EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of Guarantor, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.40 to 1.0, in each case, calculated on a trailing four-quarter basis.
Appears in 1 contract
Samples: Guarantee Agreement (FS Credit Real Estate Income Trust, Inc.)
EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of GuarantorGuarantor commencing with the fiscal quarter ending on September 30, 2018, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.40 1.50 to 1.0, in each case, calculated on a trailing four-quarter basis.
Appears in 1 contract
Samples: Guarantee Agreement (FS Credit Real Estate Income Trust, Inc.)
EBITDA to Interest Expense Ratio. As of the end of each the most recently ended fiscal quarter of Guarantor, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall was not at any time be less than 1.40 1.50 to 1.0, in each case1.00, calculated on a trailing four-quarter basis. A calculation of Guarantor’s EBITDA to Interest Expense ratio as of the last day of the most recently ended fiscal quarter is set forth on Schedule 1.
Appears in 1 contract
Samples: Limited Guaranty (FS Credit Real Estate Income Trust, Inc.)
EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of Guarantor, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.40 1.50 to 1.0, in each case1.00, calculated on a trailing four-quarter basis.
Appears in 1 contract
Samples: Limited Guaranty (FS Credit Real Estate Income Trust, Inc.)
EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of GuarantorGuarantor commencing with the fiscal quarter ending on December 31, 2022, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.40 1.50 to 1.0, in each case1.00, calculated on a trailing four-quarter basis.
Appears in 1 contract
Samples: Guaranty (FS Credit Real Estate Income Trust, Inc.)
EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of GuarantorGuarantor commencing with the fiscal quarter ending on March 31, 2021, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.40 1.50 to 1.0, in each case1.00, calculated on a trailing four-quarter basis.
Appears in 1 contract
Samples: Guaranty (FS Credit Real Estate Income Trust, Inc.)