Common use of Debt Coverage Ratio Clause in Contracts

Debt Coverage Ratio. Borrower shall maintain on a consolidated basis at all times a Debt Coverage Ratio of not less than 1.25:1.0.

Appears in 2 contracts

Sources: Credit Agreement (Disc Graphics Inc /De/), Credit Agreement (Disc Graphics Inc /De/)

Debt Coverage Ratio. Borrower shall maintain on a consolidated basis at all times a Debt Coverage Ratio of not less than 1.25:1.0, to be tested quarterly on a rolling four quarter basis.

Appears in 2 contracts

Sources: Credit Agreement (Vicon Industries Inc /Ny/), Loan Agreement (Vicon Industries Inc /Ny/)