Common use of Minimum required security cover Clause in Contracts

Minimum required security cover. Clause 14.2 applies if the Lender notifies the Borrower that the Security Cover Ratio is below 1.25 to 1.

Minimum required security cover. Clause 14.2 applies if the Lender notifies the Borrower Borrowers that the Security Asset Cover Ratio is below 1.25 to 1.

Minimum required security cover. Clause 14.2 applies if the Lender notifies the Borrower Borrowers that the Security Cover Ratio is below 1.25 to 1.