Coverage Test. Permit the ratio of (a) EBITDA minus any and all dividends, distributions and/or redemption payments made by the Borrower to its shareholders or other holders of equity interests, to (b) Fixed Charges, to be less than (i) 1.25 to 1.0 for any four (4) consecutive fiscal quarters ending on or after September 30, 2008.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (CVC California LLC), Revolving Credit and Term Loan Agreement (General Environmental Management, Inc)