Minimum Interest Coverage Ratio of HTGC Sample Clauses

Minimum Interest Coverage Ratio of HTGC. Permit HTGC, on a consolidated basis with its Subsidiaries, to fail to maintain, as measured on the last day of each of its fiscal quarters, an Interest Coverage Ratio for the three (3) fiscal month period then ended that is greater than or equal to 2.00 to 1.00.
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Minimum Interest Coverage Ratio of HTGC. As of the end of the fiscal quarter ended , , HTGC and its Subsidiaries, on a consolidated basis, had an Interest Coverage Ratio for the three (3) fiscal month period then ended of to 1.00, which [is/is not] greater than or equal to the minimum ratio required by Section 7.16(h) of the Loan Agreement for the corresponding period (i.e. 2.00 to 1.00). EXHIBIT D-1 [FORM OF] ACCESSION AGREEMENT Dated as of [ , 20 ] Reference is hereby made to the Loan and Security Agreement, dated as of May 5, 2016 (the “Loan Agreement”), by and among Hercules Funding III, LLC, a Delaware limited liability company (the “Borrower”), the Lenders from time to time party thereto, and MUFG Union Bank, N.A., as Administrative Agent and Arranger (“Bank”). Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Loan Agreement. Pursuant to Section 2.13 of the Loan Agreement, Borrower, Agent and [ ] (the “Acceding Lender”) hereby agree as follows:
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Related to Minimum Interest Coverage Ratio of HTGC

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Unsecured Interest Coverage Ratio As of the last day of any fiscal quarter, the Unsecured Interest Coverage Ratio for the Parent, on a consolidated basis, for the fiscal quarter then ended, annualized, to be less than or equal to 1.75 to 1.00; and

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Asset Coverage Ratio The Borrower will not permit the Asset Coverage Ratio to be less than 2.00 to 1 at any time.

  • Coverage Ratio The Parent will not permit the ratio, determined as of the end of each of its fiscal quarters, for the then most recently ended four fiscal quarters of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, to be less than 3.00 to 1.00 for any period of four consecutive fiscal quarters.

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

  • Debt Coverage Ratio Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 to 1.0.

  • Minimum Fixed Charge Coverage Ratio The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.

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