{"component": "definition", "props": {"groups": [{"samples": [{"hash": "355psbRX1lX", "uri": "/contracts/355psbRX1lX#security-coverage-ratio", "label": "Debenture Trust Deed", "score": 25.0876112252, "published": true}, {"hash": "7LiEug6ErCA", "uri": "/contracts/7LiEug6ErCA#security-coverage-ratio", "label": "Debenture Trust Deed", "score": 25.0369609856, "published": true}, {"hash": "7PwzvKhP1Ax", "uri": "/contracts/7PwzvKhP1Ax#security-coverage-ratio", "label": "Debenture Trust Deed", "score": 25.0164271047, "published": true}], "size": 5, "snippet": "means the ratio between the aggregate value of the:", "snippet_links": [{"key": "aggregate-value", "type": "definition", "offset": [28, 43]}], "hash": "614b5c1daa5ed22da886a8f3255abe3f", "id": 1}, {"samples": [{"hash": "gIStpfYFjj1", "uri": "/contracts/gIStpfYFjj1#security-coverage-ratio", "label": "Debenture Trust Cum Hypothecation Deed", "score": 26.7481177276, "published": true}, {"hash": "pv5Me5xx6z", "uri": "/contracts/pv5Me5xx6z#security-coverage-ratio", "label": "Debenture Trust Cum Hypothecation Deed", "score": 26.7344284736, "published": true}, {"hash": "c9ffbZ0Fghz", "uri": "/contracts/c9ffbZ0Fghz#security-coverage-ratio", "label": "Debenture Trust Cum Hypothecation Deed", "score": 26.6700889802, "published": true}], "size": 3, "snippet": "means the ratio between the aggregate value of the:\n(a) net fixed assets of the Company over which Security is created to secure the Debentures; and\n(b) outstanding indebtedness of the Company which is secured by or agreed to be secured by exclusive/first charge over those fixed assets of the Company.", "snippet_links": [{"key": "aggregate-value", "type": "definition", "offset": [28, 43]}, {"key": "assets-of-the-company", "type": "definition", "offset": [66, 87]}, {"key": "to-secure", "type": "clause", "offset": [119, 128]}, {"key": "the-debentures", "type": "clause", "offset": [129, 143]}, {"key": "indebtedness-of-the-company", "type": "clause", "offset": [165, 192]}, {"key": "agreed-to", "type": "definition", "offset": [216, 225]}, {"key": "first-charge", "type": "clause", "offset": [250, 262]}], "hash": "c157e397c12b10998e5ddb1d3712e8d2", "id": 2}, {"samples": [{"hash": "2Fwqt43oUvs", "uri": "https://www.sec.gov/Archives/edgar/data/1895262/000119312522294359/d424915dex101.htm", "label": "Facility Agreement (Noble Corp PLC)", "score": 19.9089664613, "published": false}, {"hash": "g0xQJ6aVsnL", "uri": "https://d18rn0p25nwr6d.cloudfront.net/CIK-0001895262/9e8071cd-1bd1-4ba5-8f81-4a33f111213a.pdf", "label": "d18rn0p25nwr6d.cloudfront.net", "score": 11.4928131417, "published": false}], "size": 2, "snippet": "means at any relevant time, an amount (expressed as a percentage) which is equal to (A/B) x 100 where A is the aggregate of the Fair Market Values of all the Collateral Rigs (other than any Collateral Rigs to which a Remedy Period applies) and any additional cash or collateral already provided to restore the Minimum Coverage Threshold and B is the Loan outstanding.", "snippet_links": [{"key": "relevant-time", "type": "definition", "offset": [13, 26]}, {"key": "a-percentage", "type": "definition", "offset": [52, 64]}, {"key": "equal-to", "type": "definition", "offset": [75, 83]}, {"key": "fair-market-values", "type": "clause", "offset": [128, 146]}, {"key": "collateral-rigs", "type": "clause", "offset": [158, 173]}, {"key": "remedy-period", "type": "definition", "offset": [217, 230]}, {"key": "additional-cash", "type": "clause", "offset": [248, 263]}, {"key": "minimum-coverage-threshold", "type": "definition", "offset": [310, 336]}, {"key": "loan-outstanding", "type": "definition", "offset": [350, 366]}], "hash": "a1884ce6094c71678e2358c16c9e069b", "id": 3}, {"samples": [{"hash": "7kyp9ugMpKN", "uri": "/contracts/7kyp9ugMpKN#security-coverage-ratio", "label": "Loan Facility Agreement", "score": 29.340862423, "published": true}, {"hash": "69Q7f49sWK0", "uri": "/contracts/69Q7f49sWK0#security-coverage-ratio", "label": "Loan Facility Agreement (Charm Communications Inc.)", "score": 23.4736481862, "published": true}], "size": 2, "snippet": "means, at any time, the ratio of the Security Coverage Amount at that time to the aggregate amount outstanding under Tranche C at that time.", "snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "ratio-of", "type": "clause", "offset": [24, 32]}, {"key": "coverage-amount", "type": "clause", "offset": [46, 61]}, {"key": "aggregate-amount-outstanding", "type": "definition", "offset": [82, 110]}, {"key": "tranche-c", "type": "definition", "offset": [117, 126]}], "hash": "9aa5b330a495226025cece47cee3ab4a", "id": 4}, {"samples": [{"hash": "i3pFryiwJ43", "uri": "https://www.bseindia.com/corporates/download/10134/PPDI_Listing/SPTL%20DTD%20Signed_20210423150930.pdf", "label": "Convertible Debenture", "score": 14.7453798768, "published": false}, {"hash": "26ls415q18l", "uri": "https://www.bseindia.com/corporates/download/10134/Debenture%20Trust%20Deed/SPTL%20DTD%20Signed_20210427211746.pdf", "label": "Debenture Trust Deed", "score": 14.659137577, "published": false}], "size": 2, "snippet": "or \u201cAsset Cover\u201d shall mean the ratio between the aggregate value of the:", "snippet_links": [{"key": "asset-cover", "type": "definition", "offset": [4, 15]}, {"key": "aggregate-value", "type": "definition", "offset": [50, 65]}], "hash": "83e5886ed537c424bbf60c521c7d0ca9", "id": 5}, {"samples": [{"hash": "dAZmWJVdkC5", "uri": "/contracts/dAZmWJVdkC5#security-coverage-ratio", "label": "Debenture Trust Cum Hypothecation Deed", "score": 26.9315537303, "published": true}, {"hash": "b1Xx6kgHYlZ", "uri": "/contracts/b1Xx6kgHYlZ#security-coverage-ratio", "label": "Debenture Trust Cum Hypothecation Deed", "score": 26.8685831622, "published": true}], "size": 2, "snippet": "or \u201cAsset Cover\u201d shall mean the ratio between the aggregate value of the:\n(a) net fixed assets of the Company over which Security is created to secure the Debentures; and\n(b) outstanding indebtedness of the Company which is secured by or agreed to be secured by exclusive/first charge over those fixed assets of the Company.", "snippet_links": [{"key": "asset-cover", "type": "definition", "offset": [4, 15]}, {"key": "aggregate-value", "type": "definition", "offset": [50, 65]}, {"key": "assets-of-the-company", "type": "definition", "offset": [88, 109]}, {"key": "to-secure", "type": "clause", "offset": [141, 150]}, {"key": "the-debentures", "type": "clause", "offset": [151, 165]}, {"key": "indebtedness-of-the-company", "type": "clause", "offset": [187, 214]}, {"key": "agreed-to", "type": "definition", "offset": [238, 247]}, {"key": "first-charge", "type": "clause", "offset": [272, 284]}], "hash": "708606385a011b1a2552897d662e1ec0", "id": 6}, {"samples": [{"hash": "90J6KwfeyQa", "uri": "/contracts/90J6KwfeyQa#security-coverage-ratio", "label": "Loan Agreement (Ultrapetrol Bahamas LTD)", "score": 21.1314168378, "published": true}], "size": 2, "snippet": "means a ratio of the aggregate Fair Market Value of the Mortgaged Vessels to the aggregate principal amount of the UABLPY Loan, the UABLPN Loan and the Loan;", "snippet_links": [{"key": "ratio-of", "type": "clause", "offset": [8, 16]}, {"key": "the-mortgaged-vessels", "type": "clause", "offset": [52, 73]}, {"key": "aggregate-principal-amount", "type": "clause", "offset": [81, 107]}, {"key": "the-loan", "type": "clause", "offset": [148, 156]}], "hash": "6063d7997b9d4d7ea87c83f8417dd373", "id": 7}, {"samples": [{"hash": "1noxcBXepY4", "uri": "/contracts/1noxcBXepY4#security-coverage-ratio", "label": "Lease Agreement (Paragon Offshore PLC)", "score": 25.4209445585, "published": true}], "size": 2, "snippet": "means at any relevant time, the ratio of (i) the Fair Market Value of the Rig plus the balance of the Rental Reserve Account and any additional cash already provided to restore the Asset Coverage Threshold to (ii) the Notional Rent Outstanding. \"Security Documents\" means", "snippet_links": [{"key": "relevant-time", "type": "definition", "offset": [13, 26]}, {"key": "ratio-of", "type": "clause", "offset": [32, 40]}, {"key": "fair-market-value-of-the", "type": "clause", "offset": [49, 73]}, {"key": "reserve-account", "type": "definition", "offset": [109, 124]}, {"key": "additional-cash", "type": "clause", "offset": [133, 148]}, {"key": "asset-coverage", "type": "clause", "offset": [181, 195]}, {"key": "notional-rent", "type": "definition", "offset": [218, 231]}, {"key": "security-documents", "type": "definition", "offset": [246, 264]}], "hash": "ec7e61c6875d2661ba19360bcdc7ecca", "id": 8}, {"samples": [{"hash": "jFgiGbMCjJx", "uri": "https://www.sec.gov/Archives/edgar/data/1848763/000119312521164239/d102215dex1016.htm", "label": "ReNew Energy Global LTD", "score": 19.3757700205, "published": false}], "size": 1, "snippet": "means at the given point of time, the ratio of: (i) the fair market value of the Collateral (including for the avoidance of doubt, the interest service reserve account created pursuant to the Escrow Account Agreement and the amounts deposited in such account), to (ii) the Aggregate Permitted Pari Passu Secured Indebtedness less if a Lien over any Non-Collateral Assets has been created to secure any Permitted Pari Passu Secured Indebtedness (other than Additional Notes), the lower of: (a) the fair market value of such Non-Collateral Assets and (b) such Permitted Pari Passu Secured Indebtedness (which for avoidance of doubt will not include Additional Notes).", "snippet_links": [{"key": "ratio-of", "type": "clause", "offset": [38, 46]}, {"key": "value-of-the-collateral", "type": "clause", "offset": [68, 91]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [103, 129]}, {"key": "interest-service", "type": "definition", "offset": [135, 151]}, {"key": "reserve-account", "type": "definition", "offset": [152, 167]}, {"key": "escrow-account-agreement", "type": "clause", "offset": [192, 216]}, {"key": "amounts-deposited-in", "type": "definition", "offset": [225, 245]}, {"key": "permitted-pari-passu-secured-indebtedness", "type": "definition", "offset": [283, 324]}, {"key": "any-non", "type": "clause", "offset": [345, 352]}, {"key": "collateral-assets", "type": "definition", "offset": [353, 370]}, {"key": "to-secure", "type": "clause", "offset": [388, 397]}, {"key": "additional-notes", "type": "definition", "offset": [456, 472]}, {"key": "for-avoidance-of-doubt", "type": "clause", "offset": [607, 629]}], "hash": "08af3949da8583c8a8352d3b8a08c86d", "id": 9}, {"samples": [{"hash": "g1SG71aDd1F", "uri": "https://www.sec.gov/Archives/edgar/data/1848763/000119312521164239/d102215dex1015.htm", "label": "Indenture (ReNew Energy Global LTD)", "score": 23.3757700205, "published": false}], "size": 1, "snippet": "means, at the given point of time, the ratio of the fair market value of the Collateral (including, for the avoidance of doubt, the interest service reserve account created pursuant to the Escrow Accounts Agreement and the amounts deposited in such account) to the Aggregate Permitted Pari Passu Secured Indebtedness.", "snippet_links": [{"key": "ratio-of", "type": "clause", "offset": [39, 47]}, {"key": "value-of-the-collateral", "type": "clause", "offset": [64, 87]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [100, 126]}, {"key": "interest-service", "type": "definition", "offset": [132, 148]}, {"key": "reserve-account", "type": "definition", "offset": [149, 164]}, {"key": "accounts-agreement", "type": "clause", "offset": [196, 214]}, {"key": "amounts-deposited-in", "type": "definition", "offset": [223, 243]}, {"key": "permitted-pari-passu-secured-indebtedness", "type": "definition", "offset": [275, 316]}], "hash": "dcae93c4b62b6c14d16f774c83341b03", "id": 10}], "next_curs": 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release of any Lien over any Collateral in compliance with the conditions as set forth in Section 10.04(a)(iii) and Section 10.04(a)(iv), the Issuer will provide to the Trustee and the Security Trustee a certificate from its chief financial officer confirming that after giving pro forma effect to such release, the <strong>Security Coverage Ratio</strong> would not be less than 1.0 as of the most recent preceding SCR Test Date."], "related": [["cash-flow-coverage-ratio", "Cash Flow Coverage Ratio", "Cash Flow Coverage Ratio"], ["asset-coverage-ratio", "Asset Coverage Ratio", "Asset Coverage Ratio"], ["debt-coverage-ratio", "Debt Coverage Ratio", "Debt Coverage Ratio"], ["interest-coverage-ratio", "Interest Coverage Ratio", "Interest Coverage Ratio"], ["coverage-ratio", "Coverage Ratio", "Coverage Ratio"]], "related_snippets": [], "updated": "2025-07-07T00:35:48+00:00"}, "json": true, "cursor": ""}}