Common use of Minimum Asset Coverage Ratio Clause in Contracts

Minimum Asset Coverage Ratio. The Company will not permit the Asset Coverage Ratio, as of the last day of each of its fiscal quarters, to be less than 1.50 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (Insight Enterprises Inc), Credit Agreement (Insight Enterprises Inc)

Minimum Asset Coverage Ratio. The Company will shall not suffer or permit the Asset Coverage Ratio, at as of the last day of each any fiscal quarter the Minimum Asset Coverage Ratio of its fiscal quarters, the Company to be less than 1.50 to be less than 1.05 to 1.00.

Appears in 1 contract

Sources: Note Purchase Agreement (Nn Inc)

Minimum Asset Coverage Ratio. The Company will not permit the Asset Coverage Ratio, as of the last day of each of its fiscal quarters, to be less than 1.50 1.75 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Insight Enterprises Inc)