Common use of Borrower Asset Coverage Ratio Clause in Contracts

Borrower Asset Coverage Ratio. The Borrower will not permit the Borrower Asset Coverage Ratio at the last day of any fiscal quarter to be less than 2.00 to 1.

Appears in 11 contracts

Samples: Credit Agreement (Pennantpark Investment Corp), Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Assignment and Assumption (Goldman Sachs BDC, Inc.)

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Borrower Asset Coverage Ratio. The Borrower will not permit the Borrower Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 to 11 at any time.

Appears in 10 contracts

Samples: Credit Agreement (Sixth Street Specialty Lending, Inc.), Secured Revolving Credit Agreement (Sixth Street Specialty Lending, Inc.), Secured Revolving Credit Agreement (Sixth Street Lending Partners)

Borrower Asset Coverage Ratio. The Borrower will not permit the Borrower Asset Coverage Ratio at the last day of any fiscal quarter to be less than 2.00 to 1200% at any time.

Appears in 8 contracts

Samples: Senior Secured Revolving Credit Agreement and Guarantee and Security Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Crescent Capital BDC, Inc.), Secured Revolving Credit Agreement (Owl Rock Core Income Corp.)

Borrower Asset Coverage Ratio. The Borrower will not permit the Borrower Asset Coverage Ratio at the last day of any fiscal quarter to be less than 2.00 to 11.00.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Owl Rock Technology Finance Corp.), Secured Revolving Credit Agreement (Owl Rock Capital Corp)

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Borrower Asset Coverage Ratio. The Borrower will not permit the Borrower Asset Coverage Ratio at the last day of any fiscal quarter to be less than 2.00 to 1200%.

Appears in 2 contracts

Samples: Credit Agreement (Barings Private Credit Corp), Assignment and Assumption (Barings Private Credit Corp)

Borrower Asset Coverage Ratio. The Borrower will not permit the Borrower Asset Coverage Ratio at the last day of any fiscal quarter to be less than 2.00 to 11 at any time.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)

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