Minimum Debt Yield. As of the last day of each fiscal quarter, the ratio (expressed as a percentage) of (i) the sum of (A) Combined EBITDA plus (B) interest paid from reserves established under construction loans to (ii) Total Adjusted Outstanding Indebtedness shall not be less than 13.25%.
Appears in 2 contracts
Samples: Revolving Credit Agreement (General Growth Properties Inc), Term Credit Agreement (General Growth Properties Inc)
Minimum Debt Yield. As of the last day of each fiscal quarter, the ratio (expressed as a percentage) of (i) the sum of (A) Combined EBITDA EBITDA, plus (B) interest paid from reserves established under construction loans to (ii) Total Adjusted Outstanding Indebtedness shall not be less than 13.25%.
Appears in 1 contract
Samples: Term Loan Agreement (General Growth Properties Inc)
Minimum Debt Yield. As of the last day of each fiscal quarter, ------------------ the ratio (expressed as a percentage) of (i) the sum of (A) Combined EBITDA plus (B) interest paid from reserves established under construction loans to (ii) Total Adjusted Outstanding Indebtedness shall not be less than 13.25%.
Appears in 1 contract
Samples: Revolving Credit Agreement (General Growth Properties Inc)
