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

Minimum Borrowing Base Debt Service Coverage Ratio. The Borrower will not at any time permit the Borrowing Base Debt Service Coverage Ratio to be less than or equal to 2.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)

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Minimum Borrowing Base Debt Service Coverage Ratio. The Borrower Commencing with the calendar quarter ending September 30, 2007 and continuing at all times thereafter, the Borrowers will not at any time permit the Borrowing Base Debt Service Coverage Ratio to be less than 1.30 to 1.00 (or equal less than 1.35 to 2.00 to 1.001.0 following the occurrence of the Capital Event).

Appears in 1 contract

Samples: Credit Agreement (Dupont Fabros Technology, Inc.)

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