Financial Covenants; Covenants Relating to Investments. (a) Permit the ratio of (i) the Borrower’s Debt to (ii) the Borrower’s Adjusted Eligible Asset Value to exceed [***] as of the last day of any fiscal month of the Borrower ending on or after November 30, 2020;
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Samples: Credit Agreement (First Trust Alternative Opportunities Fund)
Financial Covenants; Covenants Relating to Investments. (a) Permit the ratio of (i) the Borrower’s Debt to (ii) the Borrower’s Adjusted Eligible Asset Value to exceed [***[ ] as of the last day of any fiscal month quarter of the Borrower ending on or after November 30March 31, 20202024;
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Financial Covenants; Covenants Relating to Investments. (a) Permit the ratio of (i) the Borrower’s Debt to (ii) the Borrower’s Adjusted Eligible Asset Value to exceed [***] 0.20 as of the last day of any fiscal month of the Borrower ending on or after November 30, 2020;
Appears in 1 contract
Samples: Credit Agreement (First Trust Alternative Opportunities Fund)
Financial Covenants; Covenants Relating to Investments. (a) Permit the ratio of (i) the Borrower’s Debt to (ii) the Borrower’s Adjusted Eligible Asset Value to exceed [***[ ] as of the last day of any fiscal month of the Borrower ending on or after November 30July 31, 20202023;
Appears in 1 contract
Samples: Credit Agreement (First Trust Hedged Strategies Fund)