Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio is : 1.00 [and immediately following the Transaction, will be : 1.00], which is not less than the minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as required by Section 5.04(b)(ii) of the Credit Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)
Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio is : was :1.00 [and immediately following the Transaction, will be : 1.00], which is was not less than 1.50:1.00. In each case, supporting information showing the minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 computations used in determining compliance with such covenants is attached hereto as required by Section 5.04(b)(ii) of the Credit Agreement.Exhibit A.
Appears in 2 contracts
Samples: Credit Agreement (Five Star Senior Living Inc.), Credit Agreement (Five Star Quality Care, Inc.)
Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio is : 1.00 [and immediately following the Transaction, will be : :1.00], which is not less than the minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as required by Section 5.04(b)(ii) of the Credit Agreement.
Appears in 1 contract
Samples: Security Agreement (Campus Crest Communities, Inc.)
Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio is : 1.00 [and immediately following the Transaction, will be ____: 1.00], which is not less than the minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as required by Section 5.04(b)(ii) of the Credit Agreement.
Appears in 1 contract
Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio is : 1.00 [and immediately following the Transaction, will be 3.15: 1.00], which is not less than the minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as required by Section 5.04(b)(ii) of the Credit Agreement.
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