Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers will not permit the Debt Service Coverage Ratio to be less than 1.25 to 1.00.
Appears in 5 contracts
Samples: Subordinated Credit Agreement (Local Bounti Corporation/De), Credit Agreement (Local Bounti Corporation/De), Credit Agreement (Local Bounti Corporation/De)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers will Borrower shall not permit the its Debt Service Coverage Ratio to be less than 1.25 to 1.00, determined as of the end of each fiscal quarter and fiscal year-end on a rolling four-quarter basis, beginning September 30, 2008, and continuing as of the end of each fiscal quarter and fiscal year thereafter, all as calculated by Bank in its reasonable discretion.
Appears in 3 contracts
Samples: Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.), Credit Agreement (Energy Inc.)
Minimum Debt Service Coverage Ratio. Commencing September As of the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2025, and as of the last day of each calendar quarter thereafter2021, the Borrowers will shall not permit the Debt Service Coverage Ratio Ratio, determined on a consolidated basis for the Consolidated Parties, to be less than 1.25 2.00 to 1.00.
Appears in 3 contracts
Samples: Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Credit Agreement (CorEnergy Infrastructure Trust, Inc.), Credit Agreement (CorEnergy Infrastructure Trust, Inc.)
Minimum Debt Service Coverage Ratio. Commencing September Beginning with the calendar quarter ending June 30, 2025, and as of the last day of each calendar quarter thereafter2000, the Borrowers will not permit the allow their consolidated Debt Service Coverage Ratio to ever be less than 1.25 1.20 to 1.001.0.
Appears in 2 contracts
Samples: Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as As of the last day of each calendar quarter thereafterFiscal Quarter of the Borrower commencing with the Fiscal Quarter ending September 30, 2015, the Borrowers will Borrower shall not permit the Debt Service Coverage Ratio to be less than 1.25 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Monmouth Real Estate Investment Corp), Credit Agreement (Monmouth Real Estate Investment Corp)
Minimum Debt Service Coverage Ratio. Commencing September 30The Borrower will not, 2025, and as of the last day of each calendar quarter thereafterany Fiscal Quarter (commencing with the Fiscal Quarter ending September 30, the Borrowers will not 2023), permit the Debt Service Coverage Ratio to be less than 1.25 1.05 to 1.00.
Appears in 2 contracts
Samples: Revolving Credit Agreement (BKV Corp), Credit Agreement (BKV Corp)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers Borrower will not permit the Debt Service Coverage Ratio as of the last day of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2019, to be less than 1.25 1.10 to 1.00.. ARTICLE VII
Appears in 1 contract
Samples: Credit Agreement (Ugi Corp /Pa/)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers The Borrower will not permit the Debt Service Coverage Ratio Ratio, as of the last day of any Fiscal Quarter commencing with June 30, 2015, to be less than 1.25 to 1.00.
Appears in 1 contract
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers Borrower will not permit the Debt Service Coverage Ratio as of the last day of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2019, to be less than 1.25 1.10 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Ugi Corp /Pa/)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as As of the last day of each calendar quarter thereafterFiscal Quarter of the Borrower commencing with the Fiscal Quarter ending September 30, 2019, the Borrowers will Borrower shall not permit the Debt Service Coverage Ratio to be less than 1.25 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Monmouth Real Estate Investment Corp)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers will The Obligors shall not permit the Debt Service Coverage Ratio to be less than 1.25 1.30 to 1.00, calculated as of the end of each fiscal quarter after the Closing Date based upon the immediately preceding four fiscal quarters with the exception of the fiscal quarters ending June 30, 2012 and September 30, 2012, during which periods the Debt Service Coverage Ratio shall not be permitted to be less than 1.20 to 1.00.
Appears in 1 contract
Minimum Debt Service Coverage Ratio. Commencing September 30March 31, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers will not permit the Debt Service Coverage Ratio to be less than 1.25 to 1.00.
Appears in 1 contract
Samples: Subordinated Credit Agreement (Leo Holdings III Corp.)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers will not permit Permit the Debt Service Coverage Ratio of the Borrower to be less than 1.25 1.20:1 on October 31, 2000, or less than 1.25:1 at any time thereafter, such Debt Service Coverage Ratio to 1.00measured on a quarterly basis."
Appears in 1 contract
Samples: Loan and Security Agreement (Airport Systems International Inc)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers Borrower will not permit the Debt Service Coverage Ratio as of the last day of each fiscal quarter, commencing with the fiscal quarter ending December 31, 2019, to be less than 1.25 1.10 to 1.00.. β
Appears in 1 contract
Samples: Credit Agreement (Ugi Corp /Pa/)
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of the last day of each calendar quarter thereafter, the Borrowers The Borrower will not permit the Debt Service Coverage Ratio Ratio, as of the last day of any Fiscal Quarter, commencing with December 31, 2019, to be less than 1.25 to 1.00.
Appears in 1 contract
Minimum Debt Service Coverage Ratio. Commencing September 30, 2025, and as of Beginning with the last day of each calendar quarter thereafterending December 31, 2001, the Borrowers will not permit the allow their consolidated Debt Service Coverage Ratio to ever be less than 1.25 1.20 to 1.001.0.
Appears in 1 contract
