20022014, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not to be less than 1.75 1.10 to 1one (1.10:1.00).

Appears in 1 contract

Sources: Credit Agreement (Enovation Controls, Inc.)

Consolidated Fixed Charge Coverage Ratio. The Borrower and its Restricted Subsidiaries will maintain as at of the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basisquarter, a Consolidated Fixed Charge Coverage Ratio in a proportion of not less than 1.75 1.55 to 11.0.

Appears in 1 contract

Sources: Loan Agreement (Genesco Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as Maintain at all times a Consolidated Fixed Charge Coverage Ratio for the 4 consecutive Fiscal Quarters ending on the last day of each fiscal quarter Fiscal Quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 at least 1.1 to 11.0.

Appears in 1 contract

Sources: Credit Agreement (Remington Arms Co Inc/)

Consolidated Fixed Charge Coverage Ratio. At the end of each Fiscal Quarter of the Borrower Group during Stage 2, no Borrower shall permit the Consolidated Fixed Charge Coverage Ratio to be less than (i) from and its Restricted Subsidiaries will maintain as at after the last day of the first Fiscal Quarter to occur during Stage 2 until and including December 31, 2002, 1.10 to 1.0 and, (ii) from and after March 31, 2003 until and including the last day of each fiscal quarter of the BorrowerFiscal Quarter thereafter, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 to 11.0.

Appears in 1 contract

Sources: Credit Agreement (Fibernet Telecom Group Inc\)

Consolidated Fixed Charge Coverage Ratio. The Borrower and its Restricted Subsidiaries will maintain as at of the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basisfollowing quarterly accounting periods, a Consolidated Fixed Charge Coverage Ratio in a proportion of not less than 1.75 than: -49- 50 Quarter Ending Ratio -------------- ------ October 31, 1997 and each 1.60 to 1.1.0 quarter ending thereafter through October 31, 1999 January 31, 2000 and each 1.63 to 1.0 quarter ending thereafter through October 31, 2001 January 31, 2001 and each 1.65 to 1.0 quarter ending thereafter

Appears in 1 contract

Sources: Loan Agreement (Genesco Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Maintain, as at of the last day of each fiscal quarter of quarter, for the BorrowerMeasuring Period then ending, beginning commencing with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis2006, a Consolidated Fixed Charge Coverage Ratio in a proportion of not less than 1.75 1.25 to 11.00.

Appears in 1 contract

Sources: Credit Agreement (Noble International, Ltd.)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at On the last day of each any fiscal quarter of quarter, permit the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Coverage Ratio in a proportion of not the Borrower to be less than 1.75 1.15 to 11.00 for any four consecutive fiscal quarter period beginning two fiscal quarters prior to such date and ending two fiscal quarters subsequent to such date; provided that the financial information used for the subsequent two fiscal-quarter period shall be the relevant information disclosed in the most recent Projections delivered to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Williams Companies Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Permit the Consolidated Fixed Charge Coverage Ratio as at of the last day of each any fiscal quarter of the Borrower, beginning Borrower (commencing with the fiscal quarter ending December ended January 31, 2002, in each case calculated on a rolling four (42008) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not to be less than 1.75 to 12.00:1.00.

Appears in 1 contract

Sources: Credit Agreement (Qad Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at On the last day of each any fiscal quarter of quarter, permit the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Coverage Ratio in a proportion of not the Borrower to be less than 1.75 1.15 to 11.00 for any four consecutive fiscal quarter period beginning two fiscal quarters prior to such date and ending two fiscal quarters subsequent to such date; provided that the financial information used for the two fiscal-quarter period shall be the relevant information disclosed in the most recent Projections delivered to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Williams Companies Inc)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Permit the Consolidated Fixed Charge Coverage Ratio as at the last day of each any period of four consecutive fiscal quarter quarters of the Borrower, beginning commencing with the fiscal quarter ending December 31ended June 30, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not 2016 to be less than 1.75 to 11.25:1.00.

Appears in 1 contract

Sources: Credit Agreement (TechTarget Inc)

Consolidated Fixed Charge Coverage Ratio. The Borrower and its Restricted Subsidiaries will shall maintain as at of the last day of each a fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Coverage Ratio in a proportion of not less than 1.75 to 11.25:1.0.

Appears in 1 contract

Sources: Credit Agreement (Northwest Pipe Co)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain The Consolidated Fixed Charge Coverage Ratio of the Borrower, calculated as at of the last day of each fiscal quarter of for the Borrowerfour-quarter period ending on such last day, beginning with the fiscal quarter ending December 31commencing June 30, 20021998, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 to 1will be at least 1.5:1.

Appears in 1 contract

Sources: Loan Agreement (Presley Companies /De)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Maintain, as at of the last day of each fiscal quarter of the Borrowerquarter, beginning with the fiscal quarter ending December 31, 2002, in each case calculated a Fixed Charge Coverage Ratio on a rolling four (4) quarter basisconsolidated basis for the Borrower and its Consolidated Subsidiaries, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 1.25 to 11.00 for the Rolling Period.

Appears in 1 contract

Sources: Loan Agreement (Selas Corp of America)

Consolidated Fixed Charge Coverage Ratio. The Borrower and shall have, on a consolidated basis with its Restricted Subsidiaries will maintain consolidated Subsidiaries, a Fixed Charge Coverage Ratio, as at of the end of each period of twelve consecutive fiscal months ending on the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31month set forth below, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 the ratio set forth below opposite such period: Minimum Consolidated Fixed Twelve Fiscal Months Ending In Charge Coverage Ratio (a) June 2000 .60 to 1.1.00

Appears in 1 contract

Sources: Financing Agreement (Cannondale Corp /)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain Cause the Consolidated Fixed Charge Coverage Ratio as at of the last day of each any period of four consecutive fiscal quarter quarters of the Borrower, beginning with the fiscal quarter ending Borrower to be equal to or greater than: Closing Date through and including December 31, 20022003 2.50 to 1.0 January 1, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 2004 and thereafter 3.00 to 1.1.0

Appears in 1 contract

Sources: Credit Agreement (Inamed Corp)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain The Consolidated Fixed Charge Coverage Ratio, as at of the last day of each fiscal quarter of the Borrower, beginning with Borrower and its consolidated Subsidiaries shall be greater than or equal to (i) 1.50 to 1.0 until the end of the first fiscal quarter of the Borrower's fiscal year 2005 and (ii) 2.00 to 1.0 for each fiscal quarter of the Borrower ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 to 1thereafter.

Appears in 1 contract

Sources: Credit Agreement (Intermagnetics General Corp)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at On the last day of each fiscal quarter of the Borrower, beginning Borrower (commencing with the fiscal quarter ending ended December 31, 20022012), in each case calculated on a rolling four (4) quarter basis, a permit the Consolidated Fixed Charge Coverage Ratio in a proportion for the period of not four consecutive fiscal quarters of the Borrower ending on such date to be less than 1.75 to 11.5:1.0.

Appears in 1 contract

Sources: Credit Agreement (National Financial Partners Corp)

Consolidated Fixed Charge Coverage Ratio. The Borrower and shall have, on a consolidated basis with its Restricted Subsidiaries will maintain consolidated Subsidiaries, a Fixed Charge Coverage Ratio, as at of the end of each period of twelve consecutive fiscal months ending on the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31month set forth below, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 to 1.the ratio set forth below opposite such period:

Appears in 1 contract

Sources: Financing Agreement (Cannondale Corp /)

Consolidated Fixed Charge Coverage Ratio. Borrower and its Restricted Subsidiaries will maintain as at On the last day of each fiscal quarter of the Borrower, beginning Borrower (commencing with the fiscal quarter ending December 31ended September 30, 20022010), in each case calculated on a rolling four (4) quarter basis, a permit the Consolidated Fixed Charge Coverage Ratio in a proportion for the period of not four consecutive fiscal quarters of the Borrower ending on such date to be less than 1.75 to 11.5:1.0.”

Appears in 1 contract

Sources: Credit Agreement (National Financial Partners Corp)