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Common use of Minimum Debt Service Coverage Clause in Contracts

Minimum Debt Service Coverage. The Borrower shall not at any time permit the Debt Service Coverage Ratio to be less than the Minimum DSCR Hurdle.

Appears in 4 contracts

Sources: Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)

Related Clauses

  • Minimum Debt Service Coverage Ratio
  • Debt Service Coverage
  • Debt Service Coverage Ratio
  • Proof of Insurance Coverage
  • Insurance Coverage Requirements

Parent Clauses

  • Financial Covenants
  • FINANCIAL COVENANTS OF THE BORROWER
  • NEGATIVE COVENANTS
  • AFFIRMATIVE COVENANTS
  • COMPANY'S AFFIRMATIVE COVENANTS

Sub-Clauses

  • Aggregate distributions
  • Loan Documents
  • Opinion of Counsel
  • Survival of Representations and Warranties
  • Controlling Law
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