Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2012, a Coverage Ratio of not less than 1.75 to 1.
Appears in 5 contracts
Samples: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.)
Coverage Ratio. The For each fiscal quarter, the Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending December 31, 2012, shall maintain a Coverage Ratio of not less than 1.75 (a) 1.35 to 11 for each fiscal quarter through and including September 30, 1995, and (b) 1.40 for each succeeding fiscal quarter.
Appears in 1 contract
Samples: Credit Agreement (Criimi Mae Inc)
