Common use of Asset Coverage Ratio of Preferred Shares Clause in Contracts

Asset Coverage Ratio of Preferred Shares. (represents the value of the Total Assets less liabilities and indebtedness not represented by Senior Notes, Loans and preferred shares at the end of the period divided by Senior Notes, Loans and preferred shares outstanding at the end of the period)

Appears in 2 contracts

Samples: Credit Agreement (Tortoise Energy Capital Corp), Credit Agreement (Tortoise Energy Infrastructure Corp)

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Asset Coverage Ratio of Preferred Shares. (represents the value of the Total Assets less liabilities and indebtedness not represented by Senior Notes, Loans and preferred shares at the end of the period divided by Senior Notes, Loans and preferred shares outstanding at the end of the period)) Percentage of Total Assets ___________%

Appears in 2 contracts

Samples: Credit Agreement (Tortoise North American Energy Corp), Credit Agreement (Tortoise Capital Resources Corp)

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