Security Cover Ratio Sample Clauses

Security Cover Ratio. The Company shall ensure that at all times the Security Cover Ratio shall be at least equal to the Required Security Cover Ratio.
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Security Cover Ratio. (a) The Company undertakes and shall procure that, at all times, until the Final Settlement Date, the Security Cover Ratio (Net) shall not be less than 2.00 (“Required Security Cover Ratio”). (b) The Parties agree and acknowledge that the Security shall not be released until the Final Settlement Date notwithstanding the Security Cover Ratio (Net) being in excess of the Required Security Cover Ratio except in accordance with Clause 7.7 (d) (i) (Permitted Security Release pursuant to a Partial Voluntary Redemption Event).
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Related to Security Cover Ratio

  • Liquidity Coverage Ratio The Seller shall not issue any LCR Security.

  • Liquidity Ratio A Liquidity Ratio of at least 1.50 to 1.00.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • Asset Coverage Ratio The Borrower will not permit the Asset Coverage Ratio to be less than 1.50 to 1 at any time.