Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 to 1 at any time.
Appears in 15 contracts
Sources: Senior Secured Revolving Credit Agreement, Senior Secured Revolving Credit Agreement, Senior Secured Revolving Credit Agreement (Owl Rock Capital Corp)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 to 1 at any time.
Appears in 6 contracts
Sources: Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.), Senior Secured Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp.), Senior Secured Revolving Credit Agreement (Goldman Sachs BDC, Inc.)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 to 1 at any time150%.
Appears in 6 contracts
Sources: Senior Secured Revolving Credit Agreement (Fortress Private Lending Fund), Senior Secured Revolving Credit Agreement (Bain Capital Private Credit), Senior Secured Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 1.50 to 1 at any time.
Appears in 4 contracts
Sources: Senior Secured Credit Agreement (Blue Owl Technology Income Corp.), Senior Secured Credit Agreement (Blue Owl Technology Income Corp.), Senior Secured Credit Agreement (Blue Owl Technology Income Corp.)
Asset Coverage Ratio. The Borrower will shall not permit the Asset Coverage Ratio at as of the last day of any each fiscal quarter of the Borrower to be less than 2.00 1.25 to 1 at any time1.00.
Appears in 3 contracts
Sources: Loan and Security Agreement (K-Sea Transportation Partners Lp), Loan and Security Agreement (K-Sea Transportation Partners Lp), Bridge Loan Agreement (K-Sea Transportation Partners Lp)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at for any period beginning on and including the last day of any fiscal quarter of the Borrower and ending 30 days thereafter to be less than 2.00 4.00 to 1 at any time1.00.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Alleghany Corp /De), 364 Day Revolving Credit Agreement (Alleghany Corp /De)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at to be less than 1.67 : 1.00 as of the last day of any Borrower’s fiscal quarter ending September 30, 2020, and the last day of the Borrower to be less than 2.00 to 1 at any timeeach fiscal quarter thereafter.
Appears in 2 contracts
Sources: Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp), Senior Secured Revolving Credit Agreement (Stellus Capital Investment Corp)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at as of the last day of any Monthly Test Period ending on the last day of each fiscal quarter month of the Borrower to be less than 2.00 1.25 to 1 at any time1.00.
Appears in 1 contract
Sources: Senior Secured Superpriority Debtor in Possession Credit Agreement (EP Energy LLC)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at permit, as of the last day of any fiscal quarter of the Borrower quarter, its Asset Coverage Ratio to be less than 2.00 1.75 to 1 at any time1.0.
Appears in 1 contract
Asset Coverage Ratio. The Borrower will shall not permit the Asset Coverage Ratio at as of the last day of any each fiscal quarter of the Borrower to be less than 2.00 1.333 to 1 at any time1.00.
Appears in 1 contract
Sources: Loan and Security Agreement (K-Sea Transportation Partners Lp)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at to be less than 1.67 : 1.00 as of the last day of any Borrower’s fiscal quarter ending September 30, 2022, and the last day of the Borrower to be less than 2.00 to 1 at any timeeach fiscal quarter thereafter.
Appears in 1 contract
Asset Coverage Ratio. The Borrower will not permit the its Asset Coverage Ratio at to be less than 1.75 to 1.00 as of the last day of any fiscal quarter of the Borrower to be less than 2.00 to 1 at any timequarter.
Appears in 1 contract
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at as of the last calendar day of any fiscal quarter of the Borrower to be less than 2.00 to 1 at any time150%.
Appears in 1 contract
Sources: Unsecured Term Loan Facility Agreement (CION Investment Corp)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 2.001.50 to 1 11.00 at any time.. US-DOCS\81066382.481066382.11
Appears in 1 contract
Sources: Credit Agreement (TCG Bdc, Inc.)
Asset Coverage Ratio. The Borrower will not permit the its Asset Coverage Ratio at Ratio, determined as of the last day of any fiscal quarter of the Borrower each calendar month, to be less than 2.00 to 1 at any time1.25:1.
Appears in 1 contract
Sources: Revolving Loan and Security Agreement (Universal Electronics Inc)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at (i) immediately after any Borrowing hereunder, or (ii) on the last day of any fiscal quarter of the Borrower Borrower, to be less than 2.00 to 1 at any time1.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (New Mountain Finance Corp)
Asset Coverage Ratio. The Borrower will not permit the Asset Coverage Ratio at the last day of any fiscal quarter of the Borrower to be less than 2.00 to 1 at any time1.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Goldman Sachs Middle Market Lending Corp.)