Common use of Minimum Asset Coverage Ratio Clause in Contracts

Minimum Asset Coverage Ratio. Borrower shall maintain an Asset Coverage Ratio, as measured as of the last day of each Fiscal Quarter of Borrower, of at least 1.0 to 1.0.

Appears in 2 contracts

Sources: Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp)

Minimum Asset Coverage Ratio. Borrower shall maintain an Asset Coverage Ratio, as measured as of the last day of each Fiscal Quarter fiscal quarter of Borrower, of at least 1.0 to 1.0.

Appears in 2 contracts

Sources: Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp)

Minimum Asset Coverage Ratio. Borrower shall maintain an Asset Coverage Ratio, as measured as of the last day of each Fiscal Quarter calendar month, an Asset Coverage Ratio of Borrower, of at least 1.0 not less than 1.25 to 1.01.00.

Appears in 1 contract

Sources: Loan and Security Agreement (NTN Buzztime Inc)