Common use of Minimum DSCR Clause in Contracts

Minimum DSCR. The Borrower shall not permit the Debt Service Coverage Ratio to be less than 2.00 to 1.00 as of the last day of any fiscal quarter.”

Appears in 1 contract

Sources: Credit Agreement (United Homes Group, Inc.)

Minimum DSCR. The Borrower shall not permit the Debt Service Coverage Ratio to be less than 2.00 2.50 to 1.00 as of the last day of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (United Homes Group, Inc.)

Minimum DSCR. The Borrower shall not permit the Debt Service Coverage Ratio to be less than 2.00 to 1.00 as of the last day of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (United Homes Group, Inc.)