Buffalo Wild Wings 2012 Annual Report Download - page 58

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58
months, reset at the end of the selected interest period, plus 0.875%, if our consolidated total leverage ratio is less than or
equal to 0.50 to 1.00, or plus 1.125% if our consolidated total leverage ratio is greater than or equal to .51 to 1.00.
There is a commitment fee on the average unused portion of the facility at a rate per annum equal to 0.15%, if our
consolidated total leverage ratio is less than or equal to 0.50, or 0.20% if our consolidated total leverage ratio is greater than
or equal to 0.51.
The Credit Agreement requires us to maintain (a) consolidated coverage ratio as of the end of each fiscal quarter at no
less than 2.50 to 1.00, (b) consolidated total leverage ratio as of the end of each fiscal quarter at no more than 2.00 to 1.00
and (c) minimum EBITDA during any consecutive four quarter period at no less than $100,000,000. The Credit Agreement
also contains other customary affirmative and negative covenants, including covenants that restrict the right of the Company
and its subsidiaries to merge, to lease, sell or otherwise dispose of assets, to make investments and to grant liens on their
assets.