Common use of Ratio of Consolidated Clause in Contracts

Ratio of Consolidated. EBIDTA to Consolidated Total Fixed Charges B. As of the end of the calendar quarter immediately preceding the Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges B, be less than 125%. "Consolidated Total Fixed Charges B" shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense, plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments and balloon or bullet payments at maturity) for such period, plus (3) dividends and distributions, if any, paid or required to be paid on preferred stock, preferred partnership interests or other preferred equity of PGRT for such period.

Ratio of Consolidated. EBIDTA to Consolidated Total Fixed Charges B. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges B, be less than 125%. "“Consolidated Total Fixed Charges B" ” shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense, Expense plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments ---- and balloon or bullet payments at maturity) for such period, and plus (3) dividends and distributions, if any, paid or required ---required to be paid on preferred stock, preferred partnership interests or other preferred equity of PGRT for such periodPGRT.

Ratio of Consolidated. EBIDTA to Consolidated Total Fixed Charges B. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges B, be less than 125%. "“Consolidated Total Fixed Charges B" ” shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense, plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments ---- and balloon or bullet payments at maturity) for such period), plus (3) dividends and distributions, if any, paid or required ---required to be paid on preferred stock, preferred partnership interests or other preferred equity of PGRT for such periodPGRT.