Minimum Equity Ratio. The Minimum Equity Ratio of the Borrower on a consolidated basis on the last day of each financial quarter shall be at least 20%.
Appears in 2 contracts
Sources: Term Loan Facility Agreement (Ship Finance International LTD), Amendment Agreement (Ship Finance International LTD)
Minimum Equity Ratio. The Minimum Equity Ratio of the Borrower on a consolidated basis on the last day of each financial quarter Financial Quarter of the Borrower shall be at least 20%.
Appears in 1 contract
Sources: Credit Facility Agreement (Ship Finance International LTD)