Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time.
Appears in 25 contracts
Samples: Credit Agreement (Office Properties Income Trust), Credit Agreement (Government Properties Income Trust), Credit Agreement (Hospitality Properties Trust)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time1.50:1.0.
Appears in 17 contracts
Samples: Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/), Credit Agreement (Franklin Street Properties Corp /Ma/)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for the fiscal quarter of the Borrower most recently ending ended to (ii) Fixed Charges of the Borrower and its Subsidiaries determined on a consolidated basis for such period, to be less than 1.50 to 1.00 at any timefor such period.
Appears in 8 contracts
Samples: Loan Agreement (Equity One, Inc.), Loan Agreement (Equity One, Inc.), Credit Agreement (Equity One, Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarter of the Borrower quarters most recently ending ended to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any timeas of the last day of such period.
Appears in 4 contracts
Samples: Credit Agreement (Federal Realty OP LP), Term Loan Agreement (Federal Realty OP LP), Term Loan Agreement (Federal Realty Investment Trust)
Minimum Fixed Charge Coverage Ratio. The Borrower shall will not at any time permit the ratio of (i) Adjusted Consolidated EBITDA for the fiscal quarter of the Borrower most recently ending completed full fiscal quarter, annualized, to (ii) Consolidated Fixed Charges for such periodthe most recently completed full fiscal quarter, annualized, to be less than 1.50 1.60 to 1.00 at any time1.00.
Appears in 4 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.)
Minimum Fixed Charge Coverage Ratio. The REIT and the Borrower shall will not permit the ratio ratio, determined as of the end of each of the REIT’s fiscal quarters for the then most-recently ended four (4) fiscal quarters, of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time1.00.
Appears in 4 contracts
Samples: Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower applicable test period most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 1.25 to 1.00 at any time.
Appears in 3 contracts
Samples: Credit Agreement (Diversified Healthcare Trust), Signature (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending and the three immediately preceding fiscal quarters to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time.
Appears in 3 contracts
Samples: Credit Agreement (Service Properties Trust), Credit Agreement (Service Properties Trust), Credit Agreement (Service Properties Trust)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the any fiscal quarter ending during the term of the Borrower most recently ending this Agreement to (ii) Fixed Charges for such periodfiscal quarter, to be less than 1.50 to 1.00 at any timeas of the last day of such fiscal quarter.
Appears in 3 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Term Loan Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarter of the Borrower quarters most recently ending to (ii) Fixed Charges of the Borrower and its Subsidiaries for such period, to be less than 1.50 to 1.00 at any time1.00.
Appears in 2 contracts
Samples: Term Loan Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted Consolidated EBITDA for the fiscal quarter of the Borrower most recently ending less Maintenance Capital Expenditures to (ii) Consolidated Fixed Charges for such period, any four-Fiscal Quarter period to be less than 1.50 to 1.00 at any time1.25:1.00.
Appears in 2 contracts
Samples: Credit Agreement (Isle of Capri Casinos Inc), Credit Agreement (Isle of Capri Casinos Inc)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time1.501.25:1.0.
Appears in 1 contract
Samples: Credit Agreement (Franklin Street Properties Corp /Ma/)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending and the three immediately preceding fiscal quarters to (ii) Fixed Charges for such period, to at any time be less than (A) for the fiscal quarters ending September 30, 2022 and December 31, 2022, 1.00 to 1.00, and (B) for each fiscal quarter ending thereafter, 1.50 to 1.00 at any time.
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Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower Parent most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending and the three immediately preceding fiscal quarters to (ii) Fixed Charges for such period, to at any time be less than (A) for the fiscal quarters ending September 30, 2022 and December 31, 2022, 1.00 to 1.00, and (B) for each fiscal quarter ending thereafter, 1.50 to 1.00 at any time1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrower shall Parent Guarantor will not permit the ratio of (i1) Adjusted EBITDA for the period of four consecutive fiscal quarter of the Borrower quarters most recently ending ended to (ii2) Fixed Charges for such period, period to be less than 1.50 to 1.00 at any timeas of the last day of such period.
Appears in 1 contract
Samples: Note and Guarantee Agreement (Sunstone Hotel Investors, Inc.)
Minimum Fixed Charge Coverage Ratio. The REIT and the Borrower shall will not permit the ratio ratio, determined as of the end of each of the REIT’s fiscal quarters for the then most- recently ended four (4) fiscal quarters, of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time1.00.
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Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit For the immediately preceding fiscal quarter, the ratio of (i) Adjusted Combined EBITDA for the fiscal quarter of the Borrower most recently ending to (ii) Fixed Charges for such period, to shall not be less than 1.50 1.5 to 1.00 at any time1.0.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending and the three immediately preceding fiscal quarters to (ii) Fixed Charges for such period, to at any time be less than 1.50 to 1.00 at any time1.00.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted EBITDA for the fiscal quarter of the Borrower most recently ending and the three immediately preceding fiscal quarters to (ii) Fixed Charges for such period, to be less than 1.50 to 1.00 at any time.. - 110 -
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The Borrower shall will not permit the ratio of (ix) Adjusted EBITDA for the any period of four consecutive fiscal quarter quarters of the Borrower most recently ending to (iiy) Fixed Charges for such period, period to be less than 1.50 to 1.00 at any time1.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Capital Automotive Reit)
Minimum Fixed Charge Coverage Ratio. The Borrower shall not permit the ratio of (i) Adjusted Consolidated EBITDA for the fiscal quarter of the Borrower most recently ending minus Consolidated Capital Expenditures to (ii) Consolidated Fixed Charges for such period, any four consecutive Fiscal Quarter period ending during the term of this Agreement to be less than 1.50 1.25 to 1.00 at any time1.0.
Appears in 1 contract
