Definition of Fixed Charge Coverage Ratio Clause Samples

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Definition of Fixed Charge Coverage Ratio. The definition of “Fixed Charge Coverage Ratio” contained in Section 1.01 of the Credit Agreement shall be amended and restated in its entirety to read as follows:
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Definition of Fixed Charge Coverage Ratio. Effective as of the date hereof, the definition of "Fixed Charge Coverage Ratio" set forth in Section 1.1 of the Agreement is hereby amended to read in its entirety as follows:
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Definition of Fixed Charge Coverage Ratio. Clause (b) of the opening paragraph of the definition of Fixed Charge Coverage Ratio is amended by adding the following language immediately after subclause (iii) (and immediately prior to the semi-colon setting off the proviso to such definition): “plus (iv) dividends paid in cash by the Parent during such period”. 1.3
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Definition of Fixed Charge Coverage Ratio. The definition of "Fixed Charge Coverage Ratio" is hereby deleted in its entirety.
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Definition of Fixed Charge Coverage Ratio. The reference to CAPITAL EXPENDITURES in Section 1.42(a) of the LOAN AGREEMENT shall be deleted for the time period beginning on April 30, 2004 and ending on October 31, 2004, and shall thereafter be reinstated in Section 1.42 effective as of November 1, 2004. Beginning for the period beginning on November 1, 2004 and continuing thereafter, CAPITAL EXPENDITURES shall be measured for purposes of Section 1.42(a) on a cumulative basis beginning on November 1, 2004 until October 31, 2005, and thereafter for the immediately preceding four (4) FISCAL QUARTERS.
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Related to Definition of Fixed Charge Coverage Ratio

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio as of the last day of any fiscal quarter to be less than 2.00 to 1.0.

  • Minimum Fixed Charge Coverage Ratio Maintain a Fixed Charge Coverage Ratio of at least 1.25:1.00 measured at the end of each Fiscal Quarter for the four consecutive Fiscal Quarters then ended.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Fixed Charge Coverage As of the last day of each calendar quarter, the ratio of (x) Annual EBITDA, less reserves for Capital Expenditures of (i) $.25 per square foot per annum for each Real Property Asset that is an office or retail property and (ii) $250 per unit for each Real Property Asset that is a multi-family residential property, to (y) the sum of (i) Total Debt Service and (ii) dividends or other payments payable by the General Partner with respect to any preferred stock issued by the General Partner and distributions or other payments payable by the Borrower with respect to any preferred partnership units of the Borrower, will not be less than 1.5:1.0.