Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized), to be less than 1.50 to 1.00 at the end of any fiscal quarter.
Appears in 8 contracts
Samples: Credit Agreement (UDR, Inc.), Credit Agreement (UDR, Inc.), Credit Agreement (United Dominion Realty L P)
Minimum Fixed Charge Coverage Ratio. The Permit the ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Annualized Fixed Charges for such period (annualized), to be less than 1.50 to 1.00 at 1.15:1.00 as of the end last day of any fiscal quarterquarter of the Guarantor for the period of four fiscal quarters ended on such date.
Appears in 7 contracts
Samples: Credit Agreement (Safehold Inc.), Credit Agreement (Istar Inc.), Credit Agreement (Istar Inc.)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower and its Subsidiaries determined on a consolidated basis for the fiscal quarter most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 1.75 to 1.00 1.0 at the end of any fiscal quartertime.
Appears in 4 contracts
Samples: Management Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust), Interim Loan Agreement (Hospitality Properties Trust)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 to 1.00 at the end of any fiscal quarter.
Appears in 4 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Minimum Fixed Charge Coverage Ratio. The Permit the ratio of (i) Adjusted Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized), to be less than 1.50 to 1.00 at 1.50:1.00 as of the end last day of any each fiscal quarterquarter of the Borrower for the period of four full fiscal quarters then ended.
Appears in 4 contracts
Samples: Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.), Assignment and Assumption (Apple Hospitality REIT, Inc.)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Combined Adjusted EBITDA for the period of two consecutive fiscal quarter period quarters of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 1.70 to 1.00 at the end of any fiscal quartertime.
Appears in 3 contracts
Samples: Credit Agreement (Heritage Property Investment Trust Inc), Term Loan Agreement (Heritage Property Investment Trust Inc), Credit Agreement (Heritage Property Investment Trust Inc)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the period of two consecutive fiscal quarter period quarters of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 2.50 to 1.00 at the end of any fiscal quartertime.
Appears in 2 contracts
Samples: Credit Agreement (St Joe Co), Credit Agreement (St Joe Co)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of two consecutive fiscal quarters of the Borrower Trust most recently ending (annualized) ended to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 to 1.00 at the end of any fiscal quartertime.
Appears in 2 contracts
Samples: Credit Agreement (Lexington Realty Trust), Credit Agreement (Lepercq Corporate Income Fund L P)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 1.750 to 1.00 at the end of any fiscal quartertime.
Appears in 2 contracts
Samples: Term Loan Agreement (HRPT Properties Trust), Credit Agreement (HRPT Properties Trust)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 1.850 to 1.00 at the end of any fiscal quarter.
Appears in 2 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated the sum of Adjusted EBITDA as determined for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total the sum of Fixed Charges for such period the fiscal quarter most recently ending multiplied by four (annualized4), to be less than 1.50 1.75 to 1.00 1.0 at the end of any fiscal quarter.time. (d)
Appears in 2 contracts
Samples: Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Gables Residential Trust)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the period of two consecutive fiscal quarter period quarters of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 1.25 to 1.00 at the end of any fiscal quartertime.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower four consecutive fiscal quarters most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 2.50 to 1.00 at the end of any fiscal quarter1.00.
Appears in 1 contract
Samples: Credit Agreement (CNL American Properties Fund Inc)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two period of four consecutive fiscal quarter period quarters of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 2.50 to 1.00 at the end of any fiscal quartertime.
Appears in 1 contract
Samples: Credit Agreement (St Joe Co)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted Consolidated Adjusted EBITDA determined for the two fiscal quarter period of the Borrower most recently ending ended four (annualized4) fiscal quarters to (ii) Consolidated Total Fixed Charges for such period the most recently ended four (annualized4) fiscal quarters (the “Fixed Charge Coverage Ratio”), shall be greater than 1.5 to be less than 1.50 to 1.00 at the end of any fiscal quarter1.0.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 to 1.00 at the end of any fiscal quartertime.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two period of four consecutive fiscal quarter period quarters of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 2.50 to 1.00 1.0 at the end of any fiscal quartertime.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 1.75 to 1.00 at the end of any fiscal quarter.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated the sum of Adjusted EBITDA as determined for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total the sum of Fixed Charges for such period the fiscal quarter most recently ending multiplied by four (annualized4), to be less than 1.50 1.70 to 1.00 1.0 at the end of any fiscal quartertime.
Appears in 1 contract
Samples: Credit Agreement (Gables Realty Limited Partnership)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two four fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 (a) 1.60 to 1.00 at the end of any each fiscal quarterquarter of the Borrower during the first 18 months after the Effective Date and (b) 1.65 to 1.00 at the end of each fiscal quarter of the Borrower thereafter.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized), to be less than 1.50 1.65 to 1.00 at the end of any fiscal quarter.
Appears in 1 contract
Samples: Credit Agreement (United Dominion Realty Trust Inc)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower and its Subsidiaries determined on a consolidated basis for the fiscal quarter most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 2.0 to 1.00 1.0 at the end of any fiscal quartertime.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two four fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 to 1.00 at the end of any fiscal quartersuch period.
Appears in 1 contract
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA ----------------------------------- for the two fiscal quarter period of the Borrower four consecutive fiscal quarters most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 2.50 to 1.00 at the end of any fiscal quarter1.00.
Appears in 1 contract
Samples: Credit Agreement (CNL American Properties Fund Inc)
Minimum Fixed Charge Coverage Ratio. The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower and its Subsidiaries determined on a consolidated basis for the fiscal quarter most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized)period, to be less than 1.50 to 1.00 1.0 at the end of any fiscal quartertime.
Appears in 1 contract
