Common use of Consolidated Debt Yield Clause in Contracts

Consolidated Debt Yield. At all times, as tested at the end of each fiscal quarter, (i) for each fiscal quarter ending on or after March 31, 2012 through the fiscal quarter ending December 31, 2012, the Consolidated Debt Yield shall not be less than ten percent (10%), (ii) for each fiscal quarter ending on or after March 31, 2013 through the fiscal quarter ending June 30, 2013, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iii) for each fiscal quarter ending on or after September 30, 2013, the Consolidated Debt Yield shall not be less than eleven percent (11%).”

Appears in 3 contracts

Samples: First Potomac Realty Trust, First Potomac Realty Trust, First Potomac Realty Trust

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Consolidated Debt Yield. At all times, as tested at the end of each fiscal quarter, (i) for each fiscal quarter ending on or after March 31, 2012 from the Closing Date through the fiscal quarter ending December 31, 2012, the Consolidated Debt Yield shall not be less than ten percent (10%), (ii) for each fiscal quarter ending on or after March 31, 2013 through the fiscal quarter ending June September 30, 20132011, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iiiii) for each fiscal quarter ending on or after September 30December 31, 20132011, the Consolidated Debt Yield shall not be less than eleven percent (11%).

Appears in 3 contracts

Samples: Secured Term Loan Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust), Revolving Credit Agreement (First Potomac Realty Trust)

Consolidated Debt Yield. At all times, as tested at the end of each fiscal quarter, (i) for quarter during each fiscal quarter ending on or after March 31, 2012 through the fiscal quarter ending December 31, 2012, the Consolidated Debt Yield shall not be less than ten percent (10%), (ii) for each fiscal quarter ending on or after March 31, 2013 through the fiscal quarter ending June 30, 20132010, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iii) for each fiscal quarter ending on or after September 30, 2013, the Consolidated Debt Yield shall not be less than eleven percent (11%).

Appears in 2 contracts

Samples: Secured Term Loan Agreement (First Potomac Realty Trust), Secured Term Loan Agreement (First Potomac Realty Trust)

Consolidated Debt Yield. At all times, as tested at the end of each fiscal quarter, (i) for each fiscal quarter ending on or after March December 31, 2012 through the fiscal quarter ending December 31September 30, 20122013, the Consolidated Debt Yield shall not be less than ten percent (10%), and (ii) for each fiscal quarter ending on or after March December 31, 2013 through the fiscal quarter ending June 30, 2013, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iii) for each fiscal quarter ending on or after September 30, 2013, the Consolidated Debt Yield shall not be less than eleven percent (11%).”

Appears in 2 contracts

Samples: First Potomac Realty Trust, First Potomac Realty Trust

Consolidated Debt Yield. At AsAt all times, as tested at the end of each anyeach fiscal quarter, (i) for each fiscal quarter ending on or after March 31, 2012 from the Closing Date through the fiscal quarter ending December 31September 30, 20122010, the Consolidated Debt Yield shall not be less than ten percent (10%), (ii) for each from the fiscal quarter ending on or after March December 31, 2013 2010 through the fiscal quarter ending June September 30, 20132011, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iii) from and after theii) for each fiscal quarter ending on or after September 30December 31, 20132011, the Consolidated Debt Yield shall not be less than eleven percent (11%).

Appears in 1 contract

Samples: Secured Term Loan Agreement (First Potomac Realty Trust)

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Consolidated Debt Yield. At all times, as tested As at the end of each any fiscal quarter, quarter (i) for each fiscal quarter ending on or after March 31, 2012 from the Closing Date through the fiscal quarter ending December 31September 30, 20122010, the Consolidated Debt Yield shall not be less than ten percent (10%), (ii) for each the fiscal quarter ending on or after March December 31, 2013 2010 through the fiscal quarter ending June September 30, 20132011, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iii) for each fiscal quarter ending on or after September 30December 31, 20132011, the Consolidated Debt Yield shall not be less than eleven percent (11%).

Appears in 1 contract

Samples: Revolving Credit Agreement (First Potomac Realty Trust)

Consolidated Debt Yield. At all times, as tested As at the end of each any fiscal quarter, quarter (i) for each fiscal quarter ending on or after March 31, 2012 from the Closing Date through the fiscal quarter ending December 31September 30, 20122010, the Consolidated Debt Yield shall not be less than ten percent (10%), (ii) for each from the fiscal quarter ending on or after March December 31, 2013 2010 through the fiscal quarter ending June September 30, 20132011, the Consolidated Debt Yield shall not be less than ten and one half of one percent (10.5%), and (iii) for each from and after the fiscal quarter ending on or after September 30December 31, 20132011, the Consolidated Debt Yield shall not be less than eleven percent (11%).”

Appears in 1 contract

Samples: First Potomac Realty Trust

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