Minimum Interest Coverage. Each of the Company and the Parent Guarantor will not at any time permit the ratio of Consolidated Income Available for Debt Service to the Annual Debt Service Charge for the period consisting of the four consecutive fiscal quarters then most recently ended to be less than 1.50 to 1.00.
Appears in 7 contracts
Samples: Note Purchase Agreement (Agree Realty Corp), $100,000,000 Uncommitted Master Note Facility (Agree Realty Corp), Note Purchase Agreement (Agree Realty Corp)
Minimum Interest Coverage. Each of the Company and the Parent Guarantor The Obligors will not at any time permit the ratio of Consolidated Income Available for Debt Service to the Annual Debt Service Charge for the period consisting of the four consecutive fiscal quarters then most recently ended to be less than 1.50 to 1.001.5:1.
Appears in 2 contracts
Samples: Note Purchase Agreement (Mid America Apartment Communities Inc), Note Purchase Agreement (Mid America Apartment Communities Inc)
