Skip to main content

Download Form

Cash Flow to Interest Coverage Ratio Covenant Sample Clause

Description: Coverage tests are financial covenants that relate to a company's ability to service its debt out of income or cash flow. This sample clause provides ratios of adjusted consolidated cash flow to consolidated net interest a borrower must maintain, as well as sample definitions of key terms.
Form Type: Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 129786
Keywords: "cash flow"; "debt service"; "coverage ratio"; covenant; "total debt coverage ratio"; "consolidated free cash flow"; "consolidated capital expenditures"; "net working investment"; "testing date"; "testing period"; "total debt service"; "working capital commitments"; "working capital loans"
Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at PLUS@pli.edu.