o C. [[Organization A:Organization]] shall maintain a Fixed Charge Coverage Ratio of not less than [.] to 1.00 measured quarterly on a trailing twelve month basis, commencing with the period ending .
SECTION # Consolidated Fixed Charge Coverage Ratio. Commencing as of the end of the first Fiscal Quarter after the first date that the Used Commitment is equal to or greater than
Calculation Date shall mean the date on which the event for which the calculation of the Fixed Charge Coverage Ratio or the Consolidated Secured Leverage Ratio, as applicable, shall occur.
Amended Definitions. The definitions of "Consolidated", "Consolidated Capital Expenditures", "Consolidated EBITDA", "Consolidated Fixed Charge Coverage Ratio", "Consolidated Fixed Charges", "Consolidated Interest Charges" and "Consolidated Net Income" set forth in [Section 1.01] of the Credit Agreement are hereby amended in their entirety and restated as follows:
$8,250,000 and continuing as of each Fiscal Quarter ending thereafter, the Borrower and its Consolidated Subsidiaries shall maintain a Consolidated Fixed Charge Coverage Ratio of not less than 1.20 to 1.
#Section 1.1 of the Loan Agreement is amended to delete the definitions of Excess Cash Flow, Fixed Charge Coverage Ratio and Funded Debt in their entirety and replace them with the following:
Notwithstanding anything to the contrary herein, financial ratios, tests and covenants, including the Leverage Ratio and the Fixed Charge Coverage Ratio shall be calculated in the manner prescribed by this Section 1.9.
"Fixed Charge Coverage Ratio" shall mean # EBITDAR minus cash taxes, cash dividends, cash distributions and Maintenance Capital Expenditures divided by # the sum of all required principal payments (on short and long term debt and capital leases), interest and rental or lease expense.
Coverage. Denali shall maintain, at its own cost, the following insurance coverages:
Fixed Charge Coverage Ratio means, at any date, the ratio of # Cash Conversion Metric to # Fixed Charges, all calculated for the period of twelve consecutive calendar months ended on such date (or, if such date is not the last day of a calendar month, ended on the last day of the calendar month most recently ended prior to such date).
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