Common use of Consolidated Fixed Charges Clause in Contracts

Consolidated Fixed Charges. On any date of determination for the period of four (4) fiscal quarters most recently ended, the sum of (a) Consolidated Interest Expense for such period (both expensed and capitalized), plus (b) all of the principal due and payable and principal paid with respect to Indebtedness of the REIT and its Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness in full and any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its non-Wholly-Owned Subsidiaries, DSTs and Unconsolidated Affiliates shall be included in the determination of Consolidated Fixed Charges.

Consolidated Fixed Charges. On any date of determination for the period of four (4) fiscal quarters most recently ended, the sum of (a) Consolidated Interest Expense for such period (both expensed and capitalized), plus (b) all of the principal due and payable and principal paid with respect to Indebtedness of the REIT Borrower and its Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness in full and any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its non-Wholly-Owned Subsidiaries, DSTs and Unconsolidated Affiliates shall be included in the determination of Consolidated Fixed Charges.

Consolidated Fixed Charges. On any date of determination for the period of four (4) fiscal quarters most recently ended, the sum of (a) Consolidated Interest Expense for such period (both expensed and capitalized), plus (b) all of the scheduled payments of principal due and payable and principal paid with respect to Indebtedness of the REIT Borrower and its Subsidiaries during such period, other than (x) any balloon, bullet or similar principal payment which repays such Indebtedness in full and (y) any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the scheduled principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its non-Wholly-Owned Subsidiaries, DSTs and Unconsolidated Affiliates shall be included in the determination of Consolidated Fixed Charges.

Consolidated Fixed Charges. On any date of determination for the period of four (4) fiscal quarters most recently ended, the sum of (a) Consolidated Interest Expense for such period (both expensed and capitalized), plus (b) all of the scheduled payments of principal due and payable and principal paid with respect to Indebtedness of the REIT Borrower and its Subsidiaries during such period, other than (x) any balloon, bullet or similar principal payment which repays such Indebtedness in full and (y) any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the scheduled principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its non-Wholly-Owned Subsidiaries, DSTs and Unconsolidated Affiliates shall be included in the determination of Consolidated Fixed Charges.