Minimum Value Adjusted Equity Ratio. The Borrowers shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum thirty per cent (30.00%).
Appears in 2 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Credit Agreement (B Plus H Ocean Carriers LTD)
Minimum Value Adjusted Equity Ratio. The Borrowers shall procure that the Guarantor (on a consolidated basis) Borrower shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum thirty forty-five per cent (30.0045.00%).
Appears in 2 contracts
Samples: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)
Minimum Value Adjusted Equity Ratio. The Borrowers Borrower shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum thirty per cent (30.00%).
Appears in 1 contract
Samples: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)
Minimum Value Adjusted Equity Ratio. The Borrowers shall procure that the Guarantor (on a consolidated basis) Borrower shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum thirty thirty-five per cent (30.0035.00%).
Appears in 1 contract
