Specified Asset Coverage Ratio. WIL-Ireland shall not, as of the last day of any Fiscal Quarter, permit the Specified Asset Coverage Ratio to be less than 4.00 to 1.00.
Appears in 2 contracts
Samples: Day Revolving Credit Agreement (Weatherford International PLC), Credit Agreement (Weatherford International PLC)
Specified Asset Coverage Ratio. WIL-Ireland shall not, as of the last day of any Fiscal QuarterQuarter (commencing with the Fiscal Quarter ending June 30, 2016), permit the Specified Asset Coverage Ratio to be less than 4.00 to 1.00.
Appears in 2 contracts
Samples: Term Loan Agreement (Weatherford International PLC), Credit Agreement (Weatherford International PLC)