Debt Service Cover Ratio. The Debt Service Cover Ratio is determined to be less than 1.1:1 for any Calculation Period.
Debt Service Cover Ratio. It shall be a requirement of this Agreement that the Project Company shall maintain a ratio of Free Cashflow to Debt Service, for any Measurement Period, of not less than 1.25 times.
Debt Service Cover Ratio. The Parent must ensure that the ratio of Cashflow to Debt Service for the Adjusted Group, for any Measurement Period, is not less than 1.1.
Debt Service Cover Ratio. The Debt Service Cover Ratio of each relevant Borrower was [ ] while the Debt Service Cover Ratio shall be no less than 1.15:1 for each of the Borrowers.
Debt Service Cover Ratio. The Borrower shall ensure that at all times the Debt Service Cover of the Borrower is not less than 125 per cent.
Debt Service Cover Ratio. The Debt Service Cover Ratio in respect of any Relevant Period specified in column 1 below shall not be less than the ratio set out in column 2 below set opposite that Relevant Period:
Column 1: Column 2: Relevant Period: Debt Service Cover Ratio (%)
Debt Service Cover Ratio. Within 45 days after the end of every Accounting Quarter (as that term is defined under the Syndicated Facility), a report showing the current Debt Service Cover Ratio of Exide Europe.
Debt Service Cover Ratio. Consolidated EBITDA plus rent and lease expense, in each case for the period of four consecutive fiscal quarters ending on such date shall not be less than 1.75 times the sum of the sum of (i) Interest Expense, plus (ii) all scheduled principal payments on Consolidated Total Borrowings (specifically excluding any unscheduled mandatory prepayments and any optional prepayments on Consolidated Total Borrowings), plus (iii) rent and lease expense, in each case for the four consecutive fiscal quarters ending on such date. For the purposes of this paragraph 17:
Debt Service Cover Ratio. Permit the Debt Service Cover Ratio of the Company for any period of four full consecutive Fiscal Quarters ending on any Quarterly Date set forth below (or such shorter period ending on any Quarterly Date set forth below and beginning on the first day of the first Fiscal Quarter which begins after the Construction Completion Date) to be less than the ratio set forth below opposite such Quarterly Date: Quarterly Date Debt Service Cover Ratio First, Second and Third Quarterly Dates 1.05 Fourth Quarterly Date and each Quarterly Date thereafter 1.15
Debt Service Cover Ratio. The Borrower shall ensure that the Actual Debt Service Cover Ratio and the Projected Debt Service Coverage ratio at any time, is no less than:
21.2.1 during the Financial Year ending 31 December 2016, 120%; and
21.2.2 thereafter, 125%.
