Common use of Minimum Collateral Coverage Ratio Clause in Contracts

Minimum Collateral Coverage Ratio. The Borrower shall not permit the Collateral Coverage Ratio to be less than 125% at any time; provided, however, that if at any time, it is determined that the Borrower is not in compliance with the minimum Collateral Coverage Ratio, the Borrower shall, within fifteen (15) Business Days of the date of such determination, prepay the Loan or deposit additional Cure Collateral pursuant to Section 5.8(c), in each case in an amount sufficient to enable the Borrower to comply with the minimum Collateral Coverage Ratio.

Minimum Collateral Coverage Ratio. The Borrower shall not permit the Collateral Coverage Ratio to be less than 125% at any time; provided, however, that if at any time, it is determined that the Borrower is not in compliance with the minimum Collateral Coverage Ratio, the Borrower shall, within fifteen (15) Business Days of the date of such determination, prepay the Loan and/or deposit or deposit pledge additional Cure Collateral pursuant to Section 5.8(c), in each case in an amount sufficient to enable the Borrower to comply with the minimum Collateral Coverage Ratio.