Common use of Minimum Debt Service Coverage Ratio Clause in Contracts

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) of the Credit Agreement, as of the Reporting Date, the Companies’ Debt Service Coverage Ratio was to 1.00 which o satisfies o does not satisfy the requirement that such ratio be no less than to 1.00 on the Reporting Date as set forth in table below:

Appears in 2 contracts

Samples: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)

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Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) 6.13 of the Credit Agreement, as of the Reporting Date, the CompaniesBorrowers’ Debt Service Coverage Ratio was _____ to 1.00 which o |_| satisfies o |_| does not satisfy the requirement that such ratio be no less than 1.10 to 1.00 on the Reporting Date as set forth in table below:for fiscal year 2004.

Appears in 2 contracts

Samples: Credit and Security Agreement (Medtox Scientific Inc), Credit and Security Agreement (Medtox Scientific Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) 6.19 of the Credit Agreement, as of the Reporting Date, the Companies’ Borrower's Debt Service Coverage Ratio was _____ to 1.00 which o [ ] satisfies o [ ] does not satisfy the requirement that such ratio be no less than ______ to 1.00 on the Reporting Date as set forth in table below:: Fiscal Quarter Ending on Minimum Debt Service or about Coverage Ratio ------------------------ -------------------- March 31, 2001 1.5 to 1.00 June 30, 2001 1.5 to 1.00 September 30, 2001 1.1 to 1.00 December 31, 2001 1.1 to 1.00

Appears in 1 contract

Samples: Credit and Security Agreement (Sheldahl Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) 6.13 of the Credit Agreement, as of the Reporting Date, the CompaniesBorrowers’ Debt Service Coverage Ratio was _____ to 1.00 which o |_| satisfies o |_| does not satisfy the requirement that such ratio be no less than ______ to 1.00 on the Reporting Date as set forth in table below:: Minimum Debt Service Coverage Ratio

Appears in 1 contract

Samples: Credit and Security Agreement (Medtox Scientific Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a6.2(b) of the Credit Agreement, as of the Reporting Date, the Companies’ Borrower’s Debt Service Coverage Ratio was [ ] to 1.00 1.00, which o ¨ satisfies o ¨ does not satisfy the requirement that that, for the period from the first day of the fiscal year containing the following indicated months to the last day of such month, such ratio be no was not less than to 1.00 on the Reporting Date as ratio set forth opposite such month in the table below:

Appears in 1 contract

Samples: Credit and Security Agreement (Delphax Technologies Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a6.2(b) of the Credit Agreement, as of the Reporting Date, the Companies’ Borrower’s Debt Service Coverage Ratio was [___] to 1.00 which o satisfies o 1.00, whicho satisfieso does not satisfy the requirement that such ratio be no less than to 1.00 the applicable ratio set forth in the table below on the Reporting Date as set forth in table belowDate:

Appears in 1 contract

Samples: Credit and Security Agreement (Hei Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) 6.13 of the Credit Agreement, as of the Reporting Date, the CompaniesBorrowers’ Debt Service Coverage Ratio was _____ to 1.00 which o |_| satisfies o |_| does not satisfy the requirement that such ratio be no less than 1.10 to 1.00 on the Reporting Date as set forth in table below:for fiscal year 2005.

Appears in 1 contract

Samples: Credit and Security Agreement (Medtox Scientific Inc)

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Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a6.2(b) of the Credit Agreement, as of the Reporting Date, the CompaniesBNC’s and its Subsidiaries’ Debt Service Coverage Ratio on a consolidated basis was [______ _] to 1.00 1.00, which o * satisfies o * does not satisfy the requirement that such ratio be no less than 1.50 to 1.00 on the Reporting Date as set forth in table below:Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Boots & Coots International Well Control Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) 6.15 of the Credit Agreement, as of the Reporting Date, the Companies’ Borrower's Debt Service Coverage Ratio was _____ to 1.00 which o satisfies o does not satisfy the requirement that such ratio be no less than 1.25 to 1.00 on the Reporting Date as set forth in table below:Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Atrix Acquisition Corp)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) ----------------------------------- 6.14 of the Credit Agreement, as of the Reporting Date, the Companies’ Borrower's Debt Service Coverage Ratio was _____ to 1.00 which o [ ] satisfies o [ ] does not satisfy the requirement that such ratio be no less than 2.75 to 1.00 on the Reporting Date as set forth in table below:Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Act Teleconferencing Inc)

Minimum Debt Service Coverage Ratio. Pursuant to Section 6.2(a) 6.14 of the Credit Agreement, as of the Reporting Date, the Companies’ Borrower's Debt Service Coverage Ratio was ______ to 1.00 which o [ ] satisfies o [ ] does not satisfy the requirement that such ratio be no less than 2.00 to 1.00 on the Reporting Date as set forth in table below:Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Vari L Co Inc)

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