Common use of Asset Coverage Clause in Contracts

Asset Coverage. The Company shall maintain, as of the last Business Day of each month, asset coverage (as defined in the ▇▇▇▇ ▇▇▇) with respect to the Senior Securities and Preferred Stock which is equal to or greater than the 1940 Act Asset Coverage.

Appears in 6 contracts

Sources: Master Note Purchase Agreement (Tortoise Pipeline & Energy Fund, Inc.), Note Purchase Agreement (Tortoise MLP Fund, Inc.), Note Purchase Agreement (Tortoise MLP Fund, Inc.)

Asset Coverage. The Company shall maintain, as of the last Business Day of each month, asset coverage (as defined in the ▇▇▇▇ ▇▇▇1940 Act) with respect to the Senior Securities and Preferred Stock which is equal to or greater than the 1940 Act Asset Coverage.

Appears in 4 contracts

Sources: Note Purchase Agreement (Tortoise MLP Fund, Inc.), Note Purchase and Private Shelf Agreement (Tortoise Energy Infrastructure Corp), Note Purchase Agreement (Tortoise Energy Infrastructure Corp)

Asset Coverage. The Company shall maintain, as of the last Business Day of each month, asset coverage (as defined in the 1▇▇▇ ▇▇▇) with respect to the Senior Securities and Preferred Stock which is equal to or greater than the 1940 Act Asset Coverage.

Appears in 1 contract

Sources: Master Note Purchase Agreement (Tortoise Power & Energy Infrastructure Fund Inc)

Asset Coverage. The Company shall maintain, as of the last Business Day of each month, asset coverage (as defined in the ▇▇19▇▇ ▇▇▇) with respect to the Senior Securities and Preferred Stock which is equal to or greater than the 1940 Act Asset Coverage.

Appears in 1 contract

Sources: Master Note Purchase Agreement (Tortoise North American Energy Corp)

Asset Coverage. The Company shall maintain, as of the last Business Day of each month, asset coverage (as defined in the ▇▇▇▇ ▇▇▇) with respect to the Senior Securities and Preferred Stock which is equal to or greater than the 1940 Act Asset Coverage.. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Infrastructure Corporation Note Purchase Agreement

Appears in 1 contract

Sources: Note Purchase Agreement (Tortoise Energy Infrastructure Corp)

Asset Coverage. The Company shall maintain, as of the last Business Day of each month, asset coverage (as defined in the 1▇▇▇ ▇▇▇) with respect to the Senior Securities and Preferred Stock which is equal to or greater than the 1940 Act Asset Coverage.

Appears in 1 contract

Sources: Note Purchase Agreement (Tortoise Midstream Energy Fund, Inc.)