Common use of Asset Coverage Ratio Clause in Contracts

Asset Coverage Ratio. Borrower shall maintain at all times a ratio of Borrower’s unrestricted cash maintained in accounts at Bank plus the amount of all Eligible Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank of at least 1.50 to 1.00.

Asset Coverage Ratio. Borrower shall maintain at all times a ratio of Borrower’s unrestricted cash maintained in accounts at Bank plus the amount of all Eligible Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank of at least 1.50 1.35 to 1.00.

Asset Coverage Ratio. Borrower Borrowers shall maintain at all times a ratio of Borrower’s Borrowers’ unrestricted cash maintained in accounts at Bank plus the amount of all Eligible Export-Related Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank with respect to the EXIM Facility (including under the International Sublimit) of at least 1.50 to 1.00.

Asset Coverage Ratio. Borrower Borrowers shall maintain maintain, at all times and measured monthly, a ratio of Borrower’s (i) Eligible Accounts plus unrestricted cash maintained with Bank plus unrestricted cash maintained in accounts at subject to an account control agreement in favor of Bank and in form and substance satisfactory to Bank, to (ii) all outstanding Advances plus the amount of all Eligible Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank twelve upcoming Scheduled Payments, of at least 1.50 to 1.00.

Asset Coverage Ratio. Borrower shall maintain at all times a ratio of Borrower’s unrestricted cash and cash equivalents maintained in accounts at Bank plus the amount of all Eligible Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank of at least 1.50 to 1.001.00 at all times, measured on a monthly basis.

Asset Coverage Ratio. Borrower shall maintain at all times a ratio of Borrower’s its unrestricted cash maintained in accounts at Bank plus the amount of all Eligible Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank of at least 1.50 1.40 to 1.00.

Asset Coverage Ratio. Borrower shall maintain at all times a ratio of Borrower’s unrestricted cash and cash equivalents maintained in accounts at Bank plus the amount of all Eligible Accounts (as calculated and on line #15 of the Borrowing Base Certificate) to the amount of all Obligations owing to Bank (the “Asset Coverage Ratio”) of at least 1.50 1.25 to 1.00, measured on a monthly basis.