Borrower Financial Covenants. The Borrower shall ensure that, from the second K-sure Tranche Repayment Date and thereafter, the Debt Service Coverage Ratio for any Relevant Period is not less than 1.10:1.
Borrower Financial Covenants. So long as any Obligations are unpaid or outstanding, any Obligation under the Loan Documents is unperformed or any of the Commitments are in effect, the Borrower and the Guarantors shall not:
Borrower Financial Covenants. The Borrower agrees that so long as the Bonds shall be outstanding, unless waived in writing by the Purchaser:
Borrower Financial Covenants. As of the Closing Date, all Borrower Financial Covenants are satisfied.
Borrower Financial Covenants. During Stage 1:
Borrower Financial Covenants. (i) [Intentionally Omitted]
Borrower Financial Covenants. Subject to normal year-end and closing audit adjustments for calculations or determinations made in accordance with Agreement Accounting Principles prior to the end of a Fiscal Year, the Borrower, on a consolidated basis with the Subsidiaries shall:
Borrower Financial Covenants. Section 11.10 of the Loan Agreement is hereby deleted in its entirety and replaced with the following:
Borrower Financial Covenants. (a) The Borrower covenants and agrees that during the first calendar year following the Closing Date, the Debt Service Coverage Ratio for the Project, as measured as of the end of each calendar quarter for the prior twelve (12) month period and as set forth on the covenant compliance certificate required to be delivered to the Bank pursuant to Exhibit C, Section (c) hereof, shall not be less than 1.30 to 1.00.
Borrower Financial Covenants. The Borrower will not permit:
