Common use of Net Interest Coverage Ratio Clause in Contracts

Net Interest Coverage Ratio. The Borrower must ensure that the Net Interest Coverage Ratio is always greater than 2.50 to 1.

Appears in 7 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Seaspan CORP), Credit Facility Agreement (Seaspan CORP)

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Net Interest Coverage Ratio. The Borrower Guarantor must ensure that the Net Interest Coverage Ratio is always greater than 2.50 to 1.

Appears in 1 contract

Samples: Reducing Revolving Credit Facility (Seaspan CORP)

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