Common use of Debt Service Coverage Ratio Clause in Contracts

Debt Service Coverage Ratio. Permit the Debt Service Coverage Ratio to be less than 1.50:1.00 as of the last day of any fiscal quarter.

Appears in 2 contracts

Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)

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Debt Service Coverage Ratio. Permit the Debt Service Coverage Ratio to be less than 1.50:1.00 1.25:1.00 as of the last day of any fiscal quarter, commencing with the fiscal quarter ending June 30, 2015.

Appears in 2 contracts

Samples: Credit Agreement (Orion Energy Systems, Inc.), Credit Agreement (Orion Energy Systems, Inc.)

Debt Service Coverage Ratio. Permit The Company will not permit the Debt Service Coverage Ratio to be less than 1.50:1.00 1.25 to 1.0 as of the last day of any each fiscal quarterquarter of the Company.

Appears in 2 contracts

Samples: Credit Agreement (Universal Health Realty Income Trust), Revolving Credit Agreement (Universal Health Realty Income Trust)

Debt Service Coverage Ratio. Permit The Company will not permit the Debt Service Coverage Ratio to be less than 1.50:1.00 1.25: 1.0, measured as of the last day of any each fiscal quarteryear of the Company, commencing with the fiscal year ending December 31, 2020.

Appears in 2 contracts

Samples: Credit Agreement and Waiver (Pacific Ethanol, Inc.), Credit Agreement and Waiver (Pacific Ethanol, Inc.)

Debt Service Coverage Ratio. Permit The Company will not permit the Debt Service Coverage Ratio to be less than 1.50:1.00 as of the last day of any fiscal quarter.quarter occurring during the fiscal year set forth below to be less than the ratio corresponding to such fiscal year set forth below: For each fiscal quarter ending in the fiscal year set forth below Minimum Debt Service Coverage Ratio 2011 6.0 to 1.0 2012 5.0 to 1.0 2013 4.0 to 1.0 2014 and thereafter 3.0 to 1.0

Appears in 1 contract

Samples: Credit Agreement (Universal Health Realty Income Trust)

Debt Service Coverage Ratio. Permit The Company will not at any time permit the Debt Service Coverage Ratio for each period of four consecutive fiscal quarters ended December 31, 2000 and thereafter to be less than 1.50:1.00 as of the last day of any fiscal quarter1.15 to 1.00.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Energysouth Inc)

Debt Service Coverage Ratio. Permit As of the last day of each fiscal quarter ending on or after March 31, 2023, the Borrower will not permit the Debt Service Coverage Ratio for the most recently completed Measurement Period to be less than 1.50:1.00 as of the last day of any fiscal quarter1.75 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Altus Power, Inc.)

Debt Service Coverage Ratio. Permit The Company will not at any time permit the Debt Service Coverage Ratio for each period of four consecutive fiscal quarters ended December 31, 2000 and thereafter to be less than 1.50:1.00 as of the last day of any fiscal quarter1.25 to 1.00.

Appears in 1 contract

Samples: Trust Indenture and Security Agreement (Energysouth Inc)

Debt Service Coverage Ratio. Permit the Debt Service Coverage Ratio to be less than 1.50:1.00 Ratio, measured as of the last day of any fiscal quarter, to be less than 1.50 to 1.00.

Appears in 1 contract

Samples: Credit and Security Agreement (WMF Group LTD)

Debt Service Coverage Ratio. Permit The Company will not permit the Debt Service Coverage Ratio Ratio, calculated on the basis of a rolling period of four consecutive fiscal quarters, to be less than 1.50:1.00 1.75 to 1.00 as of the last day end of any fiscal quarter.

Appears in 1 contract

Samples: Subsidiary Guarantee Agreement (Manitowoc Co Inc)

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Debt Service Coverage Ratio. Permit The Company will not permit the Debt Service Coverage Ratio to be less than 1.50:1.00 Ratio, as of the last day of any each fiscal quarter, commencing on December 31, 2016, calculated on a trailing four quarter basis, to be less than 1.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Scotts Liquid Gold Inc)

Debt Service Coverage Ratio. Permit the Debt Service Coverage Ratio to be less than 1.50:1.00 1.05 to 1.00, as of the last day of any fiscal quarteryear of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Public Service Co of New Mexico)

Debt Service Coverage Ratio. Permit the The Company will not permit its Debt Service Coverage Ratio to be less than 1.50:1.00 Ratio, as of at the last day of any fiscal quarter.quarter of the Company, to be less than the ratio set forth below opposite the period in which such day occurs: Period Ratio Closing Date to December 30, 2000 1.00 to 1 December 31, 2000 and at all times thereafter 1.50 to 1

Appears in 1 contract

Samples: Credit Agreement (United International Holdings Inc)

Debt Service Coverage Ratio. Permit The Corporate Borrower will not permit the Debt Service Coverage Ratio to be less than 1.50:1.00 Ratio, as of the last day of any fiscal quarteryear for the four consecutive fiscal quarters ending on that date, to be less than 1.15 to 1.

Appears in 1 contract

Samples: Credit Agreement (WTC Industries Inc)

Debt Service Coverage Ratio. Permit The Company will not permit the Debt Service Coverage Ratio at the end of each calendar month to be less than 1.50:1.00 as of the last day of any fiscal quarter1.20.

Appears in 1 contract

Samples: Floor Plan Credit Agreement (Lazy Days R.V. Center, Inc.)

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