Consolidated Debt Service Coverage Ratio. Permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.50:1.00.
Consolidated Debt Service Coverage Ratio. Beginning ninety (90) days after the date of this Agreement, Borrowers shall not permit their Consolidated Debt Service Coverage Ratio to be less than 1.25 to 1.0 at any time. The Consolidated Debt Service Coverage Ratio shall be calculated monthly based upon year-to-date figures for the current calendar year, beginning January 1, 2007, and shall be reported to Lender within forty-five (45) days after the end of each calendar month, beginning July 31, 2007.
Consolidated Debt Service Coverage Ratio. The Loan Parties shall not permit the Consolidated Debt Service Coverage Ratio as of the end of any fiscal quarter of the MLP to be less than 1.10 to 1.0.
Consolidated Debt Service Coverage Ratio. The Borrower will not ---------------------------------------- permit its Consolidated Debt Service Coverage Ratio to be less than (x) 1.25 to 1 from the Effective Date through September 29, 2001, (y) 1.50 to 1 from September 30, 2001 through December 30, 2001 and (z) 1.75 to 1 thereafter.
Consolidated Debt Service Coverage Ratio. Permit the Consolidated Debt Service Coverage Ratio determined as of the last day of any fiscal quarter of TWTC during the period set forth below to be less than the ratio set forth below opposite such period: Period Consolidated Debt Service Coverage Ratio 10/01/04 – 12/31/04 1.40 to 1.0 01/01/05 – thereafter 1.50 to 1.0”
Consolidated Debt Service Coverage Ratio. Borrower and its Subsidiaries, on a consolidated basis, shall maintain a Debt Service Coverage Ratio, as of the end of each fiscal quarter for that portion of the Fiscal Year then ended, commencing with the fiscal quarter ending December 31, 1999, of not less than 1.25 to 1.00; and
Consolidated Debt Service Coverage Ratio. Maintain a Consolidated Debt Service Coverage Ratio of not less than the ratio shown below for the period corresponding thereto: Consolidated Debt Period Service Coverage Ratio First fiscal quarter of fiscal year ending. 75 to 1.0 December 3 1, 1996 "the first fiscal quarter of each fiscal year thereafter First and second fiscal quarters of fiscal. 75 to 1.0 year ending December 31, 1996 and the first and second fiscal quarters of each fiscal year thereafter First, second and third fiscal quarters of 1.5 to 1.0 fiscal year ending December 31, 1996 and the first, second and third fiscal quarters of each fiscal year thereafter Fiscal year ending December 31, 1996 and 1.7 to 1.0 each fiscal year thereafter
Consolidated Debt Service Coverage Ratio. Section 9.3(C) is amended in its entirety to read as follows:
Consolidated Debt Service Coverage Ratio. Borrower shall maintain a Consolidated Debt Service Coverage Ratio greater than 1.5 to 1, to be tested at the end of each calendar quarter based on the trailing one-year period. The Consolidated Loan Debt Service Coverage Ratio shall be measured as of December 31, 1999, and at quarterly intervals thereafter, and for any period shall be determined as the quotient obtained by dividing (a) Adjusted Net Operating Income from all of Borrower's properties for such period by (b) the amount of Borrower's total debt service payments (principal and interest) which would be required to be made during such period, including Imputed Debt Service.
Consolidated Debt Service Coverage Ratio. Borrower shall, at all times, maintain a "Consolidated Debt Service Coverage Ratio" (Adjusted Net Operating Income divided by Imputed Consolidated Debt Service) of at least 1.5 to 1, which shall be tested quarterly. Adjusted Net Operating Income shall be determined as provided in Section 4.01(G). "Imputed Consolidated Debt Service" shall be the total of the Imputed Debt Service (determined as provided in Section 4.01(G)) plus the annual principal payments required to fully amortize the maximum amount that can be advanced to Borrower under all of the other loan obligations of Borrower, regardless of the amounts of such other loan obligations that have actually been advanced to Borrower, calculated in the same manner as the Imputed Debt Service. As used in this Section 4.01(H), the term "Borrower" shall include all entities included in Borrower's consolidated financial statements.
