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: Term Loan and Revolving Credit Facilities Agreement, Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC), Senior Secured 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: Secured Credit Facility Agreement, Secured Credit Facility Agreement (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: Term Loan 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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