Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a Debt Service Coverage Ratio of not less than 1.1 to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 2 contracts
Samples: Credit and Security Agreement (Hei Inc), Credit and Security Agreement (Hei Inc)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, maintain as of the end of each year endFiscal Year (commencing with the Fiscal Year ending December 31, 2020), for the twelve-month period then ending, a Debt Service Coverage Ratio of not less than 1.1 1.25 to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 2 contracts
Samples: Loan Agreement (Wildfire New PubCo, Inc.), Loan Agreement (Wildfire New PubCo, Inc.)
Minimum Debt Service Coverage Ratio. The Borrower Borrower, together with the other Companies, will maintain, during each period described below, the Debt Service Coverage Ratio, determined as at the end of each year endfiscal quarter, a at not less than the ratio set forth opposite such period: Period Minimum Debt Service Coverage Ratio of not less than 1.1 6 months ending 11/03 1.10 to 1.0., during each 1.00 9 months ending 2/04 1.20 to 1.00 12 months ending 5/04 and every fiscal year ending described below: Minimum Debt Servicequarter-end thereafter on a trailing 12 month basis 1.20 to 1.00
Appears in 2 contracts
Samples: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a maintain its Debt Service Coverage Ratio Ratio, determined on each December 31 (commencing on December 31, 2004) for the period from the beginning of the calendar year containing such date to such date, at not less than 1.1 1.05 to 1.01.00 (or, on December 31, 2004, 0.25 to 1.00)., during each fiscal year ending described below: Minimum Debt Service
Appears in 2 contracts
Samples: Credit and Security Agreement, Credit and Security Agreement (Pw Eagle Inc)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each its fiscal year endending July 31, 2010, a Debt Service Coverage Ratio of not less than 1.1 1.25 to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a maintain its Debt Service Coverage Ratio Ratio, determined on December 31 for the period from the beginning of the calendar year containing such date to such date, at not less than 1.1 0.75 to 1.01.00 on each December 31, 2004 and 1.25 to 1.00 on December 31, 2005 and each December 31 thereafter., during each fiscal year ending described below: Minimum Debt Service
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Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each its fiscal year endending July 31, 2010, a Debt Service Coverage Ratio of not less than 1.1 [*] to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit and Security Agreement (Professional Veterinary Products LTD /Ne/)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a maintain its Debt Service Coverage Ratio of at not less than 1.1 (a) 1.00 to 1.0.1.00 as of the end of fiscal year of the Borrower ending December 31, during 2012 and (b) 1.25 to 1.00 as of the end of the fiscal year of the Borrower ending December 31, 2013 and as of the end of each fiscal year ending described below: Minimum Debt Serviceof the Borrower thereafter.β
Appears in 1 contract
Samples: Credit Agreement (Green Plains Renewable Energy, Inc.)
Minimum Debt Service Coverage Ratio. The As of the end of any Fiscal Quarter, commencing with the Fiscal Quarter ending on July 31, 2024, Borrower will maintain, as of each year end, shall maintain a Debt Service Coverage Ratio of not less than 1.1 to 1.01.35:1.00., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Loan and Security Agreement (Siebert Financial Corp)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a maintain its Debt Service Coverage Ratio Ratio, determined at the end of each fiscal year, at not less than 1.1 1.5 to 1.0., during each fiscal year ending described below: Minimum Debt Service"
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Minimum Debt Service Coverage Ratio. The Borrower Borrowers will maintain, as of each on a consolidated basis, during the fiscal year endending December 31, a 2005, their Debt Service Coverage Ratio Ratio, determined as at the end of such fiscal year, at not less than 1.1 1.05 to 1.0., during each fiscal year ending described below: Minimum Debt Service1.00. - 4 - Medtox - Sixth Amendment to Credit Agreement
Appears in 1 contract
Samples: Credit and Security Agreement (Medtox Scientific Inc)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year endfiscal quarter end on a rolling twelve (12) month basis, a Debt Service Coverage Ratio of not less than 1.1 to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit and Security Agreement (Global Employment Holdings, Inc.)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a maintain its Debt Service Coverage Ratio as of the end of each fiscal year of the Borrower at not less than 1.1 1.25 to 1.01.00., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit Agreement (Green Plains Renewable Energy, Inc.)
Minimum Debt Service Coverage Ratio. The Specified Borrower will maintain, as on a consolidated basis shall have at the end of each year endFiscal Quarter, a Debt Service Coverage Ratio for the 12-month period then ended (or with respect to the Fiscal Quarters ending on or before June 30, 1999, the period commencing on July 1, 1998 and ending on the last day of such Fiscal Quarter) of not less than 1.1 1.30 to 1.01.0 for any such period., during each fiscal year ending described below: Minimum Debt Service
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Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, at all times maintain a Debt Service Coverage Ratio of not less than 1.1 1.15 to 1.0., during 1.00. The Debt Service Coverage Ratio will be calculated and tested quarterly as of the last day of each fiscal year quarter of Borrower, commencing with the fiscal quarter ending described below: Minimum Debt ServiceMarch 31, 2021, for the period of four quarters ended as of such date (a rolling or trailing four quarters basis).
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Minimum Debt Service Coverage Ratio. The Commencing with the month ending March 31, 2004 and each month ending thereafter, Borrower will maintain, as of each year end, shall maintain a Debt Service Coverage Ratio of not less than 1.1 1.50 to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Sento Corp
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, a maintain its Debt Service Coverage Ratio Ratio, determined on December 31 for the period from the beginning of the calendar year containing such date to such date, at not less than 1.1 (i) 0.64 to 1.01.00 on December 31, 2004 and (ii) 1.06 to 1.00 on December 31, 2005 and each December 31 thereafter., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Loan Documents (Pw Eagle Inc)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, maintain a minimum Debt Service Coverage Ratio of not less than 1.1 1.25 to 1.01.0 as calculated quarterly on each Payment Date after the Closing Date, in each case, as measured based on both (i) the quarter then ended and (ii) the twelve month period ending on the last day of such quarter., during each fiscal year ending described below: Minimum Debt Service
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Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each fiscal year end, a Debt Service Coverage Ratio of not less than 1.1 1.15 to 1.0., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit and Security Agreement (MGP Ingredients Inc)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as of each year end, shall maintain a Minimum Debt Service Coverage Ratio of not less than 1.1 1.25 to 1.01.00, measured annually for the 12-month period then ended commencing on December 31, 2007., during each fiscal year ending described below: Minimum Debt Service
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Minimum Debt Service Coverage Ratio. The Borrower will maintain, shall maintain as of each year end, the last day of any calendar quarter a Debt Service Coverage Ratio of not less than 1.1 1.25 to 1.01.00 for the period of four consecutive calendar quarters then ended on such day., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Receivables Loan and Security Agreement (Silverleaf Resorts Inc)
Minimum Debt Service Coverage Ratio. The As of the end of any Fiscal Quarter, commencing with the Fiscal Quarter ending on March 31, 2020, Borrower will maintain, as of each year end, shall maintain a Debt Service Coverage Ratio of not less than 1.1 to 1.01.35:1.00., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Loan and Security Agreement (Siebert Financial Corp)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as and its Subsidiaries shall have on a consolidated basis at the end of each year endFiscal Quarter set forth below, a Debt Service Coverage Ratio for the 12-month period then ended (or with respect to the Fiscal Quarters ending on or before May 31, 2000, the period commencing on June 1, 1999, and ending on the last day of such Fiscal Quarter) of not less than 1.1 to 1.0., during each fiscal year ending described below: Minimum Debt Servicethe following:
Appears in 1 contract
Samples: Credit Agreement (510152 N B LTD)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as shall have at the end of each year endFiscal Quarter and Fiscal Year, a Debt Service Coverage Ratio for the previous four (4) Fiscal Quarters then ended of not less than 1.1 to 1.02.75:1., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit Agreement and Loan Documents (Green Mountain Coffee Roasters Inc)
Minimum Debt Service Coverage Ratio. The Borrower will shall maintain, as of each year endfiscal quarter end calculated for the twelve (12) month period ending on the last day of such fiscal quarter, a Debt Service Coverage Ratio of not less than 1.1 1.20 to 1.01.00., during each fiscal year ending described below: Minimum Debt Service
Appears in 1 contract
Samples: Credit and Security Agreement (Command Security Corp)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as and its Subsidiaries shall have on a consolidated basis at the end of each year endFiscal Quarter set forth below, a Debt Service Coverage Ratio for the 12-month period then ended (or with respect to the Fiscal Quarters ending on or before the end of the Fiscal Quarter ending on or about December 31, 1997, the period commencing on December 29, 1996 and ending on the last day of such Fiscal Quarter) of not less than 1.1 to 1.0., during each fiscal year ending described below: Minimum Debt Servicethe following:
Appears in 1 contract
Samples: Credit Agreement (Key Tronic Corp)
Minimum Debt Service Coverage Ratio. The Borrower will maintain, as Borrower's on a consolidated basis shall have at the end of each year endFiscal Quarter, a Debt Service Coverage Ratio for the 12-month period then ended (or with respect to the Fiscal Quarters ending on or before June 30, 1999, the period commencing on July 1, 1998 and ending on the last day of such Fiscal Quarter) of not less than 1.1 (x) 2.00 to 1.0, for any such period ending on or prior to December 31, 1999, and (y) 1.50 to 1.0, for any such period thereafter., during each fiscal year ending described below: Minimum Debt Service
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