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Common use of Coverage Ratio Clause in Contracts

Coverage Ratio. The Company shall maintain at all times a Coverage Ratio of not less than 1.25 to 1.0.

Appears in 5 contracts

Sources: 364 Day Credit Agreement (Southwest Airlines Co), 364 Day Competitive Advance and Revolving Credit Facility Agreement (Southwest Airlines Co), Credit Facility Agreement (Southwest Airlines Co)

Related Clauses

  • Interest Coverage Ratio
  • Total Leverage Ratio
  • Leverage Ratios
  • Cash Flow Coverage Ratio
  • Cash Flow Leverage Ratio

Parent Clauses

  • Financial Covenants
  • NEGATIVE COVENANTS
  • Covenants
  • Affirmative Covenants
  • Covenants of the Borrower

Sub-Clauses

  • Events of Default
  • Collateral Coverage Ratio
  • Coverage Deficiency
  • Borrower's Title; Liens and Encumbrances
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