Common use of Minimum Unsecured Interest Coverage Ratio Clause in Contracts

Minimum Unsecured Interest Coverage Ratio. Calculated on a Consolidated basis with respect to the Borrower, at any time, the ratio of Unencumbered Property NOI from the Unencumbered Pool to Consolidated Unsecured Interest Expense shall not be less than 1.75 to 1.0.

Appears in 4 contracts

Samples: Credit Agreement (Epr Properties), Credit Agreement (Epr Properties), Credit Agreement (Epr Properties)

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Minimum Unsecured Interest Coverage Ratio. Calculated on a Consolidated basis with respect to the Borrower, at any time, the ratio of Unencumbered Property NOI from the Unencumbered Pool to Consolidated Unsecured Interest Expense Incurred shall not be less than 1.75 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Epr Properties)

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Minimum Unsecured Interest Coverage Ratio. Calculated on a Consolidated basis with respect to the Borrower, at any time, The Company will not permit the ratio of (1) Unencumbered Property NOI from the Unencumbered Pool to (2) Consolidated Unsecured Interest Expense shall not IncurredExpense, in each case calculated on a Consolidated basis, to be less than 1.75 to 1.01.00.

Appears in 1 contract

Samples: Note Purchase Agreement (Epr Properties)

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