Minimum Pool Debt Yield Sample Clauses

Minimum Pool Debt Yield. The Pool Debt Yield shall not be less than ten and one-half percent (10.5%) at any time.
Sample 1Sample 2
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Minimum Pool Debt Yield. For each quarterly calculation period commencing on or after April 1, 2016 through June 30, 2017, the Pool Debt Yield shall be no less than 8.00%, increasing to 9.00% for each quarterly calculation period commencing on July 1, 2017 through June 30, 2018, and further increasing to 10.00% for each quarterly calculation period commencing on July 1, 2018 or thereafter. For purposes of this §9.6, Net Operating Income for any Value Add Property (other than any Value Add Property that was formerly a Core Property) for the first eighteen (18) months following the acquisition thereof (or, if later, the completion of development with respect thereto) shall be based on the Borrower’s or the applicable Subsidiary Guarantor’s reasonable projection of stabilized annualized Net Operating Income for such Value Add Property, unless the actual annualized Net Operating Income for such Value Add Property for such period is greater than such projected Net Operating Income.
Sample 1

Related to Minimum Pool Debt Yield

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.

  • Total Debt The total Debt of all Consolidated Subsidiaries of the Borrower, excluding the Debt, if any, owed by such Consolidated Subsidiaries to the Borrower or another Consolidated Subsidiary of the Borrower, will at no time exceed an amount equal to $500,000,000 (or the Exchange Equivalent thereof).

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Maximum Secured Leverage Ratio As of the last day of any fiscal quarter, the Secured Leverage Ratio to exceed forty percent (40%);

  • Minimum Debt Service Coverage Ratio as at the end of each Fiscal Quarter, the Debt Service Coverage Ratio shall not be less than 1.20 to 1.00; and

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Total Debt to EBITDA Ratio The Total Debt to EBITDA Ratio will not exceed 4.0 to 1.0 at the end of any fiscal quarter.

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