Common use of Asset Coverage Clause in Contracts

Asset Coverage. The Obligors account for greater than 85% of Consolidated Assets and greater than 85% of Consolidated Revenue.

Appears in 5 contracts

Sources: Credit Facilities Agreement (Versamet Royalties Corp), Credit Agreement (Versamet Royalties Corp), Credit Agreement (Versamet Royalties Corp)

Asset Coverage. The Obligors account for a percentage equal to or greater than 85% of Consolidated Assets and a percentage equal to or greater than 85% of Consolidated Revenue.

Appears in 1 contract

Sources: Credit Facility (Vox Royalty Corp.)