Common use of Minimum Liquidity Ratio Clause in Contracts

Minimum Liquidity Ratio. A ratio of Liquid Assets to Funded Debt of at least 2.00:1.00, measured at the end of each month.

Appears in 4 contracts

Sources: Term Loan Agreement, Revolving Credit Agreement, Revolving Credit Agreement (Solarcity Corp)

Minimum Liquidity Ratio. A ratio of Liquid Assets to Funded Debt of at least 2.00:1.001.25:1.00, measured at the end of each monthfiscal quarter of the Borrower.

Appears in 1 contract

Sources: Term Loan Agreement (Solarcity Corp)