Common use of Minimum Borrowing Base Debt Service Coverage Ratio Clause in Contracts

Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio was :1.00 which was not less than 1.50:1.00. In each case, supporting information showing the computations used in determining compliance with such covenants is attached hereto as Exhibit A.

Appears in 2 contracts

Samples: Credit Agreement (Five Star Senior Living Inc.), Credit Agreement (Five Star Quality Care, Inc.)

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Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio was :is : 1.00 [and immediately following the Transaction, will be : 1.00], which was is not less than 1.50:1.00. In each case, supporting information showing the computations used in determining compliance with such covenants is attached hereto minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as Exhibit A.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 was :1.00 is 3.15: 1.00, which was is not less than 1.50:1.00. In each case, supporting information showing the computations used in determining compliance with such covenants is attached hereto minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as Exhibit A.required by Section 5.04(b)(ii) of the Credit Agreement.

Appears in 1 contract

Samples: Loan Agreement (Campus Crest Communities, Inc.)

Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio was is : 1.00 [and immediately following the Transaction, will be :1.00 1.00], which was is not less than 1.50:1.00. In each case, supporting information showing the computations used in determining compliance with such covenants is attached hereto minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as Exhibit A.required by Section 5.04(b)(ii) of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Campus Crest Communities, Inc.)

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Minimum Borrowing Base Debt Service Coverage Ratio. The Borrowing Base Debt Service Coverage Ratio was :1.00 is ____: 1.00, which was is not less than 1.50:1.00. In each case, supporting information showing the computations used in determining compliance with such covenants is attached hereto minimum Borrowing Base Debt Service Coverage Ratio of 1.50:1.00 as Exhibit A.required by Section 5.04(b)(ii) of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Campus Crest Communities, Inc.)

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