Common use of Ratio of EBITDA to Fixed Charges Clause in Contracts

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter, to be less than 1.75 to 1.00 at the end of any fiscal quarter.

Appears in 3 contracts

Sources: Credit Agreement (Washington Real Estate Investment Trust), Term Loan Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit permit, for any fiscal quarter, the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter, to be less than 1.75 to 1.00 at the end of any such fiscal quarter.

Appears in 3 contracts

Sources: Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for such the fiscal quarter most recently ended to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarterperiod, to be less than 1.75 1.65 to 1.00 at the end of any fiscal quarterfor such period.

Appears in 2 contracts

Sources: Credit Agreement (Equity One Inc), Credit Agreement (Equity One, Inc.)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit permit, for any period of four consecutive fiscal quarters, the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter period to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarterperiod, to be less than 1.75 1.50 to 1.00 at the end of any such fiscal quarter.

Appears in 2 contracts

Sources: Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for such any fiscal quarter to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter, to be less than 1.75 to 1.00 at as of the end last day of any such fiscal quarter.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ps Business Parks Inc/Ca)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit permit, for any period of four consecutive fiscal quarters, the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter period to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarterperiod, to be less than 1.75 1.20 to 1.00 at the end of any such fiscal quarter.

Appears in 1 contract

Sources: Term Loan Agreement (Realty Income Corp)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit the ratio of (ia) EBITDA of the Borrower and its Subsidiaries determined Subsidiaries, on a Consolidated Basis, to (b) the Fixed Charges of Borrower and its Subsidiaries, on a consolidated basis basis, for such any fiscal quarter to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such fiscal quarter, to be less than 1.75 to 1.00 at the end of any fiscal for such quarter.

Appears in 1 contract

Sources: Revolving Credit Agreement (Amreit)

Ratio of EBITDA to Fixed Charges. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower Guarantor and its Subsidiaries determined on a consolidated basis for such any fiscal quarter to (ii) Fixed Charges of the Borrower Guarantor and its Subsidiaries determined on a consolidated basis for such fiscal quarter, to be less than 1.75 1.50 to 1.00 at as of the end last day of any such fiscal quarter.

Appears in 1 contract

Sources: Revolving Credit Agreement (Ps Business Parks Inc/Ca)