Minimum Debt Service Coverage Ratio. Borrower shall maintain a Minimum Debt Service Coverage Ratio of not less than 1.10:1.0, measured quarterly based on Borrower’s trailing twelve (12) month operating performance as reflected in Borrower’s fiscal quarterly financial statements.
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Samples: Credit Agreement (Corning Natural Gas Holding Corp), Credit Agreement (Corning Natural Gas Holding Corp), Credit Agreement (Corning Natural Gas Holding Corp)
Minimum Debt Service Coverage Ratio. The Borrower shall maintain will maintain, as of each year end, a Minimum Debt Service Coverage Ratio of not less than 1.10:1.01.1 to 1.0., measured quarterly based on Borrower’s trailing twelve (12) month operating performance as reflected in Borrower’s during each fiscal quarterly financial statements.year ending described below: Minimum Debt Service
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Samples: Credit and Security Agreement (Hei Inc), Credit and Security Agreement (Hei Inc)
Minimum Debt Service Coverage Ratio. Borrower shall maintain Maintain a Minimum minimum Debt Service Coverage Ratio for the Borrower of not less than 1.10:1.01.30 to 1.0, measured quarterly based as shown on Borrower’s trailing twelve (12) month operating performance as reflected in Borrower’s fiscal quarterly each year-end financial statementsstatement for the Borrower provided to the Bank.
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Minimum Debt Service Coverage Ratio. Borrower shall maintain a Minimum minimum Debt Service Coverage Ratio of not less than 1.10:1.0, 1.50 to 1.00 (1.50:1.00) measured quarterly annually based on upon Borrower’s trailing twelve (12) month operating performance as reflected in Borrower’s fiscal quarterly 's annual filed SEC 10-K report. The Debt Service Coverage Ratio applicable to the above financial statements.covenant requirement shall be determined based upon the following formula: Net Profit+ Depreciation + Amortization --------------------------------------- Current Maturity Long-term Debt
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Minimum Debt Service Coverage Ratio. The Borrower shall will maintain a its Debt Service Coverage Ratio, determined as at the end of each quarter, at not less than the ratio set forth opposite such quarter: Fiscal Quarter Ending on or about Minimum Debt Service Coverage Ratio of not less than 1.10:1.0, measured quarterly based on Borrower’s trailing twelve (12) month operating performance as reflected in Borrower’s fiscal quarterly financial statements.8/27/99 0.90 to 1.00
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Minimum Debt Service Coverage Ratio. The Borrower shall maintain a Minimum minimum Debt Service Coverage Ratio of not less than 1.10:1.0Ratio, measured quarterly based on Borrower’s trailing twelve (12) month operating performance as reflected in Borrower’s of the end of any fiscal quarterly financial statements.quarter of the Borrower and for the four fiscal quarters then ended, of 1.10
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