Common use of Payment Events Clause in Contracts

Payment Events. (A) The Loans shall be required to be repaid if the Debt Service Coverage Ratio with respect to any DSCR Determination Date is less than 1.50 to 1.00 or

Appears in 7 contracts

Samples: Restatement Agreement, Restatement Agreement, Restatement Agreement

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Payment Events. (A) The Loans shall be required to be repaid if the Debt Service Coverage Ratio with respect to any DSCR Determination Date is less than 1.50 to 1.00 oror 1.25 to 1.00, as the case may be, as set forth in Section 6.17(c).

Appears in 5 contracts

Samples: Restatement Agreement (Jetblue Airways Corp), Loan and Guarantee Agreement (Frontier Group Holdings, Inc.), Restatement Agreement (American Airlines, Inc.)

Payment Events. (A) The Loans shall be required to be repaid if the Debt Service Coverage Ratio with respect to any DSCR Determination Date is less than 1.50 to 1.00 oror 1.25 to 1.00, as the case may be, as set forth in Section β€Ž6.17(c).

Appears in 3 contracts

Samples: Loan and Guarantee Agreement (Jetblue Airways Corp), Loan and Guarantee Agreement (Hawaiian Holdings Inc), Loan and Guarantee Agreement (Hawaiian Holdings Inc)

Payment Events. (A) a. The Loans shall be required to be repaid if the Debt Service Coverage Ratio with respect to any DSCR Determination Date is less than 1.50 to 1.00 oror 1.25 to 1.00, as the case may be, as set forth in Section 6.17(c).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Alaska Air Group, Inc.)

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Payment Events. (A) a. The Loans shall be required to be repaid if the Debt Service Coverage Ratio with respect to any DSCR Determination Date is less than 1.50 to 1.00 oror 1.25 to 1.00, as the case may be, as set forth in Section β€Ž6.17(c).

Appears in 1 contract

Samples: Loan and Guarantee Agreement (Alaska Air Group, Inc.)

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