Consolidated EBITDA to Fixed Charges Ratio. Borrower shall not permit the ratio of Consolidated EBITDA for the then most recently completed twelve (12) month period to Fixed Charges for the then most recently completed twelve (12) month period to be less than 1.50:1.
Appears in 8 contracts
Samples: Credit Agreement (Equity Residential), Revolving Credit Agreement (Equity Residential), Revolving Credit Agreement (Erp Operating LTD Partnership)
Consolidated EBITDA to Fixed Charges Ratio. The Borrower shall not permit the ratio of Consolidated EBITDA for the then most recently completed twelve (12) month period to Fixed Charges for the then most recently completed twelve (12) month period to be less than 1.50:1. For purposes of calculating Consolidated EBITDA for this Section 5.8(c) only, Consolidated EBITDA shall include, rather than exclude, gains (losses) on the dispositions of Raw Land and other non-depreciated Properties.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership), Revolving Credit Agreement (Erp Operating LTD Partnership)
Consolidated EBITDA to Fixed Charges Ratio. The Borrower shall not permit the ratio of Consolidated EBITDA for the then most recently completed twelve (12) month period to Fixed Charges for the then most recently completed twelve (12) month period to be less than 1.50:1.
Appears in 1 contract
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership)