Corporate Debt Yield Sample Clauses

Corporate Debt Yield. As of the last day of each Fiscal Quarter of the Borrower commencing with the Fiscal Quarter ending September 30, 2015, the Borrower shall maintain a Corporate Debt Yield of not less than eleven percent (11%).
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Corporate Debt Yield. The ratio of NOI to Total Debt. 2076882.7
Sample 1
Corporate Debt Yield. Maintain a Corporate Debt Yield Ratio equal to or greater than (i) 10% for the fiscal-quarter periods ended December 31, 2009, March 31, 2010, June 30, 2010 and September 30, 2010; (ii) 11% for the fiscal-quarter periods ended December 31, 2010, March 31, 2011, June 30, 2011 and September 30, 2011; and (iii) 12% for the fiscal-quarter period ended December 31, 2011 and all subsequent ends to fiscal-quarter periods. provided that, notwithstanding anything herein to the contrary, the calculations for all of the financial covenants contained in Section 5.04 shall exclude the On-Campus Participating Properties and the Hampton Roads Joint Venture.
Sample 1
Corporate Debt Yield. The quotient of (a) Adjusted Consolidated EBITDA, divided by (b) Consolidated Total Indebtedness, expressed as a percentage. For the purposes of calculating Corporate Debt Yield, when calculating Adjusted Consolidated EBITDA for Real Estate not owned and operated by Parent Company or any of its Subsidiaries for two (2) full fiscal quarters, the Adjusted Consolidated EBITDA attributable to such Real Estate shall be calculated in accordance with the terms and conditions of this Agreement by using the actual historical results for such Real Estate for the two (2) full fiscal quarters most recently ended as if the Real Estate had been owned by Parent Company or any of its Subsidiaries during such time.
Sample 1
Corporate Debt Yield. Parent Company shall not at any time permit the Corporate Debt Yield to be less than fifteen percent (15%).
Sample 1
Corporate Debt Yield. The Parent shall not permit the Corporate Debt Yield to be less than the percentage set forth below corresponding to each period set forth below at any time during such period. Period Corporate Debt Yield From the Effective Date to and including March 30, 2012 9.50 % From March 31, 2012 to and including March 30, 2013 9.75 % From March 31, 2013 and at all times thereafter 10.0 % Notwithstanding anything to the contrary set forth in the table above, if pursuant to Section 2.13., the Borrower and the Gallery Borrower exercise their right to extend the Termination Date, then from the date that would have been the Termination Date without giving effect to such extension and at all times thereafter, the Parent shall not permit the Corporate Debt Yield to be less than 10.25%.
Sample 1

Related to Corporate Debt Yield

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

  • Total Indebtedness Create, incur, assume, or suffer to exist, or permit any Subsidiary of Borrower to create, incur or suffer to exist, any Indebtedness, except:

  • Leverage Ratios Notwithstanding anything to the contrary contained herein, for purposes of calculating any leverage ratio herein in connection with the incurrence of any Indebtedness, (a) there shall be no netting of the cash proceeds proposed to be received in connection with the incurrence of such Indebtedness and (b) to the extent the Indebtedness to be incurred is revolving Indebtedness, such incurred revolving Indebtedness (or if applicable, the portion (and only such portion) of the increased commitments thereunder) shall be treated as fully drawn.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Total Indebtedness All Indebtedness of Parent Borrower and its Subsidiaries determined on a consolidated basis and shall include (without duplication), such Person’s Equity Percentage of the Indebtedness of its Unconsolidated Affiliates.

  • First Lien Leverage Ratio On the last day of any Test Period on which the Revolving Facility Test Condition is then satisfied (it being understood and agreed that this Section 6.15 shall not apply until the last day of the first full Fiscal Quarter ending after the Closing Date), the Borrowers shall not permit the First Lien Leverage Ratio to be greater than 7.75:1.00.

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