Coverage and Amount Sample Clauses

Coverage and Amount. During the Term, Tenant shall maintain policies of insurance at its sole cost and expense as follows:
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Coverage and Amount. The District shall maintain or cause to be maintained rental income or use and occupancy insurance in an amount not less than the maximum remaining scheduled Lease Payments in any future 24-month period, to insure against loss of rental income from the Property caused by perils covered by the insurance required to be maintained as provided in Section 5.3 hereof. Notwithstanding the foregoing, rental interruption insurance will not be provided in connection with earthquake or flood events unless commercially available at a reasonable cost in the judgment of the District. Such rental interruption insurance shall name the Trustee and the Lessor as additionally insured parties and may not be provided in the form of self-insurance.
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Coverage and Amount. Tenant covenants and agrees to pay to Landlord, as additional rent, during the Term of this Lease its pro rata share, to be calculated as hereinafter provided, of premiums for insurance to be procured by Landlord, insuring Landlord, the coverage to be as follows:
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Coverage and Amount. Except as set forth in this Section 4.2(a), RIDA shall not be required to maintain any rental interruption insurance with respect to the Facility for the City’s lost rental income under this Sublease or the JEPA’s lost rental income under the Facility Lease (“Facility Lease Lost Rental Income Insurance”). If the City requests that RIDA procures and maintains Facility Lease Lost Rental Income Insurance, then RIDA shall use commercially reasonable efforts to procure such Facility Lease Lost Rental Income Insurance in accordance with this Section 4.2(a) so long as procuring or maintaining such Facility Lease Lost Rental Income Insurance does not adversely affect any other insurance that RIDA maintains in connection with the Resort Hotel or the Convention Center, including any insurance that RIDA is required to procure and maintain pursuant to any Convention Center Lease, the Project Implementation Agreement, the Ground Lease or any documentation that evidences or secures any Financing Transaction (as defined in the Ground Lease) or any Financing Transaction (“RIDA Baseline Insurance”), it being understood that RIDA may intend to procure some or all of the RIDA Baseline Insurance through a program managed by the Hotel Operator or an affiliate of the Hotel Operator, and RIDA may determine in its reasonable discretion that procuring the RIDA Baseline Insurance other than through such program would have an adverse effect on the RIDA Baseline Insurance. RIDA shall request proposals for Facility Lease Lost Rental Income Insurance after the City requests that RIDA do so, and shall present such proposals to the City for its consideration. If and as needed, RIDA and the City shall meet and confer regarding such proposals. The Parties understand that it may be most efficient for RIDA to procure Facility Lease Lost Rental Income Insurance in conjunction with the RIDA Baseline Insurance. If (i) the City, in its reasonable discretion, selects a proposal for the procurement of such Facility Lease Lost Rental Income Insurance and (ii) RIDA (A) determines that procuring such Facility Lease Lost Rental Income Insurance will not adversely affect any RIDA Baseline Insurance (including RIDA’s ability to procure RIDA Baseline Insurance) or (B) determines in its sole discretion to procure such Facility Lease Lost Rental Income Insurance, then RIDA shall procure such Facility Lease Lost Rental Income Insurance for the applicable policy period (assuming that such Facility Lease Lost...
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Related to Coverage and Amount

  • Minimum Fixed Charge Coverage The ratio of (a) Adjusted EBIT for any Rolling Four Quarter Period to (b) Fixed Charges for the same Rolling Four Quarter Period, to be less than 1.50 to 1.00.

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Minimum Consolidated EBITDA (a) The Borrower will not permit Consolidated EBITDA (i) for the Borrower's fiscal quarter ending closest to June 30, 1997 to be less than $2,500,000 and (ii) for any Test Period ending on the last day of a fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ending Closest To Amount ----------------- ------ September 30, 1997 $5,000,000 December 31, 1997 $5,000,000 March 31, 1998 $5,000,000 June 30, 1998 $5,000,000 September 30, 1998 $5,000,000 December 31, 1998 $5,000,000 March 31, 1999 $5,000,000 June 30, 1999 $5,000,000 -64- September 30, 1999 $ 5,000,000 December 31, 1999 $ 5,000,000 March 31, 2000 $ 5,000,000 June 30, 2000 $10,000,000 September 30, 2000 $15,000,000 December 31, 2000 $15,000,000 March 31, 2001 $15,000,000 June 30, 2001 $15,750,000 September 30, 2001 $16,500,000 December 31, 2001 $16,500,000 March 31, 2002 $16,500,000 June 30, 2002 $16,500,000

  • Minimum Fixed Charge Coverage Ratio The Borrowers shall not permit the Fixed Charge Coverage Ratio to be less than 1.05 to 1.00, measured as of the last day of each Fiscal Quarter for the prior four fiscal quarters subject to adjustments to such measurement period as set forth in the definition of Fixed Charge Coverage Ratio.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.

  • Cash Flow Coverage Ratio Maintain a Cash Flow Coverage Ratio as of the last day of each of its fiscal quarters of not less than 3.25 to 1.

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