Annual Debt Service Cover Ratio. The Borrower shall ensure that the Annual Debt Service Cover Ratio does not fall below 110 per cent. in the period from 31 December 2011 to 31 December 2013 and 120 per cent. at any time thereafter.
Appears in 4 contracts
Samples: Project Financing Facility Agreement, Project Financing Agreement (Mercer International Inc.), Project Financing Facility Agreement (Mercer International Inc.)
