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.
Appears in 5 contracts
Samples: Senior Secured Revolving Credit Agreement (Barings Private Credit Corp), Revolving Credit Agreement (Barings Private Credit Corp), Senior Secured Revolving Credit Agreement (Nuveen Churchill Direct Lending Corp.)
Consolidated Asset Coverage Ratio. The Borrower will not permit the Consolidated Asset Coverage Ratio of the Borrower to be less than 150200% at any time; provided that the minimum Consolidated Asset Coverage Ratio shall be reduced to 150% by written notice to the Administrative Agent from and after the date on which such ratio is permitted to be so reduced by the Borrower pursuant to applicable law.
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp)
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.
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (AB Private Lending Fund), Senior Secured Revolving Credit Agreement (Prospect Floating Rate & Alternative Income Fund, Inc.)
Consolidated Asset Coverage Ratio. The Borrower will not permit the Consolidated Asset Coverage Ratio of the Borrower to be less than 150% 1.50x at any time.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.), Senior Secured Revolving Credit Agreement (Lafayette Square USA, Inc.)
