Common use of Fixed Charges Coverage Ratio Clause in Contracts

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than (a) with respect to the fiscal quarter of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 to 1.00.

Appears in 3 contracts

Sources: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio [to be less than (a) with respect to the]as of the last day of each fiscal quarter [of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 2.00]ending after the Fourth Amendment Effective Date to be less than 2.50 to 1.00.

Appears in 3 contracts

Sources: Note Purchase Agreement, Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc)

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Charges Coverage Ratio (calculated as of the end of each fiscal quarter) to be less than (a) with respect to the fiscal quarter of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 1.50 to 1.00.

Appears in 2 contracts

Sources: Note Purchase Agreement (Evans Bob Farms Inc), Note Purchase Agreement (Evans Bob Farms Inc)

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Charges Coverage Ratio to be less than (a) with respect 2.25 to 1.00, determined at the end of each quarterly fiscal period of the Company for the four fiscal quarter period ending on such date of determination, taken as a single accounting period; provided, however, that the foregoing covenant shall be suspended and shall not apply for the quarterly fiscal periods of the Company ending December during the 2009 and 2010 fiscal years, but shall apply for all quarterly fiscal periods ending on and after March 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 to 1.002011.

Appears in 1 contract

Sources: Second Amended and Restated Note Purchase and Shelf Agreement (Nn Inc)

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio [to be less than (a) with respect to the]as of the last day of each fiscal quarter [of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through and including December 31, 2015, 1.75 to 1.00, and (b) for each fiscal quarter ending thereafter, 2.00 2.00]ending after the Seventh Amendment Effective Date to be less than 2.50 to 1.00.

Appears in 1 contract

Sources: Note Purchase Agreement (Aaron's Inc)

Fixed Charges Coverage Ratio. The Company will not permit the Consolidated Fixed Charge Coverage Ratio to be less than (ai) with respect 1.75 to the fiscal quarter of the Company ending December 31, 2014 and each fiscal quarter of the Company ending thereafter through 1.00 at any time prior to and including December 31September 30, 2015, 1.75 to 1.002002, and (bii) for each fiscal quarter ending thereafter, 2.00 to 1.001.00 at any time thereafter.

Appears in 1 contract

Sources: Note Purchase Agreement (Aaron Rents Inc)

Fixed Charges Coverage Ratio. The Company will not at any time permit the Consolidated Fixed Charge Charges Coverage Ratio to be less than (a) with respect to than: During each of the second, third and fourth fiscal quarter of 2003 2.00 to 1.00 During the Company ending December 31, 2014 first fiscal quarter of 2004 2.25 to 1.00 During the second fiscal quarter of 2004 and each fiscal quarter thereafter 2.50 to 1.00 Section 2.12. Section 10.4 of the Company ending thereafter through Original Note Purchase Agreement shall be and including December 31, 2015, 1.75 to 1.00, is hereby amended in its entirety and (b) for each fiscal quarter ending thereafter, 2.00 to 1.00.restated as follows:

Appears in 1 contract

Sources: Note Purchase Agreement (Teletech Holdings Inc)