Common use of Senior Debt Service Coverage Ratio Clause in Contracts

Senior Debt Service Coverage Ratio. Permit the Senior Debt Service Coverage Ratio to be less than 1.20:1.00, as of the end of each fiscal quarter of Borrower on a trailing twelve-month basis.

Appears in 2 contracts

Samples: Credit Agreement (Fuelcell Energy Inc), Credit Agreement (Fuelcell Energy Inc)

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Senior Debt Service Coverage Ratio. Permit the Senior Debt Service Coverage Ratio to be less than 1.20:1.00, as of the end of each fiscal quarter of Borrower on a trailing twelve-month basisBorrower, determined for the Measurement Period applicable to such fiscal quarter as set forth in the definition of “Measurement Period.” .

Appears in 1 contract

Samples: Credit Agreement (Fuelcell Energy Inc)

Senior Debt Service Coverage Ratio. Permit the Senior Debt Service Coverage Ratio to be less than 1.20:1.00, as of the end of each fiscal quarter of Borrower on a trailing twelve-month basisBorrower, determined for the Measurement Period applicable to such fiscal quarter as set forth in the definition of Measurement Period.

Appears in 1 contract

Samples: Credit Agreement (Fuelcell Energy Inc)

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Senior Debt Service Coverage Ratio. Permit the The Borrower Entities, on a consolidated basis, shall maintain a Senior Debt Service Coverage Ratio to be of not less than 1.20:1.00, 1.30:1.00 as of the end of each fiscal quarter, commencing with the fiscal quarter of Borrower on a trailing twelve-month basisending September 30, 2014.

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Foundation Healthcare, Inc.)

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