Annual Debt Service Cover Ratio. Failure by the Borrower to meet the Annual Debt Service Cover Ratio as provided for in Clause 17.1 (Annual Debt Service Cover Ratio), unless waived by the Majority Lenders.
Appears in 4 contracts
Samples: Project Financing Facility Agreement, Project Financing Facility Agreement (Mercer International Inc.), Project Financing Facility Agreement (Mercer International Inc.)
Annual Debt Service Cover Ratio. Failure by the Borrower to meet the Annual Debt Service Cover Ratio as provided for in Clause 17.1 15.1 (Annual Debt Service Cover Ratio), unless waived by the Majority Lenders.
Appears in 2 contracts
Samples: Project Financing Agreement (Mercer International Inc.), Project Financing Agreement (Mercer International Inc.)