Examples of Prospective Debt Service Coverage Ratio in a sentence
Maintain, as of each Calculation Date, a Prospective Debt Service Coverage Ratio for each Calculation Date through to the Maturity Date of not less than 1.25:1.00.
The Purchaser will have the right to elect to -------------------- purchase additional MCUs of Purchased Capacity on Segment S-1 (the "Optional Purchased Capacity") at any time, so long as and only to the --------------------------- extent that at such time uncommitted capacity remains available in the Segment S-1.
On the last day of each fiscal quarter of the Borrower, commencing on the last day of the fiscal quarter occurring after the Opening Date, the Borrower will not permit the Prospective Debt Service Coverage Ratio for the Prospective Test Period to be less than 1.35:1.00.
Under the WestLB credit facility agreement, Itafós must maintain certain ratios in respect of the Itafós Arraias SSP Project as follows:• Adjusted Liabilities to Tangible Net Worth ratio must not exceed 0.65.• The Prospective Debt Service Coverage Ratio must be greater than or equal to 1.2 upon completion of construction of the Itafós Arraias SSP Project.
An employee with a minimum of four hundred eighty (480) hours of unused sick leave may, on written notice to the City, donate sick leave time to another employee who has exhausted all sick leave and is in documented need of sick leave due to extended illness or injury.