Fixed Charge Coverage Ratio

Fixed Charge Coverage Ratio. For any period of four consecutive fiscal quarters of the Loan Parties, the ratio of (i) the sum of EBITDA for of the Applicable Parties for such period plus, without duplication, to the extent included in the calculation of EBITDA of the Applicable Parties, (w) the amount of any losses recorded from the disposition of assets as part of the liquidation of FriendCo pursuant to the Workout Documents, and (x) solely with respect to 9 the fiscal year ending September 30, 2001,... to the extent that any restructuring expenses and/or restructuring fees paid during such year in connection with the execution and delivery of the Workout Documents are deducted for the purpose of calculating EBITDA, the amount of such restructuring expenses and restructuring fees, provided that the amount added pursuant to this clause (x) shall not exceed $4,000,000.00, plus (y) to the extent deducted for the purposes of calculating EBITDA, Lease Expense of the Applicable Parties for such period, us (z) to the extent deducted for the purposes of calculating EBITDA, Extension Condition Payments (as defined in the GAFCO Third Amendment to Credit Agreement) made during the applicable period, to (ii) Fixed Charges of the Applicable Parties for such period. For the purposes of this definition, the "Applicable Party" is (1) DavCo for the purpose of determining the Fixed Charge Coverage Ratio of DavCo and (2) Holdings and all of its subsidiaries for the purpose of determining the Fixed Charge Coverage Ratio of the Holdings on a consolidated basis. View More

Fixed Charge Coverage Ratio. Means the ratio of the following for the applicable measurement period: (a) the sum of (i) EBITDA minus (ii) unfunded cash capital expenditures to (b) Interest Expense, plus principal payments payable on Funded Debt, plus lease payments due on all Capital Leases for the applicable measurement period, plus taxes paid during the measurement period, plus cash dividends (all calculated without duplication).

Fixed Charge Coverage Ratio. Means for any four fiscal quarter period the ratio of (a) Consolidated Adjusted EBITDAR to (b) the sum, without duplication, of (i) Consolidated Interest Charges, (ii) Consolidated Rental Expense, (iii) the amount by which all distributions from the Borrower to the Parent during such period exceeded purchases of the capital stock of the Parent made by the Parent during such period which did not violate the provisions of Section 7.05(d), and (iv) the total amount of all principal payments of... Indebtedness of the Borrower scheduled to occur during such period. * * * View More

Fixed Charge Coverage Ratio. Means with respect to Borrower and its Subsidiaries, for any period, the ratio of (a) EBITDA minus: the total of: (i) Non-Financed Capital Expenditures, (ii) Tax Expense, (iii) dividends or distributions declared or made by Borrower or its Subsidiaries, and (iv) refunds of customer deposits, to (b) the payments of all Indebtedness (including without limitation all Capitalized Lease Obligations and Interest Expense).

Fixed Charge Coverage Ratio. Means the ratio of (i) EBITDA, less capital expenditures, to (ii) Fixed Charges.

Fixed Charge Coverage Ratio. Means, for the immediately preceding fiscal quarter, the ratio of any Person's (i) Consolidated Adjusted EBITDA for the most recently ending fiscal quarter of each such Person to (ii) Fixed Charges for such period, determined in each case in accordance with GAAP.

Fixed Charge Coverage Ratio. The ratio of (i) Operating Cash Flow, to (ii) Total Fixed Charges.

Fixed Charge Coverage Ratio. Shall mean, with respect to any period, the ratio of (a) the amount equal to EBITDA of any Person and its Subsidiaries, on a consolidated basis, for such period, to (b) the Fixed Charges of such Person and its Subsidiaries, on a consolidated basis, for such period.

Fixed Charge Coverage Ratio. With respect to any Person for any period, the ratio of (i) Consolidated EBITDAR of such Person and its Subsidiaries for such period to (ii) the sum of (A) Consolidated Net Interest Expense of such Person and its Subsidiaries for such period, plus (B) all amounts paid or payable by such Person and its Subsidiaries on Operating Lease Obligations having a scheduled due date during such period as reflected in such Person's financial statements.

Fixed Charge Coverage Ratio. ‘Fixed Charge Coverage Ratio' means, for any period, the ratio of (a) the sum of (i) Consolidated EBITDA for such period and (ii) Operating Lease Payments for such period to (b) the sum for such period of (i) Consolidated Interest Expense, (ii) Operating Lease Payments, (iii) Capital Lease Principal Payments, and (iv) ordinary course dividends paid during such period by the Borrower to holders of Equity Interests in the Borrower pursuant to Section 6.08(a)(v) or (vi).'