Relationship of Combined EBITDA to Combined Debt Service. As of the last day of any fiscal quarter, the ratio of (1) Combined EBITDA to (2) Combined Debt Service (each for the twelve (12)-month period ending on such last day of such quarter), to be less than 1.50 to 1.00.
Appears in 12 contracts
Sources: Revolving Loan Agreement (Avalonbay Communities Inc), Term Loan Agreement (Avalonbay Communities Inc), Term Loan Agreement (Avalonbay Communities Inc)
Relationship of Combined EBITDA to Combined Debt Service. As of the last day of For any fiscal calendar quarter, the ratio of (1) Combined EBITDA to (2) Combined Debt Service (each for the twelve (12)-month period ending on such last day of with such quarter), to be less than 1.50 1.80 to 1.00.
Appears in 2 contracts
Sources: Revolving Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Avalonbay Communities Inc)
Relationship of Combined EBITDA to Combined Debt Service. As of the last day of For any fiscal calendar quarter, the ratio of (1) Combined EBITDA to (2) Combined Debt Service (each for the twelve (12)-month period ending on such last day of with such quarter), to be less than 1.50 to 1.00.
Appears in 2 contracts
Sources: Term Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Avalonbay Communities Inc)
Relationship of Combined EBITDA to Combined Debt Service. As of the last day of For any fiscal calendar quarter, the ratio of (1) Combined EBITDA to (2) Combined Debt Service (each for the twelve (12)-month period ending on such last day of with such quarter), to be less than 1.50 2.00 to 1.00.
Appears in 1 contract
Sources: Revolving Loan Agreement (Avalon Bay Communities Inc)