FCE Capital Contributions Sample Clauses

FCE Capital Contributions. ​ If, either the Senior Debt Service Coverage Ratio or the Total Debt Service Coverage Ratio at the end of any fiscal quarter of Borrower would be less than the amounts required in subsection (a) or (b) above respectively, FCE, at its sole option (and not obligation), may make a cash capital contribution to Borrower at any time during or prior to the end of the applicable fiscal quarter of Borrower and, in such case, such cash capital contribution shall be added to and included as part of the numerator in calculating each of the Senior Debt Service Coverage Ratio and Total Debt Service Coverage Ratio for such applicable fiscal quarter of Borrower and only for such fiscal quarter, and shall not be used or counted for any purpose other than calculating such ratio for such quarter; provided, however, that Borrower shall not be permitted to include cash capital contributions of FCE in the calculation of Senior Debt Service Coverage Ratio and the Total Debt Service Coverage Ratio as provided for in this subsection (c) more, in the aggregate, than two (2) times in any fiscal year of Borrower and more than four (4) times during the term of this Loan. ​ ​ ​
Sample 1
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FCE Capital Contributions. If, either the Senior Debt Service Coverage Ratio or the Total Debt Service Coverage Ratio at the end of any fiscal quarter of Borrower would be less than the amounts required in subsection (a) or (b) above respectively, FCE, at its sole option (and not obligation), may make a cash capital contribution to Borrower at any time during or prior to the end of the applicable fiscal quarter of Borrower and, in such case, such cash capital contribution shall be added to and included as part of the numerator in calculating each of the
Sample 1

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