Common use of Debt to Rental Revenue Clause in Contracts

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] the ratio of Borrower’s Debt to Borrower’s Rental Revenue shall not exceed [__]:

Appears in 3 contracts

Samples: Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Inc)

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Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] the ratio of Borrower’s Debt to Borrower’s Rental Revenue Revenue, shall not exceed [__[ ]:

Appears in 2 contracts

Samples: Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement (Aaron's Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] the ratio of Borrower’s Debt to Borrower’s Rental Revenue Revenue, shall not exceed [__]:

Appears in 2 contracts

Samples: Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] the ratio of Borrower’s Debt to Borrower’s Rental Revenue Revenue, shall not exceed [_____]:

Appears in 2 contracts

Samples: Servicing Agreement (Aaron's Inc), Servicing Agreement (Aaron's Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] thereafter, the ratio of Borrower’s 's Debt to Borrower’s 's Rental Revenue Revenue, shall not exceed [__]:5.5:1.0; and

Appears in 1 contract

Samples: Loan Facility Agreement (Aaron Rents Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On thereafter,] [On the last day of each calendar quarter] the ratio of Borrower’s Debt to Borrower’s Rental Revenue shall not exceed [__[ ]:

Appears in 1 contract

Samples: Loan Facility Agreement (Aaron's Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] thereafter, the ratio of Borrower’s Debt to Borrower’s Rental Revenue Revenue, shall not exceed [__]:5.5:1.0; and

Appears in 1 contract

Samples: Loan Facility Agreement and Guaranty (Aaron Rents Inc)

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Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of any Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] thereafter, the ratio of the Borrower’s Debt to the Borrower’s Rental Revenue Revenue, shall not exceed [__]:5.5:1.0; and

Appears in 1 contract

Samples: Loan Facility Agreement (Aaron Rents Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of any Established Franchisee Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] thereafter, the ratio of such Established Franchisee Borrower’s Debt to the Borrower’s Rental Revenue Revenue, shall not exceed [__]:5.5:1.0; and

Appears in 1 contract

Samples: Loan Facility Agreement (Aaron Rents Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of any Established Franchisee Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] thereafter, the ratio of such Established Franchisee Borrower’s 's Debt to the Borrower’s 's Rental Revenue Revenue, shall not exceed [__]:5.5:1.0; and

Appears in 1 contract

Samples: Loan Facility Agreement (Aaron Rents Inc)

Debt to Rental Revenue. [Commencing on the first day of the calendar quarter in which the first day of the 19th month following the Opening Date of the first store location of Borrower occurs and measured as of the last day of the calendar quarter in which such 19th month occurs and on the last day of each calendar quarter thereafter,][On the last day of each calendar quarter] the ratio of Borrower’s Debt to Borrower’s Rental Revenue shall not exceed [__[ ]:

Appears in 1 contract

Samples: Loan Facility Agreement (Aaron's Inc)

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