Minimum Borrowing Base Debt Service Coverage Ratio. Maintain (A) at the end of each fiscal quarter of the Parent and (B) at the time of each Advance (both before and after giving effect to such Advance) a Borrowing Base Debt Service Coverage Ratio of not less than 1.20:1.00.
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Minimum Borrowing Base Debt Service Coverage Ratio. Maintain (A) at the end of each fiscal quarter of the Parent and (B) at the time of each Advance (both before and after giving effect to such Advance) a Borrowing Base Debt Service Coverage Ratio of not less than 1.20:1.002.00:1.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (Sunstone Hotel Investors, Inc.)
Minimum Borrowing Base Debt Service Coverage Ratio. Maintain (A) at the end of each fiscal quarter of the Parent Guarantor ending during any of the periods set forth below and (B) at on the time 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 of not less than 1.20:1.002.00:1.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (Great Wolf Resorts, Inc.)
Minimum Borrowing Base Debt Service Coverage Ratio. Maintain (A) at the end of each fiscal quarter of the Parent Guarantor and (B) at 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 of not less than 1.20:1.002.0:1.0.
Appears in 1 contract
Samples: Credit Agreement (Affordable Residential Communities Inc)
