Common use of Minimum Equity Ratio Clause in Contracts

Minimum Equity Ratio. Book Equity is [ ]. Total Assets is [ ]. The ratio of Book Equity to Total Assets is therefore [ ]. The required Equity Ratio is minimum [twenty-two point five per cent. (22.5%)]/[twenty-five per cent. (25%)].

Appears in 1 contract

Sources: Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)

Minimum Equity Ratio. Book Equity is [ ]. Total Assets is [ ]. The ratio of Book Equity to Total Assets is therefore [ ]. The required Equity Ratio is minimum [twenty-two point five thirty per cent. (22.5%)]/[twenty-five per cent. (2530%)].

Appears in 1 contract

Sources: Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)