Common use of Compliance with REIT’s Consolidated EBITDA to Interest Ratio Clause in Contracts

Compliance with REIT’s Consolidated EBITDA to Interest Ratio. The REIT shall not permit the Consolidated EBITDA to Interest Ratio computed for any fiscal quarter to be less than 200% for any period of four consecutive fiscal quarters (treated as a single accounting period).

Appears in 6 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc)

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Compliance with REIT’s Consolidated EBITDA to Interest Ratio. The REIT shall not permit the Consolidated EBITDA to Interest Ratio computed for any fiscal quarter to be less than two hundred percent (200% %) for any period of four (4) consecutive fiscal quarters (treated as a single accounting period).

Appears in 1 contract

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc)

Compliance with REIT’s Consolidated EBITDA to Interest Ratio. The REIT shall not permit the Consolidated EBITDA to Interest Ratio computed for any fiscal quarter to be less than two hundred percent (200% %) for any period of four (4) consecutive fiscal quarters (treated as a single accounting period).

Appears in 1 contract

Samples: Credit Agreement (Mid America Apartment Communities Inc)

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Compliance with REIT’s Consolidated EBITDA to Interest Ratio. The REIT shall not permit the Consolidated EBITDA to Interest Ratio computed for any fiscal quarter or year to be less than 200% for any period of four consecutive fiscal quarters (treated as a single accounting period)225%.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Apartment Investment & Management Co)

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