Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Contango Oil & Gas Co)
Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX EBITDA to (b) Debt Service the sum of monthly Borrowing Base reductions plus interest to be less than 2.50 1.0 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (NPC Holdings Inc)
Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 to 1.0.. Actual
Appears in 1 contract
Debt Coverage Ratio. Permit, as of the close of any fiscal ------------------- quarter, the ratio of (a) quarterly EBITDAX EBITDA for each quarter to (b) Debt Service for each quarter to be less than 2.50 1.20 to 1.0.
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Debt Coverage Ratio. Permit, as of the close of any fiscal quarter, the ratio of (a) quarterly EBITDAX to (b) Debt Service to be less than 2.50 1.75 to 1.0.β
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