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Fixed Charge Coverage Ratio
Fixed Charge Coverage Ratio contract clause examples

Fixed Charge Coverage Ratio. Maintain a Fixed Charge Coverage Ratio of not less than 1.25 to 1 as tested quarterly on a trailing twelve-month basis, starting December 31, 2019.

Fixed Charge Coverage Ratio. Have a Fixed Charge Coverage Ratio, measured on a quarter-end basis, of not less than the applicable ratio set forth in the following table for the applicable date set forth opposite thereto:

SECTION # Maintenance of Fixed Charge Coverage Ratio. Maintain the Fixed Charge Coverage Ratio, determined as of the end of each of its fiscal quarters ending on and after September 30, 2023, of not less than the applicable ratio set forth in the grid below:

Fixed Charge Coverage Ratio not at any time less than 1.75 to 1.00, to be tested at the end of each fiscal quarter.

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.

Minimum Fixed Charge Coverage Ratio. Commencing with the fiscal month ending January 31, 2019, permit the Fixed Charge Coverage Ratio, measured as of the last day of each Test Period ending on the last day of each fiscal month for which financial statements are required to be delivered pursuant to Section 5.1, to be less than 1.00 to 1.00.”

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