Common use of Minimum Debt Coverage Ratio Clause in Contracts

Minimum Debt Coverage Ratio. Maintain a minimum Debt Coverage Ratio, measured on a rolling twelve-month basis as of the last day of each month, of not less than 1.25 to 1.00 for the period beginning on January 31, 2004 and thereafter;

Appears in 2 contracts

Samples: Loan and Security Agreement (Refac Optical Group), Loan and Security Agreement (U S Vision Inc)

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Minimum Debt Coverage Ratio. Maintain a minimum Debt Coverage Ratio, measured on a rolling twelve-month basis as of the last day of each month, of not less than 1.25 1.10 to 1.00 for the period beginning on January 31, 2004 2006 and thereafter;; and

Appears in 1 contract

Samples: Loan and Security Agreement (Refac Optical Group)

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Minimum Debt Coverage Ratio. Maintain a minimum Debt Coverage Ratio, measured on a rolling twelve-month basis as of the last day of each month, of not less than 1.25 1.10 to 1.00 for the period beginning on January 31, 2004 2005 and thereafter;

Appears in 1 contract

Samples: Loan and Security Agreement (Refac Optical Group)

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