Common use of Asset Coverage Ratio Clause in Contracts

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.

Appears in 36 contracts

Samples: Pledge and Security Agreement (THL Credit, Inc.), Secured Revolving Credit Agreement (Sierra Income Corp), Senior Secured Credit Agreement (Ares Capital Corp)

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Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 1.50 to 1 at any time.

Appears in 35 contracts

Samples: Senior Secured Credit Agreement (Blackstone Private Credit Fund), Senior Secured Credit Agreement (Blackstone Secured Lending Fund), Senior Secured Credit Agreement (Blue Owl Technology Income Corp.)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 2.25 to 1 at any time.

Appears in 15 contracts

Samples: Senior Secured Revolving Credit Agreement (Medley Capital Corp), Term Loan Credit Agreement (Medley Capital Corp), Senior Secured Term Loan Credit Agreement (THL Credit, Inc.)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 2.10 to 1 at any time.

Appears in 6 contracts

Samples: Secured Revolving Credit Agreement (Fifth Street Finance Corp.), Senior Secured Revolving Credit Agreement (Medley Capital Corp), Senior Secured Term Loan Credit Agreement (Medley Capital Corp)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 1.00 at any time.

Appears in 6 contracts

Samples: Senior Secured Credit Agreement (FS Energy & Power Fund), Senior Secured Credit Agreement (FS Energy & Power Fund), Senior Secured Credit Agreement (FS Energy & Power Fund)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 2.252.10 to 1 at any time.

Appears in 5 contracts

Samples: Senior Secured Revolving Credit Agreement (Medley Capital Corp), Senior Secured Term Loan Credit Agreement (Medley Capital Corp), Secured Revolving Credit Agreement (THL Credit, Inc.)

Asset Coverage Ratio. The Such Borrower will not permit the its Asset Coverage Ratio to be less than 2.00 to 1 1.00 at any time.

Appears in 4 contracts

Samples: Senior Secured (FS Investment Corp II), Senior Secured (FS Investment Corp III), Senior Secured Revolving Credit Agreement (Corporate Capital Trust, Inc.)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 1.50 to 1 at any time, calculated in accordance with U.S. GAAP.

Appears in 3 contracts

Samples: Senior Secured Credit Agreement (SLR Investment Corp.), Form Of (SLR Investment Corp.), Senior Secured Credit Agreement (Solar Capital Ltd.)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time, calculated in accordance with U.S. GAAP.

Appears in 2 contracts

Samples: Senior Secured Credit Agreement (Solar Capital Ltd.), Secured Credit Agreement (Solar Capital Ltd.)

Asset Coverage Ratio. The Borrower will not not, at any time, permit the Asset Coverage Ratio to be less than 2.00 2.5 to 1 at any time1.0.

Appears in 2 contracts

Samples: Credit Agreement (Comstock Resources Inc), Credit Agreement (Comstock Oil & Gas, LP)

Asset Coverage Ratio. The Borrower will shall not permit the Asset Coverage Ratio to be less than 2.00 to 1 1.75:1.00 at any time.

Appears in 2 contracts

Samples: Security Agreement (Virtus Investment Partners, Inc.), Credit Agreement (Virtus Investment Partners, Inc.)

Asset Coverage Ratio. The Borrower will shall not permit the Asset Coverage Ratio at any time to be less than 2.00 1.50 to 1 at any time1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (K-Sea Transportation Partners Lp)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.1. 108

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Alcentra Capital Corp)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 21.0065 to 1 at any time.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (THL Credit, Inc.)

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Asset Coverage Ratio. The Borrower will shall not permit the Asset Coverage Ratio to be less than 2.00 to 1 1.00 at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Credit Suisse Park View BDC, Inc.)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time1.75 : 1.00.”

Appears in 1 contract

Samples: Credit Agreement (Stellus Capital Investment Corp)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 2.00: 1.00 at any time.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Stellus Capital Investment Corp)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 1.50 to 1 at any time.. 144 [[60787996351539]]

Appears in 1 contract

Samples: Credit Agreement (Blackstone Secured Lending Fund)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.”

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capitala Finance Corp.)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 3.5 to 1 at any time.

Appears in 1 contract

Samples: Credit Agreement (Fifth Street Finance Corp)

Asset Coverage Ratio. The Borrower will not permit the its Asset Coverage Ratio to be less than 2.00 1.5 to 1 at any time1.0.

Appears in 1 contract

Samples: Credit Agreement (Cabot Oil & Gas Corp)

Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 2.001.80 to 1 11.00 at any time.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capitala Finance Corp.)

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