Common use of Debt Service Coverage Ratio Clause in Contracts

Debt Service Coverage Ratio. Borrower shall not permit its Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Bluegreen Vacations Corp), Loan and Security Agreement (Bluegreen Corp)

AutoNDA by SimpleDocs

Debt Service Coverage Ratio. Borrower shall The Company will not permit its the Debt Service Coverage Ratio to be less than 1.10 1.25 to 1.00 1.0 as measured on of the last day of each calendar quarterfiscal quarter of the Company.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Universal Health Realty Income Trust), Credit Agreement (Universal Health Realty Income Trust)

Debt Service Coverage Ratio. Borrower shall not permit its the Debt Service Coverage Ratio as of the last day of any Fiscal Quarter, beginning with the Fiscal Quarter ending December 31, 2014, to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter1.75:1.00.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement, Credit and Guaranty Agreement (TerraForm Power, Inc.)

Debt Service Coverage Ratio. The Borrower shall not permit its Debt Service Coverage Ratio to be less than 1.10 the ratio of 1.35 to 1.00 1.00, such Debt Service Coverage Ratio being measured quarterly, on a trailing twelve (12) month basis, as measured on of the last final day of each calendar quarterfiscal quarter of the Borrower.

Appears in 2 contracts

Samples: And Restated Loan Agreement (Cybex International Inc), Credit Agreement (Cybex International Inc)

Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 Ratio, in each case as measured on of the last day of each calendar quarterTest Period, to be less than 1.25 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (PDL Biopharma, Inc.), Credit Agreement (PDL Biopharma, Inc.)

Debt Service Coverage Ratio. Borrower shall not Not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on the last day of each calendar quarterFiscal Quarter to be less than 3.50 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp)

Debt Service Coverage Ratio. Borrower shall not permit its Permit the Debt Service Coverage Ratio to be less than 1.10 to 1.00 1.50:1.00 as measured on of the last day of each calendar any fiscal quarter.

Appears in 2 contracts

Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)

Debt Service Coverage Ratio. Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as Ratio, measured on the last day of each calendar quarterfiscal quarter of Borrower for the four fiscal quarters then ended, beginning with the fiscal quarter ending June 30, 2016, to be less than 1.25 to 1.

Appears in 1 contract

Samples: Credit Agreement (Koss Corp)

Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio Ratio, in each case as of the last day of any fiscal quarter, to be less than 1.10 1.25 to 1.00 as measured on the last day of each calendar quarter1.00.

Appears in 1 contract

Samples: Collateral Agreement (PDL Biopharma, Inc.)

Debt Service Coverage Ratio. Borrower shall not permit its the Debt Service Coverage Ratio Ratio, as of the last day of any fiscal quarter of the Companies to be less than 1.10 1.50 to 1.00 as measured on the last day of each calendar quarter1.00.

Appears in 1 contract

Samples: Credit Agreement (Red Lion Hotels CORP)

Debt Service Coverage Ratio. Borrower shall will not at any time, permit its the Debt Service Coverage Ratio to be less than 1.10 1 to 1.00 1 measured as measured on of the last day of each calendar quarter.

Appears in 1 contract

Samples: Rubicon Financial Inc

Debt Service Coverage Ratio. Borrower shall not permit its permit, as of the last day of each fiscal quarter of Borrower, the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter1.75:1.0.

Appears in 1 contract

Samples: Loan Agreement (Vertical Capital Income Fund)

Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured Ratio, determined for any period of four consecutive fiscal quarters ending on the last day of each calendar any fiscal quarter, to be less than 2.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Neogen Corp)

Debt Service Coverage Ratio. The Borrower shall not permit its the Debt Service Coverage Ratio to be less than 1.10 1.2 to 1.00 1 as measured on of the last day of each calendar quarterany fiscal quarter of the Borrower, which last day occurs after the Servicing Conversion Date.

Appears in 1 contract

Samples: Credit Agreement (Harbourton Financial Services L P)

AutoNDA by SimpleDocs

Debt Service Coverage Ratio. Borrower shall will not permit its Debt Service Coverage Ratio to be less than 1.10 1.25 to 1.00 1.0 as measured on of the last day of each calendar quarterany fiscal quarter of Borrower ending on or after September 30, 2006.

Appears in 1 contract

Samples: Loan Agreement (United Fuel & Energy Corp)

Debt Service Coverage Ratio. Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on of the last day of each calendar quarterfiscal quarter of Borrower to be less than 1.75 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Prime Medical Services Inc /Tx/)

Debt Service Coverage Ratio. The Borrower shall will not permit its Debt Service Coverage Ratio to be less than 1.10 1.75 to 1.00 as measured on of the last day of any Fiscal Quarter, beginning with the second full Fiscal Quarter ending after the Project Construction Completion Date, calculated for the four consecutive Fiscal Quarter period ending on each calendar quartersuch date.

Appears in 1 contract

Samples: Credit Agreement (Pico Holdings Inc /New)

Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio as of the last day of any fiscal quarter to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter1.00.

Appears in 1 contract

Samples: Credit Agreement (Greenbacker Renewable Energy Co LLC)

Debt Service Coverage Ratio. Borrower shall The Borrowers will not permit its the --------------------------- Debt Service Coverage Ratio to be less than 1.10 to 1.00 1 as measured on of the last day of each calendar any fiscal quarter.

Appears in 1 contract

Samples: Credit Agreement (Mediacom Broadband Corp)

Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 Ratio, determined as measured on of the last day of each calendar quarterfiscal quarter beginning with the fiscal quarter ending March 31, 2019, for the four fiscal quarters then ended, to be less than 1.25 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Saia Inc)

Debt Service Coverage Ratio. Borrower shall will not permit its Debt Service Coverage Ratio Ratio, measured as of the end of each Calendar Quarter, to be less than 1.10 2.00 to 1.00 as measured on 1.00. For this purpose, the last day of each calendar quarter.following definitions apply:

Appears in 1 contract

Samples: Notice of Final Agreement (Friedman Industries Inc)

Debt Service Coverage Ratio. The Borrower shall not permit its Debt Service Coverage Ratio to be less than 1.10 the ratio of 1.20 to 1.00 1.0, such Debt Service Coverage Ratio being measured quarterly, on a trailing twelve (12) month basis, as measured on of the last final day of each calendar fiscal quarter.

Appears in 1 contract

Samples: Credit Agreement (Cybex International Inc)

Debt Service Coverage Ratio. Borrower shall not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured 1.25:1.00 on the last day of each calendar quartermonth through and including the date of termination of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Learncom Inc /Nv/)

Time is Money Join Law Insider Premium to draft better contracts faster.