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.
Appears in 2 contracts
Samples: Credit Agreement (Ensign Group, Inc), Credit Agreement (Pennant Group, Inc.)
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. ARTICLE VII NEGATIVE COVENANTS The Borrower covenants and agrees that until Payment in Full of the Obligations: Section 7.1.
Appears in 1 contract
Samples: Credit Agreement (Ensign Group, Inc)
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, 20192024, an Interest/Rent Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Interest/Rent Coverage Ratio. The Borrower will maintain, as of the end last day of each Test Period, commencing with the Test Period ended ending on September 30March 31, 20192016, an Interest/Rent Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Samples: Credit Agreement (Ensign Group, Inc)
Interest/Rent Coverage Ratio. The Borrower will maintain, as of the end of each Test Period, commencing with the Test Period ended on September June 30, 20192016, an Interest/Rent Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Samples: Credit Agreement (Ensign Group, Inc)
Interest/Rent Coverage Ratio. The Borrower will maintain, as of the end last day of each Test Period, commencing with the Test Period ended ending on September 30, 20192014, an Interest/Rent Coverage Ratio of not less than 1.50:1.00.
Appears in 1 contract
Samples: Credit Agreement (Ensign Group, Inc)
