Common use of Collateral Coverage Ratio Clause in Contracts

Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is delivered pursuant to clause (2) of Section 5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 14 contracts

Samples: Restatement Agreement, Restatement Agreement, Loan and Guarantee Agreement (Frontier Group Holdings, Inc.)

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Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March March, June, September and September December of each year (beginning with March 2021December 2020) or (y) any date on which an Appraisal is delivered pursuant to clause (2) Error! Reference source not found. of Section 5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 7 contracts

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

Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is delivered pursuant to clause (2) of Section 5.16 ‎5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 4 contracts

Samples: Loan and Guarantee Agreement (Hawaiian Holdings Inc), Restatement Agreement (Skywest Inc), Loan and Guarantee Agreement (United Airlines, Inc.)

Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March March, June, September and September December of each year (beginning with March 2021December 2020) or (y) any date on which an Appraisal is delivered pursuant to clause (2) of Section 5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Loan and Guarantee Agreement

Collateral Coverage Ratio. (i) xxiv.Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is delivered pursuant to clause (2‎(2) of Section 5.16 ‎5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Alaska Air Group, Inc.)

Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is delivered pursuant to clause (2) of Section 5.16 ‎5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a 76 Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Hawaiian Holdings Inc)

Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March and September of each year month (beginning with March 2021October 2020) or (y) any date on which an Appraisal is delivered pursuant to clause (2) of Section 5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Mesa Air Group Inc)

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Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is delivered pursuant to clause (2) 2)‎ of Section 5.16 ‎5.16 (each such date in clauses (x) and ‎and (y)y)‎, a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Jetblue Airways Corp)

Collateral Coverage Ratio. (i) xxiv.Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is delivered pursuant to clause (2) of Section 5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Alaska Air Group, Inc.)

Collateral Coverage Ratio. (i) Within ten (10) Business Days after (x) the last day of March and September of each year (beginning with March 2021) or (y) any date on which an Appraisal is | delivered pursuant to clause (2) of Section 5.16 (each such date in clauses (x) and (y), a “CCR Reference Date” and the tenth Business Day after a CCR Reference Date, a “CCR Certificate Delivery Date”), the Parent shall deliver to the Administrative Agent a certificate of a Responsible Officer of the Parent containing a calculation of the Collateral Coverage Ratio (a “CCR Certificate”).

Appears in 1 contract

Samples: Restatement Agreement (American Airlines, Inc.)

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