Common use of Minimum Asset Coverage Ratio Clause in Contracts

Minimum Asset Coverage Ratio. Beginning November 30, 2022, permit the Asset Coverage Ratio as at the close of business on the last Business Day of any month to be less than [***].

Appears in 2 contracts

Samples: Credit Agreement (Prosper Funding LLC), Credit Agreement (Prosper Funding LLC)

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Minimum Asset Coverage Ratio. Beginning November 30, 2022, permit the Asset Coverage Ratio as at the close of business on the last Business Day of any month to be less than [***]] to 1.00; provided, that for the month ending July 31, 2024 only, the Asset Coverage Ratio shall not be less than [***] to 1.00. iii. Exhibit C to the Credit Agreement (the Compliance Certificate) is hereby amended and restated in its entirety as set forth in the pages attached hereto as Exhibit A.

Appears in 1 contract

Samples: Credit Agreement (Prosper Funding LLC)

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Minimum Asset Coverage Ratio. Beginning November September 30, 2022, permit the Asset Coverage Ratio as at the close of business on the last Business Day day of any month to be less than [***].

Appears in 1 contract

Samples: Credit Agreement (Oportun Financial Corp)

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