Collateral Coverage Ratio Certificate definition

Collateral Coverage Ratio Certificate means an Officer’s Certificate calculating the Collateral Coverage Ratio substantially in the form of Exhibit H hereto.
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Collateral Coverage Ratio Certificate means an Officer’s Certificate of the Borrower setting forth in reasonable detail the calculation of the Collateral Coverage Ratio.
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Collateral Coverage Ratio Certificate means an Officer’s Certificate calculating the Collateral Coverage Ratio substantially in the form of Exhibit L hereto.
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Examples of Collateral Coverage Ratio Certificate in a sentence

  • On the date of such Loan or the issuance of such Letter of Credit hereunder (and after giving pro forma effect thereto), the Collateral Coverage Ratio shall not be less than 1.6 to 1.0 as evidenced by the delivery of a Collateral Coverage Ratio Certificate to the Administrative Agent demonstrating such compliance.

  • On the date of such Loan or the issuance of such Letter of Credit hereunder (and after giving pro forma effect thereto), the Collateral Coverage Ratio shall not be less than 1.6 to 1.0, as evidenced by the delivery of a Collateral Coverage Ratio Certificate to the Administrative Agent demonstrating such compliance.

  • The undersigned hereby certifies, on behalf of the Borrower, that the Collateral Coverage Ratio as of [insert applicable Reference Date] is [ ] to 1.0. [and that the Collateral includes at least one category of Core Collateral3]]4 1 For Collateral Coverage Ratio Certificate delivered pursuant to Section 4.02(d) of the Credit Agreement.

  • If the Borrower elects not to deliver a Collateral Coverage Ratio Certificate pursuant to Section 5.01(f), the Borrower shall not receive any disbursements from the Lockbox Account until the Borrower delivers a Collateral Coverage Ratio Certificate and complies with the Collateral Coverage Ratio for each corresponding period set forth below.

  • The undersigned hereby certifies, on behalf of the Borrower, that the Collateral Coverage Ratio as of [insert applicable date of Disposition of Collateral], giving pro forma effect to such Disposition of Collateral and any actions taken pursuant to Section 6.04(ii)(B)(II), is [ ] to 1.0.]2 1 For Collateral Coverage Ratio Certificate delivered pursuant to Section 4.02(d) of the Credit Agreement.

  • The undersigned hereby certifies, on behalf of the Borrower, that the Collateral Coverage Ratio as of the date hereof, giving pro forma effect to such release and any actions taken pursuant to Section 6.09(c)(B)(y), is [ ] to 1.0.]4 1 For Collateral Coverage Ratio Certificate delivered pursuant to Section 4.02(d) of the Credit Agreement.


More Definitions of Collateral Coverage Ratio Certificate

Collateral Coverage Ratio Certificate means a certificate, signed on behalf of the Company by any one of the officers of the Company permitted to sign an Officer’s Certificate, calculating the Collateral Coverage Ratio in accordance with this Indenture.
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Collateral Coverage Ratio Certificate means the certificate delivered under Section 5.01(f).
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Collateral Coverage Ratio Certificate means an Officer’s Certificate of the Borrower setting forth in reasonable detail the calculation of the Collateral Coverage Ratio. UAL Term Loan Credit Agreement 2020
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Related to Collateral Coverage Ratio Certificate

  • Collateral Coverage Ratio means (i) the aggregate value of any relevant collateral security, including the pro rata value of any shared collateral, divided by (ii) the outstanding aggregate principal amount of the relevant debt.

  • Debt Service Coverage Ratio means a ratio for the applicable period in which:

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • Interest Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Unencumbered Interest Coverage Ratio means the ratio of (a) the Unencumbered Adjusted NOI to (b) the Unsecured Interest Expense for the immediately preceding calendar quarter.