Common use of Debt Service Coverage Ratio Covenant Clause in Contracts

Debt Service Coverage Ratio Covenant. Commencing on March 31, 2020, Borrower shall at all times thereafter maintain a Debt Service Coverage Ratio greater than or equal to the Debt Service Coverage Ratio (Minimum).

Appears in 1 contract

Sources: Construction Loan Agreement (Stratus Properties Inc)

Debt Service Coverage Ratio Covenant. Commencing on March December 31, 20202019, Borrower shall at all times thereafter maintain a Debt Service Coverage Ratio greater than or equal to the Debt Service Coverage Ratio (Minimum).

Appears in 1 contract

Sources: Construction Loan Agreement (Stratus Properties Inc)