Fixed Charges Coverage Ratio definition
Fixed Charges Coverage Ratio means, at any time, the ratio of (a) Consolidated Income Available for Fixed Charges for the period of four consecutive fiscal quarters ending as of the most recent fiscal quarter ended prior to such time to (b) Consolidated Fixed Charges for such period.
Fixed Charges Coverage Ratio means the ratio (rounded to two decimal places) determined as at the last day of the most recent fiscal quarter of Borrower of (a) EBITDA for the four fiscal quarter period ended on the last day of such fiscal quarter, to (b) Fixed Charges determined as at the last day of such fiscal quarter.
Fixed Charges Coverage Ratio means as of the date determination, the ratio of: (a) EBITDA minus Capital Expenditures for the twelve (12) month period ending on such date, divided by (b) Fixed Charges for the same period.
Examples of Fixed Charges Coverage Ratio in a sentence
Holdings shall not permit the Fixed Charges Coverage Ratio as of the end of any Fiscal Quarter to be less than 1.75 to 1.00.
The Company shall not permit the Fixed Charges Coverage Ratio as of the end of any fiscal quarter to be less than 1.75 to 1.00.
The Company shall not permit the Fixed Charges Coverage Ratio, calculated as of the end of each fiscal quarter for the period equal to the four (4) consecutive fiscal quarters then ended, to be less than 1.50 to 1.00.
At the end of each Fiscal Quarter, the Consolidated Fixed Charges Coverage Ratio shall not be less than 1.75 to 1.0.
Permit the Consolidated Fixed Charges Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 2.0:1.0.
More Definitions of Fixed Charges Coverage Ratio
Fixed Charges Coverage Ratio means the ratio of Annualized Operating Cash Flow to Fixed Charges.
Fixed Charges Coverage Ratio means, at any time, the ratio of (a) Consolidated Income Available for Fixed Charges for the period of four consecutive fiscal quarters ending on, or most recently ended prior to, such time to (b) Fixed Charges for such period of four consecutive fiscal quarters.
Fixed Charges Coverage Ratio means, for any Computation Period, the ratio of (a) the total for such Computation Period of EBITDA to (b) the total for such Computation Period of Fixed Charges.
Fixed Charges Coverage Ratio means the ratio of (x) consolidated operating income to (y) interest costs, excluding interests costs of Finance Leasing Subsidiaries.
Fixed Charges Coverage Ratio means, as of the end of any Fiscal Quarter, the ratio of:
Fixed Charges Coverage Ratio has the meaning set forth in Section 6.05(b).
Fixed Charges Coverage Ratio means, for any Measurement Period, the ratio of (a) Consolidated EBITDA for such Measurement Period plus Lease Rentals for such Measurement Period to (b) Fixed Charges for such Measurement Period.