Common use of Coverage Ratios Clause in Contracts

Coverage Ratios. Borrowers shall not permit (a) the Fixed Charge Coverage Ratio to be less than 2.00 to 1.00; and (b) the Interest Coverage Ratio to be less than 2.00 to 1.00.

Appears in 1 contract

Sources: Loan Agreement (Amresco Inc)

Coverage Ratios. Borrowers shall not permit (a) the Fixed Charge Coverage Ratio to be less than 2.00 1.50 to 1.00; and (b) the Interest Coverage Ratio to be less than 2.00 1.50 to 1.00.

Appears in 1 contract

Sources: Loan Agreement (Amresco Inc)

Coverage Ratios. Borrowers shall not permit (a) the Fixed Charge Coverage Ratio to be less than 2.00 2.50 to 1.00; and (b) the Interest Coverage Ratio to be less than 2.00 3.50 to 1.00.

Appears in 1 contract

Sources: Revolving Loan Agreement (Amresco Inc)