Minimum Fixed Charge Coverage Ratio. Permit the ratio, as of the last day of each fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00.
Appears in 8 contracts
Sources: Credit Agreement (Acadia Realty Trust), Credit Agreement (Acadia Realty Trust), Credit Agreement (Acadia Realty Trust)
Minimum Fixed Charge Coverage Ratio. Permit the ratio, ratio of Consolidated EBITDA to Annualized Fixed Charges to be less than 1.15:1.00 as of the last day of each any fiscal quarter of the REIT, Guarantor for the period of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00four fiscal quarters ended on such date.
Appears in 7 contracts
Sources: Credit Agreement (Safehold Inc.), Credit Agreement (Istar Inc.), Credit Agreement (Istar Inc.)
Minimum Fixed Charge Coverage Ratio. Permit the ratio, ratio of Adjusted Consolidated EBITDA to Consolidated Fixed Charges to be less than 1.50:1.00 as of the last day of each fiscal quarter of the REIT, Borrower for the period of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00four full fiscal quarters then ended.
Appears in 4 contracts
Sources: Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.)
Minimum Fixed Charge Coverage Ratio. Permit the ratioratio of (i) Adjusted EBITDA of the Consolidated Group to (ii) Fixed Charges, as of the last day of each any fiscal quarter of the REITBorrower, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.001.50 to 1.00.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.)
Minimum Fixed Charge Coverage Ratio. Permit The ratio of Adjusted EBITDA to Fixed Charges at the ratio, end of any quarter to be less than 1.40 to 1.0 as of the last day of each fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00quarter.
Appears in 3 contracts
Sources: Credit Agreement (Sun Communities Inc), Credit Agreement (Sun Communities Inc), Credit Agreement (Sun Communities Inc)
Minimum Fixed Charge Coverage Ratio. Permit The ratio of Adjusted EBITDA to Fixed Charges at the ratio, end of any quarter to be less than 1.75 to 1.0 as of the last day of each fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00quarter.
Appears in 2 contracts
Sources: Credit Agreement (Agree Realty Corp), Credit Agreement (Agree Realty Corp)
Minimum Fixed Charge Coverage Ratio. Permit the ratio, ratio of Adjusted Consolidated EBITDA to Consolidated Fixed Charges for any fiscal quarter to be less than 1.50:1.00 as of the last day of each such fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00.
Appears in 2 contracts
Sources: Credit Agreement (Paramount Group, Inc.), Credit Agreement (Paramount Group, Inc.)
Minimum Fixed Charge Coverage Ratio. Permit the ratio, as As of the last day of each fiscal quarter of the REITCompany, the ratio of (i) Adjusted Total EBITDA for such fiscal quarter to (ii) Fixed Charges to for such fiscal quarter shall not be less than 1.50:1.001.75 to 1.0.
Appears in 2 contracts
Sources: Credit Agreement (Carey W P & Co LLC), Credit Agreement (Carey W P & Co LLC)
Minimum Fixed Charge Coverage Ratio. Permit The ratio of Adjusted EBITDA to Fixed Charges at the ratio, end of any quarter to be less than 1.45 to 1.0 as of the last day of each fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00quarter.
Appears in 2 contracts
Sources: Credit Agreement (Sun Communities Inc), Credit Agreement (Sun Communities Inc)
Minimum Fixed Charge Coverage Ratio. Permit the ratioMaintain a ratio of (i) Adjusted Consolidated EBITDAR to (ii) Consolidated Fixed Charges, determined as of the last day of each fiscal quarter of for the REITtwelve month period ending on such day, of Adjusted EBITDA at least 1.50 to Fixed Charges to be less than 1.50:1.001.
Appears in 2 contracts
Sources: Credit Agreement (Vicorp Restaurants Inc), Credit Agreement (Vicorp Restaurants Inc)
Minimum Fixed Charge Coverage Ratio. Permit The ratio of Adjusted EBITDA to Fixed Charges at the ratio, end of any quarter shall not be less than 1.50 to 1.0 as of the last day of each fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00quarter.
Appears in 1 contract
Sources: Agreement to Amend Commitment Letter (Empire State Realty Trust, Inc.)
Minimum Fixed Charge Coverage Ratio. Permit the ratio, ratio of Combined EBITDA to Fixed Charges for any fiscal quarter to be less than 1.50:1.00 as of the last day of each such fiscal quarter of the REIT, of Adjusted EBITDA to Fixed Charges to be less than 1.50:1.00.
Appears in 1 contract