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

Minimum Borrowing Base Debt Service Coverage Ratio. Maintain, as of the last day of each fiscal quarter of the Parent Guarantor, a Borrowing Base Debt Service Coverage Ratio greater than 1.25:1.00.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (American Campus Communities Inc)

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Minimum Borrowing Base Debt Service Coverage Ratio. Maintain, as of Maintain (A) at the last day end of each fiscal quarter of the Parent GuarantorGuarantor ending during any of the periods set forth below and (B) on the date of each Advance (both before and after giving effect to such Advance) and (C) on the date of each issuance or renewal of any Letter of Credit, a Borrowing Base Debt Service Coverage Ratio greater of not less than 1.25:1.002.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Great Wolf Resorts, Inc.)

Minimum Borrowing Base Debt Service Coverage Ratio. Maintain, as of Maintain (A) at the last day end of each fiscal quarter of the Parent Guarantor, and (B) at the time of each Advance (both before and after giving effect to such Advance) a Borrowing Base Debt Service Coverage Ratio greater of not less than 1.25:1.001.20:1.00.

Appears in 1 contract

Samples: Credit Agreement (Sunstone Hotel Investors, Inc.)

Minimum Borrowing Base Debt Service Coverage Ratio. Maintain, as of Maintain (A) at the last day end of each fiscal quarter of the Parent Guarantor, and (B) at the time of each Advance (both before and after giving effect to such Advance) a Borrowing Base Debt Service Coverage Ratio greater of not less than 1.25:1.002.00:1.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sunstone Hotel Investors, Inc.)

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Minimum Borrowing Base Debt Service Coverage Ratio. Maintain, as of Maintain (A) at the last day end of each fiscal quarter of the Parent Guarantor, Guarantor and (B) as of the time of each Advance occurring during any of the periods indicated below (both before and after giving effect to such Advance) a Borrowing Base Debt Service Coverage Ratio greater of not less than 1.25:1.002.0:1.0.

Appears in 1 contract

Samples: Credit Agreement (Affordable Residential Communities Inc)

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