Minimum Net Interest Coverage regarding Portfolio of Gateway Performing Loans Sample Clauses

Minimum Net Interest Coverage regarding Portfolio of Gateway Performing Loans. As of the end of each fiscal quarter, have a ratio of (i) interest earned for the three-month period then ending on the portfolio of Gateway Performing Loans, to (ii) the costs for such three-month period of servicing the portfolio of Gateway Performing Loans plus the interest costs for such three-month period with respect to the Gateway Portfolio Advances, of not less than 1.20 to 1.00.
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Minimum Net Interest Coverage regarding Portfolio of Gateway Performing Loans. As of the end of each fiscal quarter, have a ratio of (i) interest and servicing fees earned for the three-month period then ended with respect to the portfolio of Gateway Performing Loans, to (ii) the sum of (A) fees charged by the Servicer under the Servicing Agreement for such three-month period with respect to the servicing of the portfolio of Gateway Performing Loans, plus (B) the cost of any dedicated servicing staff and any legal costs for such three-month period with respect to the portfolio of Gateway Performing Loans, plus (C) the interest costs under this Agreement for such three-month period with respect to the Gateway Portfolio Advances, of not less than 1.20 to 1.00.

Related to Minimum Net Interest Coverage regarding Portfolio of Gateway Performing Loans

  • 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.

  • 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

  • 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.

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • 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.

  • 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.

  • Minimum Consolidated Fixed Charge Coverage Ratio Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio, determined as at the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2019, to be less than 1.00 to 1.00.

  • 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.

  • Interest Coverage The Borrower shall not permit the ratio of (i) Consolidated EBITDA of the Borrower for any four fiscal quarter period ending on or after June 30, 2008 to (ii) Consolidated Cash Interest Expense of the Borrower for such period to be less than 3.25 to 1.

  • 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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