Debt Coverage Ratio of Lessee Sample Clauses

Debt Coverage Ratio of Lessee. From and after the second anniversary of the date hereof until the fourth anniversary hereof, Lessee shall maintain with respect to the Facility and all other Group Two Acquisition Facilities for each Fiscal Quarter an aggregate Debt Coverage Ratio equal to or greater than 1.1 to 1 and from and after the fourth anniversary thereof and for the remainder of the Term, Lessee shall maintain with respect to the Facility and all other Group Two Acquisition Facilities each Fiscal Quarter an aggregate Debt Coverage Ratio equal to or greater than 1.2 to 1.
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Debt Coverage Ratio of Lessee. From and after the second anniversary ofthe Conversion Date until the fourth anniversary thereof, the Facility and all other Group Two Development Facilities shall maintain for each Fiscal Quarter an aggregate Debt Coverage Ratio equal to or greater than 1.1 to 1 and from and after the fourth anniversary thereof and for the remainder of the Term, the Facility and all other Group Two Development Facilities shall maintain for each Fiscal Quarter an aggregate Debt Coverage Ratio equal to or greater than 1.2 to 1. 11.3.2 Intentionallv Deleted. 11.3.3
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Debt Coverage Ratio of Lessee. Lessee shall maintain for each Fiscal Quarter a Debt Coverage Ratio equal to or greater than 1.5:1 for the Rolling Period relating to such Fiscal Quarter.
Sample 1
Debt Coverage Ratio of Lessee. From and after the second anniversary of the date hereof until the fourth anniversary thereof, the Facility and all other Group Four Acquisition Facilities shall maintain for each Fiscal Quarter an 64
Sample 1
Debt Coverage Ratio of Lessee. From and after the second anniversary ofthe date hereofuntil the fourth anniversary thereof, the Facility and all other Group Four Acquisition Facilities shall maintain for each Fiscal Quarter an aggregate Debt Coverage Ratio equal to or greater than 1. I to 1 and from and after the fourth anniversary thereofand for the remainder ofthe Term, the Facility and all other Group Four Acquisition Facilities shall maintain for each Fiscal Quarter an aggregate Debt Coverage Ratio equal to or greater than 1.2 to I. 11.3.2 Intentionallv Deleted. 11.3.3 Intentionallv Deleted. 11.3.4
Sample 1

Related to Debt Coverage Ratio of Lessee

  • Debt Coverage Ratio Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 to 1.0.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Asset Coverage Ratio The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Debt Service Coverage Ratio Not permit the Debt Service Coverage Ratio on the last day of each Fiscal Quarter to be less than 3.50 to 1.00.

  • Coverage Ratio The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 to 1.00 for any period of four consecutive fiscal quarters.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Minimum Debt Service Coverage Ratio As of the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2021, the Borrowers shall not permit the Debt Service Coverage Ratio, determined on a consolidated basis for the Consolidated Parties, to be less than 2.00 to 1.00.

  • Collateral Coverage Ratio On the date of such Loan or the issuance of such Letter of Credit hereunder (and after giving pro forma effect thereto), the Collateral Coverage Ratio shall not be less than 1.0 to 1.0.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

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