Common use of Minimum Asset Coverage Ratio Clause in Contracts

Minimum Asset Coverage Ratio. Permit the Asset Coverage Ratio on the last day of each Test Period ending after the Third Amendment Effective Date, to be less than 150%.

Appears in 3 contracts

Sources: Credit and Guaranty Agreement (Lument Finance Trust, Inc.), Credit and Guaranty Agreement (Lument Finance Trust, Inc.), Credit and Guaranty Agreement (Lument Finance Trust, Inc.)

Minimum Asset Coverage Ratio. Permit the Asset Coverage Ratio on the last day of each Test Period ending after the Third ThirdSixth Amendment Effective Date, to be less than 150%.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Lument Finance Trust, Inc.)