Minimum Equity Ratio. The Equity Ratio of the Guarantor (on a consolidated basis) is [·]%. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain an Equity Ratio of minimum twenty-five per cent (25%). The covenant in Clause 14.2.5 (Minimum Equity Ratio) is thus [not] satisfied.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Minimum Equity Ratio. The Equity Ratio of the Guarantor (on a consolidated basis) is [·]%. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain an Equity Ratio of minimum twenty-five per cent (2525.00%). The covenant in Clause 14.2.5 (Minimum Equity Ratio) is thus [not] satisfied.
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Minimum Equity Ratio. The Equity Ratio of Borrower shall procure that the Guarantor (on a consolidated basis) is [·]%. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain an Equity Ratio of minimum twenty-five per cent (25%). The covenant in Clause 14.2.5 (Minimum Equity Ratio) is thus [not] satisfied.”
Appears in 1 contract
Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)
Minimum Equity Ratio. The Equity Ratio of Borrowers shall procure that the Guarantor (on a consolidated basis) is [·]%. The Guarantor (on a consolidated basis) shall at all times during the Security Period maintain an Equity Ratio of minimum twenty-five per cent (25%). The covenant in Clause 14.2.5 (Minimum Equity Ratio) is thus [not] satisfied.”
Appears in 1 contract
Samples: Reducing Revolving Credit Facility Agreement (B Plus H Ocean Carriers LTD)
Minimum Equity Ratio. The Equity Ratio of the Guarantor (on a consolidated basis) is [·]%]%. The Borrower shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain an a Equity Ratio of minimum twenty-five per cent (25%). The covenant in Clause 14.2.5 20.2.4 (Minimum Equity Ratio) is thus [not] satisfied.
Appears in 1 contract
Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)
Minimum Equity Ratio. The Equity Ratio of the Guarantor (on a consolidated basis) is [·]%. The Borrowers shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain an a Equity Ratio of minimum twenty-five per cent (25%). The covenant in Clause 14.2.5 20.2.5 (Minimum Equity Ratio) is thus [not] satisfied.
Appears in 1 contract
Samples: Reducing Revolving Credit Facility Agreement (B Plus H Ocean Carriers LTD)
