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Fixed Charge Coverage Ratio
Fixed Charge Coverage Ratio contract clause examples
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“Fixed Charge Coverage Ratio Calculation Date” shall have the meaning ascribed to such term in the definition of “Fixed Charge Coverage Ratio

§9.2 Minimum Fixed Charge Coverage Ratio. The Fixed Charge Ratio shall not be less than 1.50 to 1.0.

Section # Fixed Charge Coverage Ratio

Fixed Charge Coverage Ratio means, when determined, the ratio of:

6A(2).Fixed Charge Coverage Ratio. The ratio of Adjusted EBITDA to Fixed Charges to be less than 1.50 to 1.00 at the end of any fiscal quarter.

immediately after giving effect to such transaction on a pro forma basis, Holdings could incur $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set forth Section 9.7(a) (the “Fixed Charge Coverage Test”); and

“repayment” has the meaning specified in the definition of “Consolidated Fixed Charge Coverage Ratio”.

Transaction Date” has the meaning specified in the definition of “Consolidated Fixed Charge Coverage Ratio”.

As of the Compliance Test Date shown above, the Fixed Charge Coverage Ratio is ​ to 1.00

Four Quarter Period” has the meaning specified in the definition of “Consolidated Fixed Charge Coverage Ratio”.

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