Collateral Ratio. Upon any advance under the Note, the ratio of the value of the Collateral, as reasonably determined by the Lender, to the outstanding principal then owing under the Note after any such advance will be 1.5 to 1 and will satisfy the margin lending requirements of Regulation U.
Appears in 2 contracts
Sources: Loan Agreement (Chesapeake Energy Corp), Loan Agreement (Chesapeake Energy Corp)