Fixed Charge Coverage Ratio

Customer’s “Fixed Charge Coverage Ratio” shall at all times exceed ? to 1. For purposes hereof, “Fixed Charge Coverage Ratio” shall mean the ratio of: (a) income before interest (including payments in the nature of interest under capital leases), taxes, depreciation, amortization, and other non-cash charges, to (b) the sum of the aggregate principal and interest paid or accrued, the aggregate rental under capital leases paid or accrued, any dividends and other distributions paid or payable to shareholders, and taxes paid in cash; all as  set forth in Customer’s regular  financial statements prepared in accordance with GAAP.