Parent covenants and agrees that, until the termination of all of the Commitments and the payment in full of the Obligations, Parent and its Restricted Subsidiaries will maintain a Fixed Charge Coverage Ratio, calculated for each 12 month period ending on the first day of any Covenant Testing Period and the last day of each fiscal month occurring on or before the end of any Covenant Testing Period, in each case of at least 1.00 to 1.00.

Each Borrower covenants and agrees that, until the termination of all of the Commitments and the payment in full of the Obligations, Parent and its Restricted Subsidiaries will maintain aduring any Covenant Testing Period, the Loan Parties shall not permit the Fixed Charge Coverage Ratio, calculated for each 12 month period ending onas of the firstlast day of any fiscal month during such Covenant Testing Period and the last day of each fiscal month occurring on or before the end offor any Covenant TestingMeasurement Period, in each case of at leastto be less than 1.0010 to 1.00.

Fixed Charge Coverage Ratio. During any Covenant Testing Period, ​ will cause to be maintained, as of all of the Commitments and the payment in full of the Obligations, Parent and its Restricted Subsidiaries will maintaineach Fixed Charge Coverage Test Date, a Fixed Charge Coverage Ratio, calculatedRatio as of the twelve (12) month period then ended of not less than 1.0 to 1.0; provided that for each 12 monthany testing of the Fixed Charge Coverage Ratio for any period ending on or prior to ​, such test shall be for the first day of any Covenant Testing Periodperiod commencing on ​ and ending on the last day of each fiscal month occurring on or before the end of any Covenant Testing Period, in each case of at least 1.00 to 1.00.applicable month.