Debt Coverage Ratio. Commencing with the Fiscal Year ending December 31, 1998 and continuing for each Fiscal Quarter through the Bridge Loan Maturity Date, Borrower shall not permit the Consolidated Debt Coverage Ratio for such period to be less than 1.25 to 1.00.
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Samples: Bridge Loan Agreement (Maui Land & Pineapple Co Inc)
Debt Coverage Ratio. Commencing with the Fiscal Year ending December 31, 1998 1996 and continuing for each Fiscal Quarter through the Bridge Loan Tranche B Maturity Date, Borrower shall not permit the Consolidated Debt Coverage Ratio for such period any Fiscal Year to be less than 1.25 1.15 to 1.00.
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Debt Coverage Ratio. Commencing with the Fiscal Year ending December 31, 1998 1999 and continuing for each Fiscal Quarter Year thereafter through the Bridge Term Loan Maturity Date, Borrower shall not permit the Consolidated Debt Coverage Ratio for such period Fiscal Year to be less than 1.25 to 1.00.
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Debt Coverage Ratio. Borrower shall not permit its Consolidated Debt Coverage Ratio to be less than .69 to 1.00 for the Fiscal Year ending December 31, 2002, and 1.10 to 1.00 for the Fiscal Year ending December 31, 2003. Commencing with the Fiscal Year ending December 31, 1998 2004 and continuing for each Fiscal Quarter Year thereafter through the Bridge Term Loan Maturity Date, Borrower shall not permit the Consolidated Debt Coverage Ratio for such period to be less than 1.25 to 1.00.
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