(i) Consolidated EBITDA for such four-quarter period
Consolidated Fixed Charge Coverage Ratio ((Line A.9. – Line B.3.) ÷ Line C.6.): to 1.00
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
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”.
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.”
the Consolidated Fixed Charge Coverage Ratio would be equal to or greater than the Consolidated Fixed Charge Coverage Ratio immediately prior to such transaction or the ratio of Indebtedness of Holdings and the Restricted Subsidiaries to Consolidated Tangible Net Worth of Holdings would be equal to or less than the ratio immediately prior to such transaction.
RE: Side Letter in Respect of Series J Equity Issuance and Calculation of Fixed Charge Coverage Ratio
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