Minimum Value Adjusted Equity Ratio. The Borrower shall at all times during the Security Period maintain a Value Adjusted Equity Ratio of minimum forty-five per cent (45.00%).
Appears in 2 contracts
Sources: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)
Minimum Value Adjusted Equity Ratio. The Borrower Borrowers shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum forty-five thirty per cent (45.0030.00%).
Appears in 2 contracts
Sources: Loan Agreement (B Plus H Ocean Carriers LTD), Credit Agreement (B Plus H Ocean Carriers LTD)
Minimum Value Adjusted Equity Ratio. The Borrower shall at all times during the Security Period maintain a Value Adjusted Equity Ratio of minimum fortythirty-five per cent (45.0035.00%).
Appears in 1 contract
Minimum Value Adjusted Equity Ratio. The Borrower shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum forty-five thirty per cent (45.0030.00%).
Appears in 1 contract
Sources: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)