Common use of Minimum Consolidated Interest Coverage Ratio Clause in Contracts

Minimum Consolidated Interest Coverage Ratio. As of the first day of each calendar quarter for the immediately preceding four consecutive calendar quarters, the ratio of Adjusted EBITDA to Total Interest Expense for such period shall not be less than 2.0 to 1.0.

Appears in 3 contracts

Sources: Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties Inc), Credit Agreement (Home Properties Inc)

Minimum Consolidated Interest Coverage Ratio. As of the first day of each calendar quarter for the immediately preceding four consecutive calendar quartersquarter, the ratio of (i) the sum of Adjusted Total EBITDA for such preceding calendar quarter, to (ii) Total Interest Expense for such period quarter shall not be less than 2.0 2.25 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Carey W P & Co LLC)

Minimum Consolidated Interest Coverage Ratio. As of the first -------------------------------------------- day of each calendar quarter for the immediately preceding four consecutive calendar quartersquarter, the ratio of (i) the sum of Total Adjusted EBITDA less Servicing EBITDA, to (ii) Total Interest Expense for such period quarter shall not be less than 2.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Reckson Associates Realty Corp)

Minimum Consolidated Interest Coverage Ratio. As of the -------------------------------------------- first day of each calendar quarter for the immediately preceding four consecutive calendar quartersquarter, the ratio of (i) the sum of Total Adjusted EBITDA less Servicing EBITDA, to (ii) Total Interest Expense for such period quarter shall not be less than 2.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Reckson Associates Realty Corp)

Minimum Consolidated Interest Coverage Ratio. As of the first day of each calendar quarter for the immediately preceding four consecutive calendar quarters, the ratio of Adjusted EBITDA to Total Interest Expense for such period shall not be less than 2.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Home Properties Inc)