Minimum Asset Coverage Ratio. The Asset Coverage Ratio shall at all times (but calculated for compliance reporting purposes as of the last day of each fiscal quarter of Borrower) be greater than or equal to (a) 1.10 to 1.00 for Borrower and First Western and (b) 1.35 for the Companies.
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Samples: Credit Agreement (PMC Capital Inc), Credit Agreement (PMC Capital Inc)
Minimum Asset Coverage Ratio. The Asset Coverage Ratio shall at all times (but calculated for compliance reporting purposes as of the last day of each fiscal quarter of the Borrower) be greater than or equal to (a) 1.10 1.25 to 1.00 for the Borrower and First Western and (b) 1.35 for the CompaniesWestern.
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Minimum Asset Coverage Ratio. The Asset Coverage Ratio shall at all times (but calculated for compliance reporting purposes as of the last day of each fiscal quarter of BorrowerPMC) be greater than or equal to (a) 1.10 1.25 to 1.00 for Borrower and First Western and (b) 1.35 for the CompaniesBorrowers.
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Minimum Asset Coverage Ratio. The Asset Coverage Ratio shall at all times (but calculated for compliance reporting purposes as of the last day of each fiscal quarter of Borrower) be greater than or equal to (a) 1.10 1.35 to 1.00 for Borrower and First Western and (b) 1.35 1.50 for the Companies.
Appears in 1 contract
Samples: Credit Agreement (PMC Capital Inc)