Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.0.
Appears in 3 contracts
Sources: Credit Agreement (Overnite Corp), Credit Agreement (Overnite Corp), Credit Agreement (Overnite Corp)
Fixed Charge Coverage Ratio. Permit Maintain as of the Fixed Charge Coverage Ratio for any period end of four consecutive each fiscal quartersquarter, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003)2018, to be a Fixed Charge Coverage Ratio of not less than 1.85 (i) 1.10 to 1.01.00 for the fiscal quarters ending December 31, 2018 and ▇▇▇▇▇ ▇▇, ▇▇▇▇, (▇▇) 1.15 to 1.00 for the fiscal quarters ending July 14, 2019 and October 6, 2019, and (iii) 1.20 to 1.00 for the fiscal quarter ending December 29, 2019 and as of the end of each fiscal quarter thereafter, in each case on a trailing twelve (12) month basis.
Appears in 3 contracts
Sources: Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.), Revolving Credit, Term Loan, and Security Agreement (Vital Farms, Inc.)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending March 31, 2018, maintain as of December 31, 2003), to be the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.85 1.25 to 1.0. 11.
Appears in 3 contracts
Sources: Note Purchase Agreement, Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)
Fixed Charge Coverage Ratio. Permit or suffer the Fixed Charge Coverage Ratio for any period determined as of four consecutive the end of each fiscal quartersquarter of the Company, in each case taken as one accounting period (commencing with the fiscal quarter ending as September 30, 1997, for the period of December 31, 2003)four fiscal quarters then ended, to be less than 1.85 (i) 1.45 to 1.01.0 as of the end of any fiscal quarter of the Company ending on or before March 31, 1998 or (ii) 1.60 to 1.0 as of the end of any fiscal quarter thereafter.
Appears in 3 contracts
Sources: Credit Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD)
Fixed Charge Coverage Ratio. Permit Beginning with the quarter ended September 30, 2008, the Fixed Charge Coverage Ratio Ratio, for any period of the four consecutive fiscal quarters, in each case taken as one accounting quarter period (commencing with the fiscal quarter ending as of December 31each fiscal quarter end, 2003), shall be greater than or equal to be less than 1.85 (i) 1.15 to 1.01.0 for each fiscal quarter during the fiscal year 2009 and (ii) 1.20 to 1.0 for each fiscal quarter thereafter.
Appears in 3 contracts
Sources: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending September 30, 2018, maintain as of December 31, 2003), to be the end of each fiscal quarter of the Company a Fixed Charge Coverage Ratio of not less than 1.85 1.25 to 1.0. 11.
Appears in 2 contracts
Sources: Note Purchase Agreement (Conifer Holdings, Inc.), Note Purchase Agreement (Conifer Holdings, Inc.)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersRatio, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December the end of each fiscal quarter, shall be greater than or equal to:
(i) From the Effective Date to and including August 31, 2003)1998, 1.10 to be less than 1.85 1.0; and
(ii) From September 1, 1998 and thereafter, 1.20 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio (for any period the Loan Parties on a consolidated basis) of four consecutive fiscal quarters, in each case taken as one accounting period not less than 1.20 to 1.00 (commencing with i) for the fiscal quarter months ending on September 30, 2023, October 31, 2023, and November 30, 2023, as of calculated on a fiscal year-to-date basis, and (ii) for the fiscal month ending on December 31, 2003)2023 and each fiscal month thereafter, to be less than 1.85 to 1.0as calculated for the twelve consecutive fiscal months then ended.
Appears in 2 contracts
Sources: Credit and Security Agreement (1847 Holdings LLC), Credit and Security Agreement (1847 Holdings LLC)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio of Borrower and the Included Subsidiaries on a consolidated basis for any the twelve Fiscal Month period ending at the end of four consecutive fiscal quarters, in each case taken as one accounting period (Fiscal Quarter commencing with the fiscal quarter Fiscal Quarter ending as of December 31, 2003), to 2021 shall not be less than 1.85 1.25 to 1.01.00.
Appears in 2 contracts
Sources: Loan and Security Agreement (XCel Brands, Inc.), Loan and Security Agreement (XCel Brands, Inc.)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersExcept as otherwise set forth in this Section 6.15(b), in each case taken as one accounting period (commencing with the fiscal quarter ending as on or about December 28, 2002 and at the end of December 31each fiscal quarter thereafter, 2003), to the Fixed Charge Coverage Ratio shall not be less than 1.85 to 1.01.75:1.
Appears in 2 contracts
Sources: Term Loan Modification Agreement (Merrimac Industries Inc), Term Loan Modification Agreement (Merrimac Industries Inc)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period Ratio, as of four consecutive fiscal quarters, in the last day of each case taken as one accounting period (commencing with the fiscal quarter of the Consolidated Parties, shall be (i) for fiscal quarters ending as of December 31on or before September 30, 2003)2005, greater than or equal to be less 1.40 to 1.0; and (ii) for fiscal quarters ending thereafter, greater than 1.85 or equal to 1.50 to 1.0.
Appears in 2 contracts
Sources: Term Loan Credit Agreement (U S Restaurant Properties Inc), Credit Agreement (U S Restaurant Properties Inc)
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio as of the end of each Fiscal Quarter for any period of four consecutive fiscal quartersthe Test Period then ended, in each case taken as one accounting period (commencing beginning with the fiscal quarter Fiscal Quarter ending as of December March 31, 2003), to be 2015 of not less than 1.85 (i) 1.25 to 1.01 prior to the payment of any dividend and (ii) 1.0 to 1 after giving effect to any dividends.
Appears in 2 contracts
Sources: Credit and Security Agreement (Manhattan Bridge Capital, Inc), Credit and Security Agreement (Manhattan Bridge Capital, Inc)
Fixed Charge Coverage Ratio. Permit Maintain as of the end of each fiscal quarter, a Fixed Charge Coverage Ratio for any period Quantum and its Subsidiaries, on a consolidated basis, of not less than the ratio set forth below for each four (4) consecutive fiscal quartersquarter period then ended set forth below: Fiscal Quarter Ending Minimum Fixed Charge Coverage Ratio December 31, in 2016 and each case taken as one accounting period (commencing with fiscal quarter ending thereafter through and including the fiscal quarter ending as of September 30, 2017 1.50 to 1.00 December 31, 2003), 2017 and each fiscal quarter ending thereafter 1.25 to be less than 1.85 to 1.0.1.00
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/), Term Loan Credit and Security Agreement (Quantum Corp /De/)
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio of not less than (a) 1.00 to 1.00 for any the four (4) month period ending December 31, 2000, for the seven (7) month period ending March 31, 2001 and for the twelve (12) month period ending June 30, 2001 and (b) thereafter, 1.10 to 1.00 for each rolling period of four (4) consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.0.
Appears in 2 contracts
Sources: Revolving Credit, Term Loan and Security Agreement (PVC Container Corp), Revolving Credit, Term Loan and Security Agreement (PVC Container Corp)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting quarters of Holdings ending during any period (commencing with set forth below shall not be less than the ratio set forth below opposite such period: Periods Ending Ratio Effective Date through and including the last day of the fiscal quarter ending as on or about October 30, 2010 2.25 to 1.00 Thereafter through and including the last day of December 31the fiscal quarter ending on or about October 29, 2003), 2011 2.50 to be less than 1.85 1.00 Thereafter 3.00 to 1.0.1.00
Appears in 2 contracts
Sources: Credit Agreement (J C Penney Co Inc), Credit Agreement (J C Penney Co Inc)
Fixed Charge Coverage Ratio. Permit Permit, for the Fixed Charge Coverage Ratio four consecutive fiscal quarters ending June 30, 1997 and for any each period of four consecutive fiscal quartersquarters ending thereafter, in the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003)the Borrower, to be less than 1.85 1.25 to 1.01.00.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Phycor Inc/Tn), Credit Agreement (Phycor Inc/Tn)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersRatio, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December the end of each fiscal quarter, shall be greater than or equal to: (i) From the Effective Date to and including August 31, 2003)1998, 1.10 to be less than 1.85 1.0; and (ii) From September 1, 1998 and thereafter, 1.20 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Chattem Inc), Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Permit on a consolidated basis the Fixed Charge Coverage Ratio to be less than (i) for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of on or about September 30, 2021, 1.75 to 1.00, and (ii) for the fiscal quarter ending on or about December 31, 2003)2021 and for each fiscal quarter thereafter, 2.00 to 1.00. This ratio will be less than 1.85 to 1.0calculated at the end of each reporting period, using the results of the twelve-month period ending with that reporting period.
Appears in 2 contracts
Sources: Credit Agreement (BJs RESTAURANTS INC), Credit Agreement (BJs RESTAURANTS INC)
Fixed Charge Coverage Ratio. Permit Maintain as of the Fixed Charge Coverage Ratio for any period end of four consecutive each fiscal quarters, in each case taken as one accounting period quarter (commencing with the fiscal quarter ending as of December 31September 30, 20032025), to be a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than 1.85 to 1.01.00: 1.00 for the four (4) consecutive fiscal quarter period then ended.
Appears in 2 contracts
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/), Revolving Credit and Security Agreement (Quantum Corp /De/)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 (a) 1.50 to 1.01.00 at the end of any fiscal quarter-end occurring during the period from and including the Effective Date through and including the fourth fiscal quarter of fiscal year 2009, (b) 1.75 to 1.00 at the end of any fiscal quarter-end occurring during the period from and including the first day of the first fiscal quarter of fiscal year 2010 through and including the second fiscal quarter of fiscal year 2010, and (c) 2.25 to 1.00 at the end of any fiscal quarter thereafter.
Appears in 2 contracts
Sources: Note Purchase Agreement (Spartech Corp), Note Purchase Agreement (Spartech Corp)
Fixed Charge Coverage Ratio. Permit Commencing as of the Fiscal Quarter ended December 31, 2008 and continuing as of each Fiscal Quarter end through Bank Facility Termination, the Borrower shall maintain a minimum Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), no less than 1.25 to 1.00 to be less than 1.85 calculated on a cumulative basis with respect to 1.0each Fiscal Quarter and the most recently ended three (3) preceding Fiscal Quarters on a rolling four (4) Fiscal Quarter basis.
Appears in 2 contracts
Sources: Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc)
Fixed Charge Coverage Ratio. Permit At the Fixed Charge Coverage Ratio for any period end of four consecutive each fiscal quarters, in each case taken as one accounting period (quarter commencing with the fiscal quarter ending as of December March 31, 2003)2014, to be less than 1.85 a Fixed Charge Coverage Ratio of at least 1.50 to 1.0.; and
Appears in 2 contracts
Sources: Loan and Security Agreement (Jive Software, Inc.), Loan Modification Agreement (Jive Software, Inc.)
Fixed Charge Coverage Ratio. Permit As of the end of any fiscal quarter, permit the Fixed Charge Coverage Ratio for any the period of four (4) consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter quarters ending as of December 31, 2003)on such date, to be less than 1.85 or equal to 2.50 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period Ratio, as of four consecutive fiscal quarters, in the last day of each case taken as one accounting period (commencing with the fiscal quarter ending as of the Borrower occurring during the periods indicated below, shall be greater than or equal to the following: Fiscal Quarter Ending Required Ratio September 30, 2005 through December 31, 2003), 2007 1.10 to be less than 1.85 1.00 Thereafter 1.25 to 1.0.1.00
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing x) Commencing with the fiscal quarter ending January 1, 2011, and for each fiscal quarter thereafter up to and including the fiscal quarter ending on or about September 30, 2011, cause to be maintained as of the end of each such fiscal quarter, a Fixed Charge Coverage Ratio of not less than 1.0 to 1.0 and (y) for each fiscal quarter ending on or after the fiscal quarter ending on or about December 31, 2003)2011, to be for the four fiscal quarter period then ended, a Fixed Charge Coverage Ratio of not less than 1.85 1.0 to 1.01.0 for each such four fiscal quarter period.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Presstek Inc /De/)
Fixed Charge Coverage Ratio. Permit the Commencing on June 30, 2015, cause to be maintained, a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in not less than 1.10 to 1.00 as of the last day of each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.0for the four (4) fiscal quarter period then ending.
Appears in 1 contract
Sources: Revolving Credit, Term Loan and Security Agreement (Flotek Industries Inc/Cn/)
Fixed Charge Coverage Ratio. Permit the Maintain at all times a Fixed Charge Coverage Ratio for any period of four consecutive not less than 1.05 to 1.0 as of the end of each fiscal quartersquarter, in each case taken as one accounting period (calculated on a rolling four-quarter basis commencing with the fiscal four-quarter period ending as of December 31September 30, 2003), to be less than 1.85 to 1.01999.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (HMG Worldwide Corp)
Fixed Charge Coverage Ratio. Permit the Maintain at all such times a Fixed Charge Coverage Ratio of not less than (i) .75 to 1.00 for any period of four consecutive the fiscal quartersquarter ending ▇▇▇▇▇ ▇▇, in each case taken as one accounting period ▇▇▇▇ (▇▇) 1.00 to 1.00 for the last two fiscal quarters ending June 30, 2001, (iii) 1.00 to 1.00 for the last three fiscal quarters ending September 30, 2001 and (iv) commencing with the fiscal quarter ending as of December 31, 2003)2001, 1.00 to 1.00, to be less than 1.85 to 1.0tested on a rolling four quarter basis at the end of each fiscal quarter.
Appears in 1 contract
Sources: Revolving Credit, Capital Expenditure Line and Security Agreement (Philipp Brothers Chemicals Inc)
Fixed Charge Coverage Ratio. Permit the Maintain its Fixed Charge Coverage Ratio for any period at not less than (a) 1.10 to 1.00 as of four consecutive fiscal quartersMarch 31, in 2004 and June 30, 2004, and (b) 1.20 to 1.00 as of September 30, 2004 and at each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.0end thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Maintain as of the end of each fiscal quarter a Fixed Charge Coverage Ratio for any the 12-month period ending at the end of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal that quarter ending as of December not less than 1.10 to 1 at March 31, 2003), to be 2006 and of not less than 1.85 1.20 to 1.01 at all times thereafter.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Enpath Medical Inc)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending as September 30, 2008, have a Fixed Charge Coverage Ratio, measured on a fiscal quarter-end basis for the period of December 31four fiscal quarters then ending, 2003), to be of less than 1.85 to 1.0.the required amount set forth in the following table for any fiscal quarter ending during the applicable period set forth opposite thereto:
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Maintain as of the end of each of Borrower's fiscal quarters, a Fixed Charge Coverage Ratio equal to or greater than 1.75 to 1 for any period each of four consecutive Borrower's fiscal quartersquarters ending March 31, in each case taken as one accounting period (commencing with the fiscal quarter ending as of 2001 through December 31, 2003)2001 and 1.5 to 1 for each of Borrower's fiscal quarters ending March 31, to be less than 1.85 to 1.02002 and thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Commencing with the fiscal quarter ending July 31, 2010, cause to be maintained as of the end of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than 1.10 to 1.0, measured on a rolling four (4) quarter basis, provided however that for the first 3 fiscal quarters following the Closing Date the Fixed Charge Coverage Ratio for any period shall be measured from the first day of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as year commencing May 1, 2010 to the end of December 31, 2003), to be less than 1.85 to 1.0such quarter.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Amrep Corp.)
Fixed Charge Coverage Ratio. Permit the A Fixed Charge Coverage Ratio for any period of four consecutive Ratio, measured on a fiscal quarters, in each case taken as one accounting period (year-end basis commencing with the fiscal quarter year ending as of December 31, 2003)2002, to be of not less than 1.85 to 1.01.00:1.00.
(2) Make Capital Expenditures, measured on a fiscal quarter-end basis, in excess of $11,118,000 for the 12-month period ending each fiscal quarter after the date hereof.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersRatio, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31--------------------------- the end of each fiscal quarter, 2003)shall be greater than or equal to:
(i) From the Effective Date to and including November 29, 1999, 1.10 to be less than 1.85 1.0; and
(ii) From November 30, 1999 and thereafter, 1.25 to 1.0.
Appears in 1 contract
Sources: Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Permit At all times during the term hereof the Fixed Charge Coverage Ratio shall not be less than the following:
1.0:1. 0 for any the period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing beginning with the fiscal quarter ending as of on September 30, 2003 and the fiscal quarter ending December 31, 2003)2004;
0.8:1. 0 for the fiscal quarters ending March 31, to be less than 1.85 to 1.02005, June 30, 2005 and September 30, 2005;
0.9:1 0 for the fiscal quarter ending December 31, 2005; and
1.0:1. 0 for each fiscal quarter thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio of not less than 1.0 to 1.0, calculated on a quarterly basis at the end of each Fiscal Quarter for any period of four consecutive fiscal quartersthe immediately preceding 4 Fiscal Quarters, in each case taken as one accounting period (commencing with the fiscal quarter Fiscal Quarter ending as of December 31on September 8, 2003), 2001.
f. By adding the following new Section 10.1.13 to be less than 1.85 to 1.0.the Loan Agreement immediately following Section 10.1.12:
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Alle▇ ▇▇▇up will at the end of each fiscal quarter maintain a Fixed Charge Coverage Ratio Ratio, calculated for any the four quarter period ending with such fiscal quarter, of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be not less than 1.85 2.00 to 1.01.00.
Appears in 1 contract
Sources: Credit Agreement (Allen Group Inc)
Fixed Charge Coverage Ratio. Permit Maintain as of the Fixed Charge Coverage Ratio for any period end of four consecutive each fiscal quarters, in each case taken as one accounting period quarter (commencing with the fiscal quarter ending as of December 31March 31September 30 , 20032025), to be a Fixed Charge Coverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not less than 1.85 to 1.01.00: 1.00 for the four (4) consecutive fiscal quarter period then ended.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Quantum Corp /De/)
Fixed Charge Coverage Ratio. Permit As of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2020, the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to shall not be less than 1.85 1.20 to 1.01.00. The Fixed Charge Coverage Ratio shall be measured quarterly on a rolling four quarter basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for at any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), time to be less than 1.85 to 1.01.10:1.00 for the four consecutive fiscal quarters ending on January 31, April 30, July 31 and October 31 of each year commencing with January 31, 1996.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit As of December 31, 2001, and as of the last day of each Fiscal Quarter thereafter, for the period equal to the four (4) consecutive Fiscal Quarters then ending, the Borrower and its Subsidiaries shall maintain a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), greater than or equal to be less than 1.85 1.25 to 1.01.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio Ratio, to be measured as of the end of each quarter for any the periods described below, of not less than:
(i) 1.25 to 1.0 for the three consecutive fiscal quarter period of ending March 31, 2000; and
(ii) 1.25 to 1.0 for the four consecutive fiscal quartersquarter period ending on June 30, in each case taken as one accounting period (commencing with 2000, and for the four consecutive fiscal quarter period ending as of December 31, 2003), to be less than 1.85 to 1.0on each fiscal quarter thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Have at the end of each of the fiscal quarters ending April 4, 1998, July 4, 1998 and October 3, 1998 a year-to-date Fixed Charge Ratio as of the end of the applicable fiscal quarter equal to or greater than 1.25 to 1. Have at the end of each other fiscal quarter within the Original Term, a Fixed Charge Coverage Ratio for any period of four the twelve consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), months then ended equal to be less or greater than 1.85 1.25 to 1.01.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Maintain as of each fiscal quarter end, commencing on June 30, 2001, a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be not less than 1.85 to 1.01.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersRatio, in each case taken as one accounting period (commencing with the fiscal quarter ending calculated as of December 31the last day of each fiscal quarter, 2003), shall be greater than or equal to be less than 1.85 (i) 1.20 to 1.01.00 from the Closing Date through and including the Second Quarter of 2013 and (ii) 1.30 to 1.00 from the Third Quarter of 2013 and thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Permit, for the four consecutive fiscal quarters ending March 31, 1998 and for each four consecutive fiscal quarters ending thereafter, the Consolidated Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersthe Borrower and its Subsidiaries, in calculated at the end of each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003)the Borrower, to be less than 1.85 for each such period, 4.75 to 1.01.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit (i) for each quarterly period beginning with the quarterly period ending December 31, 2009 through and including the quarterly period ending December 31, 2010, a Fixed Charge Coverage Ratio of not less than 1.25:1.00; and (ii) for any each quarterly period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing beginning with the fiscal quarter quarterly period ending March 31, 2011 and as of December 31the last day of each quarterly period thereafter, 2003), to be a Fixed Charge Coverage Ratio of not less than 1.85 to 1.01.50:1.00.
Appears in 1 contract
Sources: Loan and Security Agreement (Telecommunication Systems Inc /Fa/)
Fixed Charge Coverage Ratio. Permit Cause to be maintained as of the Fixed Charge Coverage Ratio for any period end of four consecutive each fiscal quartersquarter, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31June 30, 2003)2000, on a rolling twelve (12) month basis, a Fixed Charge Ratio equal to be less or greater than 1.85 1.05 to 1.0.
Appears in 1 contract
Sources: Consignment Agreement (Semx Corp)
Fixed Charge Coverage Ratio. Permit Cause to be maintained as of the end of each fiscal quarter, beginning on September 30, 2010, a Fixed Charge Coverage Ratio of not less than 1.15 to 1.0. The Fixed Charge Coverage Ratio is calculated as of the last day of each fiscal quarter for any the period of equal to the four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.0quarters then ending.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Sparton Corp)
Fixed Charge Coverage Ratio. Permit The actual Fixed Charge Coverage Ratio for the period of four Fiscal Quarters most recently ended (the “Reported Period”) is: to 1.0 the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), is required to be not less than 1.85 than: 1.2 to 1.0.
Appears in 1 contract
Sources: Credit Agreement (Superior Offshore International Inc.)
Fixed Charge Coverage Ratio. Permit As of the end of each fiscal quarter for the four fiscal quarters then ended, the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to shall not be less than 1.85 to 1.01.50:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Company and its Subsidiaries shall maintain at all times a Fixed Charge Coverage Ratio Ratio, calculated on a trailing four quarters basis, of not less than: .935 to 1.0 for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of September 30, 2001, 1.02 to 1.0 for the fiscal quarter ending December 31, 2003), 2001 and 1.0625 to be less than 1.85 to 1.01.0 for all fiscal quarters thereafter.
Appears in 1 contract
Sources: Note and Warrant Purchase Agreement (Perma Fix Environmental Services Inc)
Fixed Charge Coverage Ratio. Permit As of the end of each fiscal quarter, there shall be maintained a Fixed Charge Coverage Ratio for any period of four consecutive at least: For fiscal quartersquarters ending prior to May 31, in each case taken as one accounting period (commencing with 1996 1.5:1.0 From the fiscal quarter ending as of December May 31, 2003)1996 through the fiscal quarter ending February 28, to be less than 1.85 to 1.0.1998 1.25:1.0 For fiscal quarters ending after February 28, 1998 1.5:1.0
Appears in 1 contract
Sources: Credit Agreement (Heilig Meyers Co)
Fixed Charge Coverage Ratio. Permit Commencing with the Fiscal Quarter ending September 30, 2017, maintain a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersat least 1.0:1.0, in each case taken as one accounting period (commencing with the fiscal quarter ending determined as of December 31, 2003), to be less than 1.85 to 1.0the last day of each Fiscal Quarter for the trailing four quarter period then ended.
Appears in 1 contract
Sources: Loan and Security Agreement (Wireless Telecom Group Inc)
Fixed Charge Coverage Ratio. Permit the At each fiscal quarter end occurring on and after September 30, 1997, have a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), greater than or equal to be less than 1.85 to 1.01.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersRatio, in each case taken as one accounting period (commencing with the fiscal quarter ending calculated as of December 31the last day of each fiscal quarter, 2003), shall be greater than or equal to be less than 1.85 (i) 1.25 to 1.01.00 from the Second Amendment Effective Date through and including the Fourth Quarter of 2015 and (ii) 1.30 to 1.00 from the First Quarter of 2016 and thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Cause to be maintained a Fixed Charge Coverage Ratio Ratio, measured as of the end of each fiscal quarter for the trailing twelve (12) fiscal month period, (i) of not less than 1.10 to 1.0 for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as in 2011 and (ii) of December 31, 2003), to be not less than 1.85 1.20 to 1.01.0 for any fiscal quarter ending thereafter.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (UniTek Global Services, Inc.)
Fixed Charge Coverage Ratio. Permit As of the end of each Fiscal Quarter ending after the Closing Date, commencing with the Fiscal Quarter ending December 31, 2013, the Fixed Charge Coverage Ratio for any period of the trailing four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter Fiscal Quarters then ending as of December 31, 2003), shall equal or exceed 1.25 to be less than 1.85 to 1.01.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending June 30, 2023, and each fiscal quarter thereafter, the Borrower will maintain, on a consolidated basis, calculated as of December 31the last day of each fiscal quarter, 2003), to be a Fixed Charge Coverage Ratio of not less than 1.85 to 1.01.20 : 1.00, measured on a trailing twelve-month basis.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio of at least (i) 0.85:1.00 for any the six (6) months ending as of June 30, 2022, (ii) 1.10:1.00 for the nine (9) months ending as of September 30, 2022, and (iii) 1.10:1.00 for the four (4) fiscal quarter period ending as of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.02022 and for each four (4) fiscal quarter period ending as of the last day of each fiscal quarter thereafter.”
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Mammoth Energy Services, Inc.)
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in at each case taken as one accounting period (commencing with the fiscal quarter end of not less than 1.05:1.00 for (i) the two fiscal quarters ending as of December 31June 30, 2003), to be less than 1.85 to 1.0(ii) the three fiscal quarters ending September 30, 2003, and (iii) thereafter, the four fiscal quarters then ended.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Comforce Corp)
Fixed Charge Coverage Ratio. Permit With respect to the fiscal quarters ending on the dates set forth below, maintain a Fixed Charge Charged Coverage Ratio for any period of four consecutive in a proportion not less than that set forth below opposite each such fiscal quartersquarter: Fiscal Quarter Ratio June 30, in each case taken as one accounting period (commencing with the fiscal quarter ending as of 2000 > 1.15 to 1.00 - September 30, 2000 > 1.40 to 1.00 - December 31, 2003)2000 > 1.65 to 1.00 - March 31, 2001 and each fiscal quarter thereafter > 1.75 to be less than 1.85 to 1.0.1.00 -
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio Ratio, calculated for any period of four consecutive fiscal quarters, in each case taken as one accounting period the Fiscal Quarter (commencing with or Fiscal Month) just ended and the fiscal quarter ending as of December 31, 2003immediately preceding three Fiscal Quarters (or 11 Fiscal Months), will be equal to be less or greater than 1.85 1.4 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending June 30, 2006 and as of December 31the end of each fiscal quarter thereafter, 2003), cause to be maintained, a Fixed Charge Coverage Ratio of not less than 1.85 1.1 to 1.0.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Compudyne Corp)
Fixed Charge Coverage Ratio. Permit the Have a Fixed Charge Coverage Ratio Ratio, measured on a quarter-end basis, of at least (i) 1.20:1.00 for any the 12 month period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31the end of each fiscal quarter if Borrowers’ Average Availability during such fiscal quarter was greater than 12% of the Maximum Revolver Amount, 2003), to be or (ii) 1.05:1.00 for the 12 month period ending as of the end of each fiscal quarter if Borrowers’ Average Availability during such fiscal quarter was less than 1.85 or equal to 1.012% of the Maximum Revolver Amount.”
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio as of the end of each Fiscal Quarter for any the period of four consecutive fiscal quarters(4) Fiscal Quarters then ended, in each case taken as one accounting period (commencing with the fiscal quarter first Fiscal Quarter ending as of on December 31, 2003)2018 and for each Fiscal Quarter thereafter, to be less than 1.85 to 1.01.20:1.00.
Appears in 1 contract
Sources: Credit Agreement (HCI Group, Inc.)
Fixed Charge Coverage Ratio. Permit Permit, for the Fixed Charge Coverage Ratio four consecutive fiscal quarters ending September 30, 1996 and for any each period of four consecutive fiscal quartersquarters ending thereafter, in the Consolidated Fixed Charge Coverage Ratio of the Borrower and its Subsidiaries, calculated at the end of each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003)the Borrower, to be less than 1.85 1.25 to 1.01.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Commencing with Company’s fiscal quarter ended September 2015 and for each fiscal quarter thereafter, permit the Fixed Charge Coverage Ratio for any period as of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the last day of the fiscal quarter ending as of December 31, 2003)then ended, to be less than 1.85 1.25 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit (1) For the fiscal quarters ending August 31, 2003, and November 30, 2003, a Fixed Charge Coverage Ratio of not less than 1.10:1.0, measured on a fiscal quarter-end basis, (2) for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as February 29, 2004, a Fixed Charge Coverage Ratio of December not less than 1.20:1.0, measured on a fiscal quarter-end basis, and (3) for the fiscal quarter ending May 31, 2003)2004, to be and for each fiscal quarter ending thereafter, a Fixed Charge Coverage Ratio of not less than 1.85 to 1.0.1.25:1.0;
Appears in 1 contract
Sources: Loan and Security Agreement (California Amplifier Inc)
Fixed Charge Coverage Ratio. Permit the Have a Fixed Charge Coverage Ratio for any period Ratio, measured on a trailing four fiscal quarter basis, as of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the end of the fiscal quarter ending ended immediately preceding the Commencement Date and as of December 31the end of each fiscal quarter ended during such Financial Covenant Period, 2003)of at least the required ratio set forth in the following table for the applicable period set forth opposite thereto:
1.1 1.0 For the 12 month period ending April 4, to be less than 1.85 to 1.0.2011 and for each 12 month period ended as of the end of each fiscal quarter thereafter
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Commencing with the Fiscal Quarter ending June 26, 2015, maintain at all times a Fixed Charge Coverage Ratio Ratio, on a consolidated basis, equal to or greater than the following ratios for any period the following periods, reported at the end of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), Fiscal Quarter: 6/26/15 through and including 9/30/15 > 0.45 to be less than 1.85 1.00 10/01/15 through and including 1/01/16 > 0.75 to 1.0.1.00 1/02/16 through and including 4/01/16 > 1.00 to 1.00 4/02/16 through and including 7/01/16 > 1.10 to 1.00 7/2/16 and thereafter > 1.25 to 1.00
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 (a) 1.50 to 1.01.00 at the end of any fiscal quarter-end occurring during the period from and including the Third Amendment Closing Date through and including the fourth fiscal quarter of fiscal year 2009, (b) 1.75 to 1.00 at the end of any fiscal quarter-end occurring during the period from and including the first day of the first fiscal quarter of fiscal year 2010 through and including the second fiscal quarter of fiscal year 2010, and (c) 2.25 to 1.00 at the end of any fiscal quarter thereafter.
Appears in 1 contract
Sources: Fourth Amended and Restated Credit Agreement (Spartech Corp)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio shall be greater than or equal to 1.0 to 1, determined as of the end of any Fiscal Quarter for any period of the four consecutive fiscal quartersmost recently ended Fiscal Quarters, in each case taken as one accounting period (commencing beginning with the fiscal quarter ending as of December 31Fiscal Quarter beginning on January 1, 2003), to be less than 1.85 to 1.02021.
Appears in 1 contract
Sources: Loan and Security Agreement (AquaBounty Technologies, Inc.)
Fixed Charge Coverage Ratio. Permit the Maintain quarterly a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersnot less than 1.25 to 1.00, in each case taken measured as one accounting period (follows: commencing with the fiscal quarter ending June 30, 2005, as of December 31, 2003), to be less than 1.85 to 1.0each fiscal quarter on a trailing four quarter basis.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Input Output Inc)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period Ratio, as of four consecutive the last day of each fiscal quartersquarter of the Credit Parties, in each case taken as one accounting period (commencing beginning with the fiscal quarter ending as of December 31, 2003)2008, shall be greater than or equal to be less than 1.85 (i) 1.00 to 1.01.00 for the fiscal quarter ending December 31, 2008, and (ii) 1.25 to 1.00 for the fiscal quarter ending March 31, 2009, and each fiscal quarter thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Beginning with Computation Period relating to the Fiscal Quarter ending on March 31, 2008 and thereafter for each Computation Period relating to each Fiscal Quarter ending thereafter, not permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending calculated as of December 31, 2003), the last day of each Fiscal Quarter) to be less than 1.85 to 1.01.00:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit As measured on the last day of each fiscal quarter during the Term, the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersshall not be less than the following: September 30, in each case taken as one accounting period (commencing with the fiscal quarter ending as of 2005 0.84:1.00 December 31, 2003)2005 0.92:1.00 March 31, to be less than 1.85 to 1.0.2006 0.96:1.00 June 30, 2006 and at each fiscal quarter end thereafter 1.09:1.00”
Appears in 1 contract
Sources: Term Loan and Security Agreement (Easy Gardener Products LTD)
Fixed Charge Coverage Ratio. Permit Commencing with the fiscal month ending November 4, 2023 and as of the end of each fiscal month thereafter have a Fixed Charge Coverage Ratio Ratio, measured on a fiscal month-end basis for any period of four the immediately preceding twelve (12) consecutive fiscal quartersmonths, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be not less than 1.85 1.00 to 1.01.00.”
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in at least 1.15 to 1.00 at the end of each case taken as one accounting period (Fiscal Quarter commencing with the fiscal quarter Fiscal Quarter ending as of December 31September 30, 2003), to be less than 1.85 to 1.02010.
Appears in 1 contract
Sources: Loan and Security Agreement (South Texas Supply Company, Inc.)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period Fiscal Quarters ending after the Effective Date and (commencing with i) (A) prior to the fiscal quarter ending as last day of December 31, 2003)the third Fiscal Quarter of Fiscal Year 1999 or (B) after the last day of Fiscal Year 1999, to be less than 1.85 1.1 to 1.01.0 or (ii) on the last day of the third Fiscal Quarter of Fiscal Year 1999 to be less than .6 to 1 (iii) or on the last day of Fiscal Year 1999, to be less than .5 to 1.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Have a Fixed Charge Coverage Ratio Ratio, measured on a quarter-end basis, of at least (i) 1.20:1.00 for any the 12 month period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31the end of each fiscal quarter if Borrowers’ Average Availability during such fiscal quarter was greater than $15,000,000, 2003), to be or (ii) 1.05:1.00 for the 12 month period ending as of the end of each fiscal quarter if Borrowers’ Average Availability during such fiscal quarter was less than 1.85 or equal to 1.0$15,000,000.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Have a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersRatio, in each case taken as one accounting period measured on a quarter-end basis (commencing beginning with the fiscal quarter ending as of December 31September 30, 20032018), of at least 1.50 to be less than 1.85 to 1.01.00 for the four fiscal quarter period then ending.
Appears in 1 contract
Sources: Credit Agreement (AerSale Corp)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending January 31, 2012, have a Fixed Charge Coverage Ratio, measured on a quarter-end basis, of at least 1.33:1.00 for each 12 month period ending as of December 31, 2003), to be less than 1.85 to 1.0the end of each fiscal quarter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 1.10 to 1.01.00, measured as of (a) November 30, 2010, for the fiscal quarter then most recently ended; (b) February 28, 2011, for the two fiscal quarter period then most recently ended; (c) May 31, 2011, for the three fiscal quarter period then most recently ended; (d) August 31, 2011 and as of the last day of each fiscal quarter thereafter, for the four fiscal quarter period then most recently ended.
Appears in 1 contract
Sources: Preferred Stock and Warrant Purchase Agreement (NYTEX Energy Holdings, Inc.)
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending July 31, 2012, cause to be maintained as of December the end of each fiscal quarter, a Fixed Charge Coverage Ratio of not less than (i) .70 to 1.00 for the quarter ending July 31, 2003)2012 and (ii) 1.10 to 1.0 for each quarter end thereafter, to be less than 1.85 to 1.0in each case measured on a rolling four (4) quarter basis.
Appears in 1 contract
Sources: Revolving Credit and Security Agreement (Amrep Corp.)
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period Ratio, as of four consecutive the last day of each fiscal quarters, in each case taken as one accounting period (quarter of the Consolidated Parties commencing with the fiscal quarter ending as of on December 31, 2003)2001, shall be greater than or equal to be less than 1.85 1.5 to 1.0.
Appears in 1 contract
Sources: Loan Agreement (Aaipharma Inc)
Fixed Charge Coverage Ratio. Permit Beginning with the fiscal quarter ending September 30, 2012, and at all times thereafter, the Fixed Charge Coverage Ratio may not at any time be less than 1.25 to 1.00. The Fixed Charge Coverage Ratio shall be calculated and tested quarterly for any the four fiscal-quarter period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.0the last day of each fiscal quarter of Borrower.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Guarantor and its Subsidiaries will maintain a Fixed Charge Coverage Ratio of not less than (a) 1.50 to 1.00 for any period the fiscal quarter ending as of four consecutive fiscal quartersSeptember 30, in each case taken as one accounting period 2004 and (commencing with b) 1.40 to 1.00 for the fiscal quarter ending as of December 31, 2003), to be less than 1.85 to 1.02004.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing Commencing with the fiscal quarter ending June 30, 1999 and at all times thereafter, maintain a Fixed Charge Coverage Ratio of not less than 1.20 to 1.00, tested as of December 31, 2003), to be less than 1.85 to 1.0the last day of each of the Borrower's fiscal quarters for the four (4) quarter period ending on that date.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio for at the end of any period of four consecutive fiscal quartersquarter, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31September 30, 2003)2010, to be less than 1.85 to 1.01.25:1.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit At any time permit the Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), quarters to be less than 1.85 1.20 to 1.01.00 for the four fiscal quarters ended on March 31, 2000 and for the four fiscal quarters ended on the last day of any fiscal quarter occurring thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period of four consecutive fiscal quarters, in each case taken as one accounting quarters of Holdings ending during any period (commencing with set forth below shall not be less than the ratio set forth below opposite such period: Effective Date through and including the last day of the fiscal quarter ending as of December 31on or about October 29, 2003), 2011 2.50 to be less than 1.85 1.00 Thereafter 3.00 to 1.0.1.00
Appears in 1 contract
Sources: Credit Agreement (J C Penney Co Inc)
Fixed Charge Coverage Ratio. Permit Commencing with the Fiscal Quarter ending December 31, 2014, maintain at all times a Fixed Charge Coverage Ratio Ratio, on a consolidated basis, equal to or greater than the following ratios for any period the following periods, reported at the end of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December 31, 2003), Fiscal Quarter” 12/26/2014 through and including 3/26/15 > 1.00 to be less than 1.85 1.00 3/27/2015 through and including 6/25/2015 > 1.15 to 1.0.1.00 6/26/2015 and thereafter > 1.25 to 1.00
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Maintain, on a Consolidated basis, (i) as of the end of its fiscal quarter ending June 28, 2003, for the twelve-month period ending on such date, a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersnot less than 0.75 to 1.00, in and (ii) as of the end of each case taken as one accounting period (commencing with the fiscal quarter thereafter, for the twelve-month period ending as on such date, a Fixed Charge Coverage Ratio of December 31, 2003), to be not less than 1.85 1.10 to 1.01.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period Ratio, as of four consecutive the end of each fiscal quartersquarter, in each case taken as one accounting period (commencing with the fiscal quarter ending as of December May 31, 2003)2007, shall be greater than or equal to be less than 1.85 2.0 to 1.0.
Appears in 1 contract
Sources: Credit Agreement (Chattem Inc)
Fixed Charge Coverage Ratio. Permit the Maintain a Fixed Charge Coverage Ratio of not less than:
(i) 90 to 1.0 for any period of the four consecutive fiscal quartersquarter periods ending on September 30, in each case taken as one accounting period 1997;
(commencing with ii) 1.0 to 1.0 for the four consecutive fiscal quarter periods ending as of on December 31, 2003)1997;
(iii) 1.0 to 1.0 for the four consecutive fiscal quarter periods ending on March 31, 1998; and
(iv) 1.50 to be less than 1.85 to 1.01.0 for each four consecutive fiscal quarter periods ending thereafter.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit With respect to any period of four consecutive fiscal quarters ending on or prior to March 31, 2007, permit the Fixed Charge Coverage Ratio for any such period to be less than 1.30 to 1.00 and with respect to each period of four consecutive fiscal quarters, in each case taken as one accounting period (commencing with the fiscal quarter ending as last day of December which occurs after March 31, 2003)2007, permit the Fixed Charge Coverage Ratio for any such period to be less than 1.85 1.40 to 1.01.00.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit the The Fixed Charge Coverage Ratio for any period Ratio, as of four consecutive fiscal quarters, in the last day of each case taken as one accounting period (commencing with the fiscal quarter of the Consolidated Parties, shall be (i) for fiscal quarters ending as of on or before December 31, 2003), greater than or equal to be less 1.35 to 1.0; (ii) for fiscal quarters ending on or before December 31, 2004, greater than 1.85 or equal to 1.45 to 1.0 and (iii) for fiscal quarters ending thereafter, greater than or equal to 1.55 to 1.0.
Appears in 1 contract
Fixed Charge Coverage Ratio. Permit Maintain, as of the end of each fiscal quarter, a Fixed Charge Coverage Ratio for any period of four consecutive fiscal quartersnot less than the following amounts during the periods specified below: September 30, in each case taken as one accounting period (commencing with the fiscal quarter ending as of 1999 through December 30, 1999 1.50 to 1.0 December 31, 2003)1999 through March 30, 2000 1.75 to be less than 1.85 1.0 March 31, 2000 and thereafter 2.00 to 1.0.
Appears in 1 contract
Sources: Revolving Credit Agreement (Meadowbrook Insurance Group Inc)