Common use of Interest Coverage Test Clause in Contracts

Interest Coverage Test. The Interest Coverage Test is not satisfied on any ICR Determination Date and such failure continues for three (3) Business Days; or

Appears in 2 contracts

Sources: Omnibus Amendment to Loan Documents (Palmer Square Capital BDC Inc.), Credit Agreement (Palmer Square Capital BDC Inc.)

Interest Coverage Test. The Interest Coverage Test is not satisfied on any ICR Determination Date and such failure continues for three Business Days without the Borrower curing such Interest Coverage Test breach in accordance with Section 2.03(b) (3) Business Daysiii); or

Appears in 2 contracts

Sources: Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Blackstone Secured Lending Fund)

Interest Coverage Test. The Interest Coverage Test is not satisfied on any ICR Determination Date and such failure continues for three (3) Business DaysDays without the Borrower curing such Interest Coverage Test breach in accordance with Section 2.03(b)(iii); or

Appears in 2 contracts

Sources: Credit Agreement (Blackstone Secured Lending Fund), Credit Agreement (Blackstone / GSO Secured Lending Fund)

Interest Coverage Test. The Interest Coverage Test is not satisfied on any ICR Determination Date and such failure continues for three (3) Business DaysDays without the Borrowers curing such Interest Coverage Test breach in accordance with Section 2.03(b)(iii); or

Appears in 1 contract

Sources: Credit Agreement (Blackstone Infrastructure Strategies L.P.)

Interest Coverage Test. The Interest Coverage Test is not satisfied on any ICR Determination Date and such failure continues for three (3) Business DaysDays without the Borrower curing such Interest Coverage Test breach in accordance with Section 2.03(b)(ii); or

Appears in 1 contract

Sources: Credit Agreement (Owl Rock Core Income Corp.)