Common use of Adjusted EBITDA to Fixed Charges Clause in Contracts

Adjusted EBITDA to Fixed Charges. The Borrower and the Company will not at any time permit the ratio of its Adjusted EBITDA for the Borrower, the Company and the Related Companies (on a consolidated basis in accordance with GAAP) to Fixed Charges of the Borrower, the Company and the Related Companies (on a consolidated basis in accordance with GAAP) to be less than 1.75 to 1.0 for any fiscal quarter.

Appears in 2 contracts

Samples: Revolving Secured Credit and Guaranty Agreement (Sl Green Realty Corp), Credit and Guaranty Agreement (Sl Green Realty Corp)

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Adjusted EBITDA to Fixed Charges. The Borrower and the Company will not at any time permit the ratio of its Adjusted EBITDA for the Borrower, the Company and the Related Companies (on a consolidated basis in accordance with GAAPGenerally Accepted Accounting Principles) to Fixed Charges of the Borrower, the Company and the Related Companies (on a consolidated basis in accordance with GAAPGenerally Accepted Accounting Principles) to be less than 1.75 to 1.0 for any fiscal quartertwelve (12) month period.”

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Sl Green Realty Corp)

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Adjusted EBITDA to Fixed Charges. The Borrower and the Company will not at any time permit the ratio of its Adjusted EBITDA for the Borrower, the Company and the Related Companies (on a consolidated basis in accordance with GAAPGenerally Accepted Accounting Principles) to Fixed Charges of the Borrower, the Company and the Related Companies (on a consolidated basis in accordance with GAAPGenerally Accepted Accounting Principles) to be less than 1.75 to 1.0 for any fiscal quarter.

Appears in 1 contract

Samples: Pledge and Security Agreement (Sl Green Realty Corp)

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