Common use of Interest Cover Ratio Clause in Contracts

Interest Cover Ratio. The Parent will procure that the Group’s Interest Cover Ratio shall be minimum 2.5 : 1.

Appears in 4 contracts

Samples: Credit Facilities Agreement, Credit Facilities Agreement (Seadrill Partners LLC), Credit Facility Agreement

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Interest Cover Ratio. The Parent will procure that the Group’s Interest Cover Ratio shall be minimum 2.5 : 12.5:1 throughout the term of this Agreement.

Appears in 2 contracts

Samples: www.lw.com, Seadrill Partners LLC

Interest Cover Ratio. The Parent will procure shall ensure that the Group’s 's Interest Cover Ratio shall be minimum 2.5 3.0 : 1.

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

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Interest Cover Ratio. The Parent will procure that the Group’s Interest Cover Ratio shall be minimum 2.5 : 12.5:1.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

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