Common use of Minimum Debt Service Coverage Clause in Contracts

Minimum Debt Service Coverage. Permit, as of the last day of each fiscal quarter, the ratio of Borrower's consolidated Debt Service Coverage Ratio for the twelve consecutive months ending with such quarter end, to be less 1.25 to 1.0.

Appears in 1 contract

Sources: Loan and Security Agreement (White Electronic Designs Corp)

Minimum Debt Service Coverage. PermitBorrower shall not permit, as of the last day of each any fiscal quarterquarter of Borrower, the ratio of Borrower's consolidated Debt Service Coverage Ratio for the twelve consecutive months ending with such quarter end, to be less 1.25 to 1.0.

Appears in 1 contract

Sources: Loan and Security Agreement (Dallas Gold & Silver Exchange Inc /Nv/)

Minimum Debt Service Coverage. Permit, as As of the last day of each any fiscal quarter, the ratio of Borrower's consolidated Consolidated Debt Service Coverage Ratio of the Borrower and its Consolidated Subsidiaries for the twelve period of four consecutive months fiscal quarters ending with on such quarter end, last day to be less 1.25 than 1.2 to 1.0.1:

Appears in 1 contract

Sources: Loan and Security Agreement (Meadowcraft Inc)

Minimum Debt Service Coverage. Permit, as of the last day of each fiscal quarter, the ratio of Borrower's consolidated Debt Service Coverage Ratio for the twelve consecutive months ending with such quarter end, to be less than 1.25 to 1.0.

Appears in 1 contract

Sources: Modification Agreement (White Electronic Designs Corp)