Common use of Collateral Coverage Ratio Clause in Contracts

Collateral Coverage Ratio. The Collateral Coverage Ratio at any date shall not be less than 3.00:1.0.

Appears in 2 contracts

Sources: Credit and Reimbursement Agreement (Aes Corporation), Credit and Reimbursement Agreement (Aes Corporation)

Collateral Coverage Ratio. The Collateral Coverage Ratio at any date shall not be less than 3.00:1.02.75:1.0 through and including June 30, 2003, and thereafter, shall not be less than 3.00:1.

Appears in 1 contract

Sources: Credit, Reimbursement and Exchange Agreement (Aes Corporation)