Common use of Debt Service Ratio Clause in Contracts

Debt Service Ratio. Commencing with the quarter ending March 31, 2010, Borrower shall maintain, tested as of the end of each fiscal quarter during the term of the Loan, a Debt Service Ratio for the Facility of not less than 1.20 to 1.0

Appears in 2 contracts

Samples: Loan Agreement and Settlement Agreement (Sunrise Senior Living Inc), Loan Agreement and Settlement Agreement (Sunrise Senior Living Inc)

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Debt Service Ratio. Commencing with the quarter ending March December 31, 20102007, Borrower shall maintain, tested as of the end of each fiscal quarter during the term of the Loan, a Debt Service Ratio for the Facility of not less than 1.20 to 1.0.

Appears in 2 contracts

Samples: Loan and Security Agreement (Sunrise Senior Living Inc), Loan and Security Agreement (Sunrise Senior Living Inc)

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