Fixed Charge Coverage Ratio

Fixed Charge Coverage Ratio. Means EBITDA (as determined in accordance with GAAP) for the related Test Period, divided by the Fixed Charges for such Test Period

Fixed Charge Coverage Ratio. Means, with respect to the Company and its Subsidiaries for any period, the ratio of (i) EBITDA for such period, minus (a) non-financed Capital Expenditures made (to the extent not already incurred in a prior period) or incurred during such period, and (b) cash taxes paid during such period, to the extent greater than zero, to (ii) Fixed Charges for such period.

Fixed Charge Coverage Ratio. Shall mean, with respect Borrower and its Subsidiaries, measured monthly, the ratio of (A) the EBITDA of Borrower and its Subsidiaries during the twelve (12) months immediately preceding the determination date with respect to the calculation of the Fixed Charge Coverage Ratio to (B) Fixed Charges of Borrower and its Subsidiaries for such twelve (12) month period.

Fixed Charge Coverage Ratio. Shall mean the ratio of (i) EBITDA minus cash dividends (excluding cash dividends paid by one Co-Borrower to another Co-Borrower) minus income taxes for such period minus expenditures for capital assets to (ii) the sum of interest expense plus current maturities of long-term debt plus the current portion of Capital Lease Obligations all determined on a consolidated basis in accordance with GAAP consistently applied; provided, however, that for purposes of... calculating the Fixed Charge Coverage Ratio, there shall be excluded from both the numerator and the denominator the effects that loans and other financing transactions have on the Co-Borrowers results of operations to the extent such loans and financing transactions relate to financing provided by the Co-Borrowers to or on behalf of its franchisees. View More

Fixed Charge Coverage Ratio. Means the ratio of (a) the sum of (i) the greater of (A) 10% of the aggregate amount of statutory capital and surplus of each Insurance Subsidiary as of the most recently ended calendar year (determined without duplication in accordance with SAP) or (B) the aggregate net income earned by each Insurance Subsidiary for the most recently ended four Fiscal Quarters (determined without duplication in accordance with SAP), PLUS (ii) cash on hand at the Borrower at the end of the most recently ended... Fiscal Quarter, PLUS (iii) the aggregate net income of each Subsidiary (other than Insurance Subsidiaries) for the most recently ended four Fiscal Quarters (determined without duplication in accordance with GAAP) to (b) the sum of (i) interest payments on the Borrower's Consolidated Indebtedness for the most recent four quarters, PLUS (ii) scheduled principal amortization payments on the Borrower's Consolidated Indebtedness for the four Fiscal Quarters following the date of determination. View More

Fixed Charge Coverage Ratio. For any period shall mean the ratio of (A) EBITDA of Huffy and its Subsidiaries for such period to (B) Fixed Charges of Huffy and its Subsidiaries for such period.

Fixed Charge Coverage Ratio. On the last day of any quarter of any fiscal year of the Guarantor means the ratio for the period of four fiscal quarters ending on such day of earnings to combined fixed charges and preferred stock dividends referred to in Paragraph (d)(1) of Item 503 of Regulation S-K of the Securities and Exchange Commission, as amended from time to time, and determined pursuant to Instructions to paragraph 503(d) of such Item 503 with the Guarantor as "registrant" (such ratio for the four fiscal quarters... ended December 31, 2002 is attached hereto as Exhibit A); provided, however, that if the Security Trustee in its reasonable discretion determines that amendments to Regulation S-K subsequent to the date hereof substantially modify the provisions of such Item 503, "Fixed Charge Coverage Ratio" shall have the meaning determined by this definition without regard to any such amendments. View More

Fixed Charge Coverage Ratio. Shall mean, with respect to the Borrower, the ratio of (i) EBITDA less taxes paid to (ii) current maturities of long term debt plus interest expense.

Fixed Charge Coverage Ratio. Means as to Borrowers for any period of determination thereof the ratio of (a) the sum of (i) EBITDA, plus (ii) operating lease payments (including rent), minus (iii) cash taxes, minus (iv) dividends, minus (v) share repurchases to (b) Fixed Charges.

Fixed Charge Coverage Ratio. Shall mean, for any fiscal period, the ratio which (A) the sum of (i) EBITDAR for such period plus (ii) the sum (without duplication) of (a) any dividends paid in respect of Redeemable Preferred Stock during such period, plus (b) any payments made or accrued during such period (howsoever denominated or construed) in respect of any TECONS in such period, regardless of maturity or the timing of any redemption or repurchase rights granted in regard thereto (the foregoing herein... called "TECONS Payments"), bears to (B) the sum (without duplication), for the same such period, of: (i) any dividends paid in respect to Redeemable Preferred Stock, plus (ii) that portion of any TECONS Payments actually paid in cash; plus (iii) operating lease expense; plus (iv) interest expense; plus (v) all payments made (including payments made in settlement of existing obligations or claims) under, or in respect of, interest rate "hedge," "swap," "collar" or similar arrangements, whether now or hereafter existing, including, but not limited to, those expressly permitted to exist under clause (ix) of Section 5.21; in each case, for the Borrower and its Consolidated Subsidiaries for the same such period; all as determined under GAAP. View More