Consolidated Unencumbered Interest Coverage Ratio. As of the end of each fiscal quarter, the ratio of Consolidated Net Operating Income of UDRT from Unencumbered Realty of UDRT to Consolidated Interest Expense relating to Consolidated Unsecured Debt of UDRT for the fiscal quarter then ended shall not be less than 1.75:1.0.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)
Consolidated Unencumbered Interest Coverage Ratio. As of the end ------------------------------------------------- of each fiscal quarter, the ratio of Consolidated Net Operating Income of UDRT from Unencumbered Realty of UDRT to Consolidated Interest Expense relating to Consolidated Unsecured Debt of UDRT for the fiscal quarter then ended shall not be less than 1.75:1.0.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)
Consolidated Unencumbered Interest Coverage Ratio. As of the end of each fiscal quarter, the ratio of Consolidated Net Operating Income of UDRT the Borrower from Unencumbered Realty of UDRT the Borrower to Consolidated Interest Expense relating to Consolidated Unsecured Debt of UDRT the Borrower for the fiscal quarter then ended shall not be less than 1.75:1.01.75 :1.0.
Appears in 1 contract
Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc)
Consolidated Unencumbered Interest Coverage Ratio. As of the end of each fiscal quarter, the ratio of (i) Consolidated Net Operating Income of UDRT from Unencumbered Realty of UDRT to (ii) Consolidated Interest Expense relating to Consolidated Unsecured Debt of UDRT for the fiscal quarter then ended ending shall be not be less than 1.75:1.02.0:1.0.
Appears in 1 contract
Samples: Credit Agreement (United Dominion Realty Trust Inc)
