Interest/Rent Coverage Ratio Sample Clauses

Interest/Rent Coverage Ratio. The Borrower will maintain, as of the end of each Test Period, commencing with the Test Period ended on September 30, 2019, an Interest/Rent Coverage Ratio of not less than 1.50:1.00.
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Interest/Rent Coverage Ratio. The Borrower will maintain, as of the end of each Test Period, commencing with the Test Period ended on September 30, 2019, an Interest/Rent Coverage Ratio of not less than the Interest/Rent Coverage Ratio set forth below for such Test Period: Test Period Ending Interest/Rent Coverage Ratio September 30, 2019 1.25:1.00 December 31, 2019 1.25:1.00 March 31, 2020 1.25:1.00 June 30, 2020 1.25:1.00 September 30, 2020 1.25:1.00 December 31, 2020 1.25:1.00 March 31, 2021 1.25:1.00 June 30, 2021 1.25:1.00 September 30, 2021 1.25:1.00 December 31, 2021 and thereafter 1.50:1.00
Interest/Rent Coverage Ratio. The Borrower will maintain, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending on September 30, 2011, an Interest/Rent Coverage Ratio of not less than 2.50:1.00.

Related to Interest/Rent Coverage Ratio

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

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