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Common use of Minimum Equity Ratio Clause in Contracts

Minimum Equity Ratio. The Book Equity of KNOT Offshore Partners LP (on a consolidated basis) to Total Assets is less than 30 %.

Appears in 5 contracts

Sources: Term Loan Facility Agreement (KNOT Offshore Partners LP), Loan and Guarantee Facility Agreement (KNOT Offshore Partners LP), Loan and Guarantee Facility Agreement (KNOT Offshore Partners LP)

Related Clauses

  • Liquidity Ratio
  • Minimum EBITDA
  • Maximum Leverage Ratio
  • Minimum Adjusted EBITDA
  • Minimum Current Ratio

Parent Clauses

  • Financial covenants
  • Repetition
  • Default
  • Covenants
  • Preservation of Equity and Financial Covenants

Sub-Clauses

  • Authorisations
  • Compliance with laws
  • Environmental compliance
  • Laws and safety management
  • Classification
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