Debt Service Coverage Ratios. The Company shall, at all times after the first Repayment Date or, if earlier, the first Interest Payment Date occurring after the Project Completion Date, maintain (1) a Retrospective Debt Service Coverage Ratio for the preceding Interest Period of not less than 1.25, and (2) a Loan Life Debt Service Coverage Ratio of not less than 1.25.
Appears in 4 contracts
Samples: Loan Agreement (Amax Gold Inc), Finance Agreement (Amax Gold Inc), Finance Agreement (Amax Gold Inc)