Common use of Coverage Ratio Clause in Contracts

Coverage Ratio. Maintain, with respect to each twelve month period ending on the last day of each fiscal quarter of the Borrower (determined as of the last day of such fiscal quarter), a Coverage Ratio of at least 2.0 to 1.0.

Appears in 5 contracts

Samples: Credit and Reimbursement Agreement (Duquesne Light Holdings Inc), Loan Agreement (Duquesne Light Holdings Inc), Credit Agreement (Duquesne Light Holdings Inc)

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Coverage Ratio. Maintain, with respect to each for the twelve (12) month period ending on the last day of each fiscal quarter of the Borrower (determined as of the last day of such fiscal quarter)Fiscal Quarter, a Coverage Ratio of at least 2.0 not less than 1.75 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Edwards J D & Co), Credit Agreement (Edwards J D & Co)

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Coverage Ratio. MaintainThe Borrower shall maintain, with respect to each twelve month period ending on as of the last day of each fiscal quarter of (commencing with the Borrower (determined as of fiscal quarter ending March 31, 2001), for the last day of immediately preceding four-consecutive-fiscal quarter period ending on such fiscal quarter)day, a Coverage Ratio of at least 2.0 1.20 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Aes Eastern Energy Lp)

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