Common use of Interest/Dividend Coverage Ratio Clause in Contracts

Interest/Dividend Coverage Ratio. Borrower shall not permit the Interest/Dividend Coverage Ratio to be less than 1.50 to 1.00 between the Closing Date and up to June 30, 1999, and 1.75 to 1.00 thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Amresco Inc), Credit Agreement (Amresco Inc)

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Interest/Dividend Coverage Ratio. Borrower shall not permit the Interest/Dividend Coverage Ratio to be less than (i) 1.50 to 1.00 between from the Closing Date and up to June through December 30, 1999, and (ii) 1.75 to 1.00 thereafterfrom and after December 31, 1999."

Appears in 1 contract

Samples: Credit Agreement and Consent (Amresco Inc)

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Interest/Dividend Coverage Ratio. Borrower shall not permit the Interest/Dividend Coverage Ratio to be less than (i) 1.50 to 1.00 between from the Closing Date and up to June through December 30, 19992000, and (ii) 1.75 to 1.00 thereafterfrom and after December 31, 2000."

Appears in 1 contract

Samples: Fourth Modification of Credit Agreement and Consent (Amresco Inc)

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