Common use of Cash Flow Coverage Clause in Contracts

Cash Flow Coverage. Meditrust shall not permit the ratio of (x) its Operating Cash Flow plus its Interest Expense to (y) its Interest Expense to be less than 2.0 to 1.0 at the end of each fiscal quarter. Meditrust's compliance with said ratio shall be calculated on a year-to-date basis.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Meditrust), Revolving Credit Agreement (Meditrust), Revolving Credit Agreement (Meditrust)

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Cash Flow Coverage. Meditrust shall not permit the ratio of (x) its Operating Cash Flow plus PLUS its Interest Expense to (y) its Interest Expense to be less than 2.0 to 1.0 at the end of each fiscal quarter. Meditrust's compliance with said ratio shall be calculated on a year-to-date basis.

Appears in 1 contract

Samples: Revolving Credit Agreement (Meditrust)

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