Example ContractsClausesfixed charge coverageVariants
Remove:

Consolidated Fixed Charge Coverage Ratio” means, as of any date of determination, the ratio of # Adjusted Consolidated EBITDA for the Measurement Period ending on such date, to # Fixed Charges for such Measurement Period.

Consolidated Fixed Charge Coverage Ratio” means, as ofmeans with respect to any date of determination, the ratio of # Consolidated Adjusted Consolidated EBITDA for the Measurementmost recently ended Test Period ending on such date, to # Consolidated Fixed Charges for such MeasurementTest Period.

"Consolidated Fixed Charge Coverage Ratio” means, as of any date of determination,Ratio" means the ratioratio, determined on a Consolidated basis for the Company and its Domestic Subsidiaries for the most recent Measurement Period, of # Adjusted Consolidated EBITDA for the Measurement Period ending on such date,minus Consolidated Capital Expenditures to # Consolidated Fixed Charges for such Measurement Period.Charges.

Consolidated Fixed Charge Coverage Ratio” means, as of any date of determination, the ratio of # Adjusted Consolidated EBITDA for the Measurement Periodperiod of the four fiscal quarters most recently ending on such date,date to # Fixed Charges for the period of the four fiscal quarters most recently ending on such Measurement Period.date.

Consolidated Fixed Charge Coverage Ratiomeans, as ofmeans with respect to the and its consolidated Subsidiaries for any date of determination,period, the ratio of # Adjustedthe sum of # Consolidated EBITDA for such period minus # the Measurement Period endingportion of taxes based on income actually paid in cash (net of any cash refunds received) during such date,period minus # non-financed cash Consolidated Capital Expenditures to # Consolidated Fixed Charges for such Measurement Period.period.

Consolidated Fixed Charge Coverage Ratio” means, as offor any date of determination,Test Period, the ratio of # Adjusted(a) (i) Consolidated EBITDA for such period, minus # Capital Expenditures made during such period and not financed with the Measurement Period ending onproceeds of Indebtedness, minus # Cash Taxes during such date,period to # FixedDebt Service Charges of or by the and its Restricted Subsidiaries on a Consolidated basis for such Measurement Period.the most recently completed Test Period in accordance with GAAP.

Consolidated Fixed Charge Coverage Ratio” means, as ofat any date of determination, the ratio of # Adjusted(a) (i) Consolidated EBITDA for the Measurement Period endingmost recent period of four consecutive fiscal quarters for which Required Financial Statements have been delivered, calculated on a Pro Forma Basis, minus # Unfinanced Capital Expenditures made in such date,period minus # the aggregate amount of Federal, state, local and foreign income taxes paid in cash in such period to # Fixedthe sum of # Debt Service Charges for such Measurement Period.period plus # the aggregate amount of all Restricted Payments paid in cash, in each case, of or by the Parent Borrower and its Restricted Subsidiaries for such period, all as determined on a consolidated basis in accordance with GAAP.

Consolidated Fixed Charge Coverage Ratiomeans, as ofshall mean, with respect to any date of determination,Test Period, the ratio of # Adjusted Consolidated EBITDA of Lead Borrower and its Restricted Subsidiaries for the Measurementsuch Test Period ending on such date, to # Consolidated Fixed Charges for such Measurement Period.Test Period, in each case, calculated on a Pro Forma Basis.

Consolidated Fixed Charge Coverage Ratio” means, as at the last day of any datefiscal quarter of determination,, the ratio of (a) (i) Consolidated Adjusted EBITDA minus # Adjusted Consolidated EBITDACapital Expenditures minus # expense for taxes paid in cash, in each case for the Measurement Periodfour consecutive fiscal quarters ending on such date,day to # Fixed Charges forCharges; provided that any calculation of the above ratio following any acquisition or disposition made during the four-quarter period covered by such Measurement Period.calculation, by purchase, sale or otherwise, of all or substantially all of the business or assets of, any Person or of any line of business of any Person shall be determined on a pro forma basis without duplication as if such acquisition or disposition had occurred on the first day of the relevant period and any savings associated with such acquisition or disposition had been achieved beginning on the first day of the relevant period.

Consolidated Fixed Charge Coverage Ratio” means, asRatio: means the ratio, determined on a Consolidated basis for Borrowers and their Domestic Subsidiaries (excluding Foreign Subsidiaries) on the last day of any datea Fiscal Quarter, based upon the most recent Measurement Period, of determination, the ratio of # Adjusted(a) Consolidated EBITDA forminus Capital Expenditures (other than Capital Expenditures financed with Debt other than the Measurement Period ending on such date,Loans) to #(b) Consolidated Fixed Charges for such Measurement Period.Charges.

Load more...
Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.