Common use of Ratio of Consolidated EBITDA to Consolidated Total Fixed Charges A Clause in Contracts

Ratio of Consolidated EBITDA to Consolidated Total Fixed Charges A. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges A, be less than 145%. “Consolidated Total Fixed Charges A” shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments and balloon or bullet payments at maturity).

Appears in 3 contracts

Samples: Interest and Operating Costs and Indemnity (Prime Group Realty Trust), Prime Group Realty Trust, Prime Group Realty Trust

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Ratio of Consolidated EBITDA to Consolidated Total Fixed Charges A. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges A, be less than 145%. “Consolidated Total Fixed Charges A” shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense Expense, plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments and balloon or bullet payments at maturity)) for such period.

Appears in 1 contract

Samples: Prime Group Realty Trust

Ratio of Consolidated EBITDA to Consolidated Total Fixed Charges A. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges A, be less than 145%. "Consolidated Total Fixed Charges A" shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense Expense, plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments and balloon or bullet payments at maturity)) for such period.

Appears in 1 contract

Samples: Prime Group Realty Trust

Ratio of Consolidated EBITDA to Consolidated Total Fixed Charges A. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges A, be less than 145%. "Consolidated Total Fixed Charges A" shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense Expense, plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments and balloon or bullet payments at maturity).

Appears in 1 contract

Samples: Guaranty of Interest and Operating Costs (Prime Group Realty Trust)

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Ratio of Consolidated EBITDA to Consolidated Total Fixed Charges A. As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges A, be less than 145%. “Consolidated Total Fixed Charges A” shall mean, for any period, the aggregate amount of (1) Consolidated Total Interest Expense Expense, plus (2) scheduled principal payments of Indebtedness (excluding optional prepayments and balloon or bullet payments at maturity).

Appears in 1 contract

Samples: Guaranty of Interest and Operating Costs (Prime Group Realty Trust)

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