Minimum TIER. The Borrower shall at no time permit the average of the TIERs for the six (6) immediately preceding fiscal quarters of the Borrower to be less than 1.025:1.00, provided, that non-cash income and expenses of the Borrower related to SFAS 133 shall be excluded from the calculation thereof to the extent otherwise included therein.
Appears in 3 contracts
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Minimum TIER. The Borrower shall at no time permit the average of the TIERs for the six (6) immediately preceding fiscal quarters of the Borrower to be less than 1.025:1.001.025 1.00, provided, that non-cash income and expenses of the Borrower related to SFAS 133 shall be excluded from the calculation thereof to the extent otherwise included therein.
Appears in 1 contract
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Minimum TIER. The Borrower shall at no time permit the average of the TIERs for the six (6) immediately preceding fiscal quarters of the Borrower to be less than 1.025:1.00, ; provided, that non-cash income and expenses of the Borrower related to SFAS 133 shall be excluded from the calculation thereof to the extent otherwise included therein.
Appears in 1 contract
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
