Fixed Charge Coverage Ratio. Permit the Fixed Charge Coverage Ratio of the Parent and its Subsidiaries for any period of 12 consecutive fiscal months of the Parent and its Subsidiaries for which the last month ends on the last day of each fiscal quarter to be less than # 0.80.65:1.00 for each fiscal quarter beginning with the fiscal quarter ending December 31, 2019 through the fiscal quarter ending March 31, 2020, # 0.950.63:1.00 for the fiscal quarter ending June 30, 2020, # 1.000.61:1.00 for the fiscal quarter ending September 30, 2020, and # 1.05:1.00 0.70:1.00 for the fiscal quarter ending December 31, 2020, # 0.75:1.00 for the fiscal quarter ending March 31, 2021, # 0.82:1.00 for the fiscal quarter ending June 30, 2021, # 0.81:1.00 for the fiscal quarter ending September 30, 2021, and # 1.00:1.00 for each fiscal quarter beginning with the fiscal quarter ending December 31, 20202021 and for each fiscal quarter thereafter.
Fixed Charge Coverage Ratio. The Borrower will not permit the Fixed Charge Coverage Ratio, for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter, to be less than 1.15 to 1.00.
Fixed Charge Coverage Ratio. The Fixed Charge Coverage Ratio, as of the end of each fiscal quarter of the Combined Parties, shall be greater than or equal to 1.5 to 1.0.
Fixed Charge Coverage Ratio. During any Covenant Testing Trigger Period, the Borrowers will not permit the Fixed Charge Coverage Ratio to be less than 1.0 to 1.0 when measured, on a trailing twelve month basis, as of the last day of: # the last fiscal month immediately preceding the occurrence of such Covenant Testing Trigger Period for which financial statements have been (or should have been) delivered to the Administrative Agent pursuant to [clause (a), (b) or (c) of Section 5.01], and # each fiscal month for which financial statements have been (or should have been) delivered to the Administrative Agent pursuant to [clause (a), (b) or (c) of Section 5.01] during such Covenant Testing Trigger Period.
Fixed Charge Coverage Ratio. Permit, for any Test Period, the ratio of Total Adjusted EBITDA for such period to Total Debt Service for such period to be less than 1.50 to 1.00. Solely for the purpose of calculating the ratio in this clause (f), Total Adjusted EBITDA # shall include cash flow distributions (other than distributions in respect of capital transactions) from Unconsolidated Entities (“Unconsolidated Entity Operating Cash Flow”), and # shall be increased by the amounts excluded pursuant to clauses (iv), (v) and (vi) of the definition of the term “Total Adjusted EBITDA”.
Minimum Fixed Charge Coverage Ratio. Permit the ratio of Adjusted Consolidated EBITDA to Consolidated Fixed Charges to be less than 1.50:1.00 as of the last day of each fiscal quarter of the Borrower for the period of four full fiscal quarters then ended to be less than # for the period ending on the last day of the fiscal quarter immediately preceding the fiscal quarter during which the Covenant Waiver Period Termination Date occurs (i.e., [[Unknown Identifier]] if no early election), 1.05 to 1.00, # for the period ending on the last day of the fiscal quarter during which the Covenant Waiver Period Termination Date occurs (i.e., [[Unknown Identifier]] if no early election), 1.25:1.00, and # for each period thereafter, 1.50:1.00.
Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed Charge Coverage Ratio as at the end of any Measurement Period to be less than 1.50 : 1.00.
Minimum Fixed Charge Coverage Ratio. Maintain at all times a Fixed Charge Coverage Ratio of not less than 1.50:1.0.
Minimum Fixed Charge Coverage Ratio. Permit the ratio of Combined EBITDA to Fixed Charges for any fiscal quarter to be less than 1.50:1.00 as of the last day of such fiscal quarter of the REIT.
Minimum Consolidated Fixed Charge Coverage Ratio. The Borrower shall not permit, beginning with the Fiscal Quarter ending on or about June 27, 2021, the ratio of # Consolidated EBITDAR minus # taxes based on income of the Borrower and its Subsidiaries on a consolidated basis paid in Cash and # Consolidated Maintenance Capital Expenditures for any four Fiscal Quarter period to # Consolidated Fixed Charges for any four Fiscal Quarter period (the “Consolidated Fixed Charge Coverage Ratio”) to be less than 1.25:1.00. Notwithstanding the foregoing, # the covenant in this [Section 8.6(a)] shall not be tested as of the end of the Fiscal Quarters ending on or about June 28, 2020, September 27, 2020, December 27, 2020 and March
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