Fixed Charge Coverage

Fixed Charge Coverage. Shall mean and include, with respect to any fiscal period, the ratio of; (a) EBITDA, minus capital expenditures (calculated on a cash basis) made during such period (except for any capital expenditures made after June 1, 2000 up to an aggregate amount of $6,400,000), and minus the amount of federal, state and local taxes actually paid, to (b) all cash actually expended by Company to make (i) interest ... payments on any advances made by the Lender to the Company, plus, (ii) scheduled principal payments on the term loan extended to the Company by the Lender, plus, (iii) payments for all fees, commissions and charges with respect to any advances made by the Lender to the Company, plus (iv) capitalized lease payments, plus (v) all consignment fees, premium charges, purchase price and other amounts paid by the Company to FPM under this Agreement; plus (vi) payments with respect to any other indebtedness for borrowed money, and plus (viii) any dividends paid to the holders of the Series B Preferred Stock during such period. View More

Fixed Charge Coverage. Means as of any date, EBITDA LESS the sum of (a) principal payments on Permitted Indebtedness, (b) unfinanced Capital Expenditures, (c) cash payments of Contingent Consideration, (d) reductions in the Borrowers' reserves for bad debt, and (e) collections with respect to accounts receivable charged off in prior periods, in each case, for the calendar year-to-date period ending on such date on a consolidated basis.

Fixed Charge Coverage. The Company's fixed charge coverage, as calculated in accordance with generally acceptable accounting standards and measured as of the last quarter of the Performance Period annualized