Dividend Coverage Ratio Clause Samples
Dividend Coverage Ratio. Greenbriar shall not permit the ratio of EBITDA (excluding all gains and losses attributable to sales of real estate) to Senior Preferred Dividend, as reported in any fiscal quarter, to be less than 1.5 to 1.
Dividend Coverage Ratio. 29 6.31. Total Long Term Debt to Book Capitalization . . . . . . . . . . . . . . . . . . . . . . . . 29 6.32. Total Debt to Adjusted Book Capitalization . . . . . . . . . . . . . . . . . . . . . . . . 29 6.33. Total Debt and Capitalized Operating Lease Expense Obligations to Adjusted Book Capitalization and Capitalized Operating Lease Expense Obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 6.34.
Dividend Coverage Ratio. During each calendar year while the Loan remains outstanding, the Borrower shall maintain a Dividend Coverage Ratio of (i) total consolidated earnings to (ii) cash dividends paid to Borrower’s shareholders of at least 1.0 to 1.0 (i.e., cash dividends paid may be less, but not more than total consolidated earnings), all as measured in accordance with uniform cash flow analysis, consistently applied. The Dividend Coverage Ratio shall be measured annually.
Dividend Coverage Ratio. As to any given fiscal quarter of the Company, the total amount of Distributions to be made by the Company with respect to that fiscal quarter divided by the aggregate Funds From Operations for that fiscal quarter.