Consolidated Asset Coverage Ratio. The Borrower will not permit the Consolidated Asset Coverage Ratio at the last day of any fiscal quarter to be less than 1.50 to 1.
Consolidated Asset Coverage Ratio. Permit the Consolidated Asset Coverage Ratio as of the end of the any fiscal quarter to be less than 1.5:1.0.
Consolidated Asset Coverage Ratio. The Borrower will not permit the Consolidated Asset Coverage Ratio of the Borrower to be less than 150% at any time.
Consolidated Asset Coverage Ratio. After the Effective Date, the Borrower will not permit the Consolidated Asset Coverage Ratio to be less than (x) 150% at any time that Portfolio Investments that are Tier One Investments listed on the Investment Schedule represent more than 70% of the total “fair value” of all Investments set forth on such Investment Schedule, (y) 167% at any time that the Portfolio Investments that are Tier One Investments listed on the Investment Schedule represent more than 60% but less than or equal to 70% of the total “fair value” of all Investments set on such Investment Schedule and (z) 200% at any other time (in each case after giving effect to any Exemptive Order granted by the SEC relating to the exclusion of any indebtedness of any SBIC subsidiary from the definition of Senior Securities). For purposes of this clause (b), “Tier One Investments” means Portfolio Investments that are Cash, Cash Equivalents, Long-Term U.S. Government Securities and First Lien Bank Loans and “Investment Schedule” means the consolidated schedule of investments set forth in the financial statements of the Borrower most recently delivered pursuant to Section 5.01(a) or (b) or, following the Effective Date but prior to the first such delivery, the consolidated schedule of investments set forth in the draft financial statements of the Borrower attached to the draft report to be filed by the Borrower with the SEC on Form 10-K for the fiscal year ending December 31, 2018 delivered to the Administrative Agent prior to the Effective Date.
Consolidated Asset Coverage Ratio. Permit the Consolidated Asset Coverage Ratio as of the last day of any fiscal quarter of WFS to be less than 1.20 to 1.00.
Consolidated Asset Coverage Ratio. Maintain a Consolidated Asset Coverage Ratio of not less than 1.00 to 1.00 at all times. This ratio will be reported at the end of each month.”
Consolidated Asset Coverage Ratio. After the Effective Date, the Borrower will not permit the Consolidated Asset Coverage Ratio to be less than (x) 150% at any time that Portfolio Investments that are Tier One Investments listed on the Investment Schedule represent more than 70% of the total “fair value” of all Investments set forth on such Investment Schedule, (y) 167% at any time that the Portfolio Investments that are Tier One Investments listed on the Investment Schedule represent more than 60% but less than or equal to 70% of the total “fair value” of all Investments set on such Investment Schedule and (z) 200% at any other time (in each case after giving effect to any Exemptive Order granted by the SEC relating to the exclusion of any indebtedness of any SBIC subsidiary from the definition of Senior Securities). For purposes of this clause (b), “Tier One Investments” means Portfolio Investments that are Cash, Cash Equivalents,
Consolidated Asset Coverage Ratio. Maintain a Consolidated Asset Coverage Ratio of not less than (i) at all times prior to June 30, 2009, 1.00 to 1.00 and (ii) at all times thereafter, 1.20 to 1.00. This ratio will be reported (i) from October 1, 2007 through December 31, 2008, at the end of each month and (ii) from January 1, 2009 and thereafter, at the end of each reporting period for which this Agreement requires the Borrower to deliver financial statements.
Consolidated Asset Coverage Ratio. The Borrower will, and will cause its Subsidiaries to, at all times maintain a. Consolidated Asset Coverage Ratio of at least 1.25 to 1.00.
Consolidated Asset Coverage Ratio. For each month during the period commencing February 28, 2009 and ending June 30, 2010 Gerber and its Subsidiaries shall not permit the Consolidated Asset Coverage Ratio, measured on the last day of each month, to be less than 1-to-1.”
Section 7. Amendment of Section 9.1
