Interest Cover Ratio. The Borrower will procure that the Group’s Interest Cover Ratio shall be minimum 2.5 : 1 throughout the term of this Agreement.
Appears in 5 contracts
Samples: Common Terms Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement, Common Terms Agreement (Seadrill Partners LLC)
Interest Cover Ratio. The Borrower will procure that the Group’s Interest Cover Ratio shall be minimum 2.5 : 1 throughout the term of this Agreement3.0:1.
Appears in 1 contract
Samples: Credit Facility Agreement (North Atlantic Drilling Ltd.)