Minimum PV 10 to Consolidated Total Debt Ratio. The Company shall not permit the ratio of Net Present Value to Consolidated Total Debt at the end of any fiscal quarter to be less than 1.50 to 1.00.
Appears in 2 contracts
Samples: Term Loan Agreement (Exploration Co of Delaware Inc), Term Loan Agreement (TXCO Resources Inc)
Minimum PV 10 to Consolidated Total Debt Ratio. The Company shall not permit the ratio of Net Present Value to Consolidated Total Debt at the end of any fiscal quarter to be less than 1.25 to 1.00 for each fiscal quarter through the fiscal quarter ending December 31, 2006 and 1.50 to 1.001.00 for each fiscal quarter ending thereafter.
Appears in 1 contract
Samples: Term Loan Agreement (Venoco, Inc.)
Minimum PV 10 to Consolidated Total Debt Ratio. The So long as Indebtedness exists under the Second Lien Term Loan Agreement, the Company shall not permit the ratio of Net Present Value to Consolidated Total Debt at the end of any fiscal quarter to be less than 1.25 to 1.00 for each fiscal quarter through the fiscal quarter ending December 31, 2006 and 1.50 to 1.001.00 for each fiscal quarter ending thereafter.
Appears in 1 contract
Samples: Credit Agreement (Venoco, Inc.)
Minimum PV 10 to Consolidated Total Debt Ratio. The So long as Indebtedness exists under the Second Lien Term Loan Agreement, the Company shall not permit the ratio of Net Present Value to Consolidated Total Debt at the end of any fiscal quarter to be less than 1.50 to 1.00.
Appears in 1 contract
Minimum PV 10 to Consolidated Total Debt Ratio. The Company shall not permit the ratio of Net Present Value to Consolidated Total Debt at the end of any fiscal quarter to be less than 1.50 to 1.00.1.25 to
Appears in 1 contract
Samples: Term Loan Agreement (Venoco, Inc.)
