Cash Flow Coverage Ratio Covenant. On the date of this Lease --------------------------------- and measured at a date that is twenty-four (24) months following such date (each a "Cash Flow Measurement Date"), and on each anniversary date that is twenty- four (24) months following a prior Cash Flow Measurement Date, Tenant shall have maintained a Cash Flow Coverage Ratio of not less than 1.5 to 1.0 based on the Annual Financial Statements to be delivered to Landlord in accordance with
Appears in 1 contract
Cash Flow Coverage Ratio Covenant. On the date of this Lease --------------------------------- and measured at a date that is twenty-four twelve (2412) months following such date (each a "Cash Flow Measurement Date"), and on each anniversary date that is twenty- four twelve (2412) months following a prior Cash Flow Measurement Date, Tenant shall have maintained a Cash Flow Coverage Ratio of not less than 1.5 to 1.0 based on the Annual Financial Statements to be delivered to Landlord in accordance with41
Appears in 1 contract
Samples: Lease Agreement (Lithia Motors Inc)
Cash Flow Coverage Ratio Covenant. On the date of this --------------------------------- Lease --------------------------------- and measured at a date that is twenty-four (24) months following such date (each a "Cash Flow Measurement Date"), and on each anniversary date that is twenty- twenty-four (24) months following a prior Cash Flow Measurement Date, Tenant shall have maintained a Cash Flow Coverage Ratio of not less than 1.5 to 1.0 based on the Annual Financial Statements to be delivered to Landlord in accordance withRatio
Appears in 1 contract
Cash Flow Coverage Ratio Covenant. On the date of this Lease --------------------------------- and measured at a date that is twenty-four (24) months following such date (each a "Cash Flow Measurement Date"), and on each anniversary date that is twenty- twenty-four (24) months following a prior Cash Flow Measurement Date, Tenant shall have maintained a Cash Flow Coverage Ratio of not less than 1.5 to 1.0 based on the Annual Financial Statements to be delivered to Landlord in accordance withaccordance
Appears in 1 contract
Samples: Lease Agreement (Cross Continent Auto Retailers Inc M&l)
