Common use of Pro Forma Debt Service Coverage Ratio Clause in Contracts

Pro Forma Debt Service Coverage Ratio. Commencing on the Closing Date, Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through the next measurement date, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through and including December 31, 2007, and greater than or equal to 1.250:1.0 thereafter.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

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Pro Forma Debt Service Coverage Ratio. Commencing on the Closing DateJanuary 1, 2003, ------------------------------------- Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through commencing with the next measurement datefiscal quarter ending March 31, 2003, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through and including December 31, 2007, and greater than or equal to 1.250:1.0 thereafter1.0:1.0.

Appears in 2 contracts

Samples: Credit Agreement (Us Unwired Inc), Credit Agreement (Unwired Telecom Corp)

Pro Forma Debt Service Coverage Ratio. Commencing on the Closing Amendment Date, Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through the next measurement dateoccurring thereafter, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through and including December 31, 2007, and greater than or equal to 1.250:1.0 thereafter1.75:1.00.

Appears in 1 contract

Samples: Credit Agreement (D&e Communications Inc)

Pro Forma Debt Service Coverage Ratio. Commencing on the Closing DateJanuary 1, 2003, Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through commencing with the next measurement datefiscal quarter ending March 31, 2003, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through and including December 31, 2007, and greater than or equal to 1.250:1.0 thereafter1.0:1.0.

Appears in 1 contract

Samples: Credit Agreement (Us Unwired Inc)

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Pro Forma Debt Service Coverage Ratio. Commencing on the Closing Date, Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through the next measurement date, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through and including December 31, 2007, and greater than or equal to 1.250:1.0 thereafter1.50:1.0.

Appears in 1 contract

Samples: Credit Agreement

Pro Forma Debt Service Coverage Ratio. Commencing on the Closing Restructuring Date, Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through the next measurement dateoccurring thereafter, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through 1.75:1.00. Second Amended and including December 31Restated Credit Agreement/D&E Communications, 2007, and greater than or equal to 1.250:1.0 thereafter.Inc.

Appears in 1 contract

Samples: Credit Agreement (D&e Communications Inc)

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