Common use of Minimum Asset Coverage Clause in Contracts

Minimum Asset Coverage. Asset Coverage equal to or greater than one hundred fifty percent (150%), tested as of the end of each fiscal quarter of Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Oaktree Strategic Income II, Inc.), Loan and Security Agreement (Oaktree Strategic Income II, Inc.)

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Minimum Asset Coverage. Asset Coverage equal to or greater than one hundred fifty percent (150%), tested as of the end last day of each fiscal quarter of BorrowerBorrower other than the fiscal quarters of Borrower ending March 31, 2022 and June 30, 2022.

Appears in 1 contract

Samples: Loan, Guarantee and Security Agreement (Great Elm Capital Corp.)

Minimum Asset Coverage. Asset Coverage equal to or greater than one two hundred fifty percent (150200%), tested as of the end of each fiscal quarter of Borrower.

Appears in 1 contract

Samples: Loan Agreement (Fifth Street Senior Floating Rate Corp.)

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Minimum Asset Coverage. Asset Coverage equal to or greater than one hundred fifty sixty percent (150160%), tested as of the end last day of each fiscal quarter of Borrower.

Appears in 1 contract

Samples: Loan, Guarantee and Security Agreement (Great Elm Capital Corp.)

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