Common use of Collateral Coverage Ratio Clause in Contracts

Collateral Coverage Ratio. On the Closing Date (and after giving pro forma effect to any Borrowings on such date), the Collateral Coverage Ratio shall not be less than 2.0 to 1.0.

Appears in 22 contracts

Samples: Restatement Agreement, Loan and Guarantee Agreement, Restatement Agreement

AutoNDA by SimpleDocs

Collateral Coverage Ratio. On the Closing Date (and after giving pro forma effect to any Borrowings on such date), the Collateral Coverage Ratio shall not be less than 2.0 to 1.0, as evidenced by a certificate of a Responsible Officer of the Parent.

Appears in 8 contracts

Samples: Loan and Guarantee Agreement, Loan and Guarantee Agreement, Loan and Guarantee Agreement

AutoNDA by SimpleDocs

Collateral Coverage Ratio. On the Closing Restatement Effective Date (and after giving pro forma effect to any Borrowings on such date), the Collateral Coverage Ratio shall not be less than 2.0 to 1.0.

Appears in 7 contracts

Samples: Restatement Agreement (Skywest Inc), Restatement Agreement, Restatement Agreement (Jetblue Airways Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.