Minimum Fixed Charge Coverage. The Borrower shall not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Fixed Charges as of the end of any fiscal quarter of Borrower to be less than 1.75:1.
Appears in 3 contracts
Samples: Loan Agreement (Bre Properties Inc /Md/), Loan Agreement (Bre Properties Inc /Md/), Line of Credit Loan Agreement (Bre Properties Inc /Md/)
Minimum Fixed Charge Coverage. The Borrower shall not permit the ratio of (i) Consolidated Adjusted EBITDA to (ii) Consolidated Fixed Charges as of the end of any fiscal quarter of Borrower to be less than 1.75:11.50:1.
Appears in 2 contracts
Samples: Credit Agreement (Bre Properties Inc /Md/), Credit Agreement (Bre Properties Inc /Md/)
Minimum Fixed Charge Coverage. The Borrower Borrowers shall not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Fixed Charges as for the four fiscal quarters ending on the date of the end of any fiscal quarter of Borrower measurement, to be less than 1.75:11.30:1.
Appears in 1 contract
Minimum Fixed Charge Coverage. The Borrower Guarantor shall not permit the ratio of Consolidated Adjusted EBITDA to Consolidated Fixed Charges as of the end of any fiscal quarter of Borrower Guarantor to be less than 1.75:1.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Bre Properties Inc /Md/)