Required Performance

Example Definitions of "Required Performance"
Required Performance. That either (i) the unpaid principal balance of the Loans is less than $20,000,000 or (ii) all of the following are true: (A) the Consolidated Pre-Compensation FCCR for Parent and its consolidated Affiliates as of the last day of the most recent Fiscal Quarter ending prior to the date of determination is at least 1.20:1.00; (B) the Consolidated Post-Compensation FCCR of Parent and its consolidated Affiliates as of the last day of the most recent Fiscal Quarter ending prior to the date of... determination is at least 1.00:1.00; (C) the Pre-Compensation FCCR (GE Collateral Pool) of Borrower as of the last day of the most recent Fiscal Quarter ending prior to the date of determination is at least 1:30:1.00; and (D) the ratio of the principal balance of the Loans to the appraised value of the Sites is not more than 70% as of the date of determination. View More
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