Fixed Charge Coverage. Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (for the four most recent fiscal quarters) of at least 1.4 to 1.0. As used in this Agreement, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends, and extraordinary items) plus Fixed Charges by (b)
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Sources: Credit Agreement (United Grocers Inc /Or/), Credit Agreement (United Grocers Inc /Or/)
Fixed Charge Coverage. The Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (Ratio measured as of the end of each fiscal quarter for the previous four most recent consecutive fiscal quarters) quarters of at least 1.4 2.00 to 1.0. As used in this Agreement, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends, and extraordinary items) plus Fixed Charges by (b)1.00.
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Sources: Loan Agreement (Renal Care Group Inc), Loan Agreement (Renal Care Group Inc)
Fixed Charge Coverage. Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (for the four most recent fiscal quarters) Ratio of at least 1.4 to 1.0. As used in this Agreement1.25:1.00 for the previous four consecutive fiscal quarters through the fiscal quarter ending December 31, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends1996, and extraordinary items) plus Fixed Charges by (b)of at least 1.50:1.00 thereafter.
Appears in 2 contracts
Sources: Loan Agreement (Response Oncology Inc), Loan Agreement (Seafield Capital Corp)
Fixed Charge Coverage. Borrower shall maintain on a consolidated basis a ratio of minimum Fixed Charge Coverage (Ratio calculated for the four most recent each fiscal quarters) quarter on a rolling quarter average of at least 1.4 to 1.0. As used in this Agreement, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends, and extraordinary items) plus Fixed Charges by (b)not less than 1.
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Fixed Charge Coverage. As of the end of each of its fiscal quarters, the Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (for the four most recent fiscal quarters) Ratio of at least 1.4 not less than 1.35 to 1.0. As used in this Agreement, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends, and extraordinary items) plus Fixed Charges by (b)1.00.
Appears in 1 contract
Sources: Loan Agreement (Birner Dental Management Services Inc)
Fixed Charge Coverage. Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (Ratio measured as of the end of each fiscal quarter for the previous four most recent consecutive fiscal quarters) quarters of at least 1.4 to 1.0. As used in this Agreement, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends, and extraordinary items) plus Fixed Charges by (b)2.00:1.00.
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Fixed Charge Coverage. Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (for the four most recent fiscal quarters) ratio of at least 1.4 not less than 1.5 to 1.0. As used in this Agreement, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends, and extraordinary items) plus Fixed Charges by (b)1.0 to be calculated quarterly on a rolling quarterly basis.
Appears in 1 contract
Sources: Commercial Loan Agreement (Neutral Posture Ergonomics Inc)
Fixed Charge Coverage. Borrower shall maintain on a consolidated basis a ratio of Fixed Charge Coverage (Ratio measured as of the end of each fiscal quarter for the previous four most recent consecutive fiscal quarters) quarters of at least 1.4 to 1.0. As used in this Agreement1.75:1.00 for each fiscal quarter ending through December 31, "Fixed Charge Coverage" means for any period the ratio derived by dividing (a) the sum of net income for such period (before income taxes, patronage dividends1997, and extraordinary items) plus Fixed Charges by (b)2.00:1.00 as of each quarter-end thereafter.
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