Minimum Value Ratio Sample Clauses
Minimum Value Ratio. At the last day of any fiscal quarter of the Borrower, permit the Value Ratio to be less than the ratio set forth below for the applicable fiscal quarter (the “Minimum Value Ratio”):
Related to Minimum Value Ratio
Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.
Loan-to-Value Ratio The fraction, expressed as a percentage, the numerator of which is the original principal balance of the related Mortgage Loan and the denominator of which is the Appraised Value of the related Mortgaged Property.
Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.
Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.
Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.