Common use of Minimum Collateral Coverage Ratio Clause in Contracts

Minimum Collateral Coverage Ratio. The Borrower will not permit the Collateral Coverage Ratio, as of the last day of any Fiscal Quarter commencing with June 30, 2015, to be less than 1.50 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Seacor Holdings Inc /New/)

Minimum Collateral Coverage Ratio. The Borrower will Borrowers shall not permit the Collateral Coverage Ratio, Ratio to be less than 1.50 to 1.00 as of the last day of any Fiscal Quarter commencing with June 30, 2015, to be less than 1.50 to 1.00calendar month.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Americas Carmart Inc)

Minimum Collateral Coverage Ratio. The Borrower will not permit the Collateral Coverage Ratio, as of the last day of any Fiscal Quarter commencing with June 30December 31, 20152019, to be less than 1.50 to 1.001.00 (the “Minimum Collateral Coverage Ratio”).

Appears in 1 contract

Sources: Credit Agreement (Seacor Holdings Inc /New/)