Interest Coverage. The ratio of (x) Consolidated Income Available for Debt Service to (y) Consolidated Interest Expense shall at all times exceed 2.00 to 1.0, calculated at the end of each Fiscal Quarter, based on the Fiscal Quarter just ended and the immediately preceding three Fiscal Quarters.
Appears in 9 contracts
Sources: Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Gables Residential Trust), Term Loan Credit Agreement (Gables Residential Trust)
Interest Coverage. The ratio of (x) Consolidated Income Available for Debt Service to (y) Consolidated Interest Expense interest expense shall at all times exceed 2.00 to 1.0, calculated at the end of each Fiscal Quarter, based on the Fiscal Quarter just ended and the immediately preceding three Fiscal Quarters.
Appears in 3 contracts
Sources: Credit Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp)
Interest Coverage. The ratio of (x) Adjusted Consolidated Income Available for For Debt Service to (y) Adjusted Consolidated Interest Expense shall at all times exceed 2.00 to 1.0, calculated at the end of each Fiscal Quarter, based on the Fiscal Quarter just ended and the immediately preceding three Fiscal Quarters.
Appears in 1 contract