Adjusted EBITDA. On any date of determination, the sum of (1) the EBITDA for the two prior fiscal quarters most recently ended, annualized, less (b) the Capital Reserve.
Appears in 2 contracts
Samples: Credit Agreement (Bluerock Residential Growth REIT, Inc.), Credit Agreement (Bluerock Residential Growth REIT, Inc.)
Adjusted EBITDA. On any date of determination, the sum of (1) the EBITDA for the two prior fiscal quarters quarter most recently ended, annualizedmultiplied by four (4), less (b) the Capital Reserve.
Appears in 2 contracts
Samples: Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.)
Adjusted EBITDA. On any date of determination, the sum of (1) the EBITDA for the two prior fiscal quarters quarter most recently ended, annualizedmultiplied by four (4), less (b) the Capital Reserve.
Appears in 2 contracts
Samples: Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.)
