Common use of Default Ratio Clause in Contracts

Default Ratio. The Default Ratio shall equal or exceed 1.20% on a rolling three-fiscal-month average basis.

Appears in 1 contract

Sources: Loan Agreement (G&k Services Inc)

Default Ratio. The Default Ratio shall equal or exceed 1.201.75% on a rolling three-fiscal-month average basisbasis at any time on or after the date hereof.

Appears in 1 contract

Sources: Loan Agreement (G&k Services Inc)

Default Ratio. The Default Ratio shall equal or exceed 1.202.00% on a rolling three-fiscal-month average basisbasis at any time on or after the date hereof.

Appears in 1 contract

Sources: Loan Agreement (G&k Services Inc)