Single Participating Partnership Collateral Coverage Covenant. The ratio of PDP PV9 of each Participating Partnership over the Xxxx-to-Market Exposure of the Swap Agreements of such Participating Partnership shall not be less than 2.50 to 1.0 as of each Calculation Date.
Appears in 3 contracts
Samples: Credit Agreement (Titan Energy, LLC), Credit Agreement (Atlas Resource Partners, L.P.), Credit Agreement (Atlas Resource Partners, L.P.)
Single Participating Partnership Collateral Coverage Covenant. The ratio of PDP PV9 (as defined in the Intercreditor Agreement) of each Participating Partnership over the Xxxx-to-Market Exposure (as defined in the Intercreditor Agreement) of the Swap Agreements of such Participating Partnership shall not be less than 2.50 to 1.0 as of each Calculation DateDate (as defined in the Intercreditor Agreement).
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