Borrowing Base Pool Debt Service Coverage Ratio. As of the end of any fiscal quarter, the ratio of (i) Adjusted Net Operating Income for the applicable quarter,
Appears in 1 contract
Samples: Secured Term Loan Agreement (First Potomac Realty Trust)
Borrowing Base Pool Debt Service Coverage Ratio. As of the end of any (i) the fiscal quarterquarter ending September 30, 2007, the ratio of (i) Adjusted Net Operating Income for the applicable quarter,, annualized; divided by (ii) Implied Debt Service for the applicable period shall not be less than 1.28 to 1.0 and (ii) any fiscal quarter ending on or after December 31, 2007, the ratio of (i) Adjusted Net Operating Income for the applicable quarter, annualized; divided by (ii) Implied Debt Service for the applicable period shall not be less than 1.40 to 1.0.
Appears in 1 contract
Samples: First Potomac Realty Trust
Borrowing Base Pool Debt Service Coverage Ratio. As of the end of any fiscal quarter, the ratio of (i) Adjusted Net Operating Income for the applicable quarter,, annualized; divided by (ii) Implied Debt Service for the applicable period shall not be less than 1.40 to 1.0.
Appears in 1 contract
Samples: Secured Term Loan Agreement (First Potomac Realty Trust)
Borrowing Base Pool Debt Service Coverage Ratio. As of at the end of any fiscal quarter, the ratio of (i) Adjusted Net Operating Income of the Borrowing Base Pool for the four consecutive fiscal quarters ending on the last day of such fiscal quarter; divided by (ii) the Implied Debt Service applicable quarter,in such four fiscal quarter period shall not be less than 1.50 to 1.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (Hartman Commercial Properties Reit)
