Common use of Ratio of EBITDA to Interest Expense Clause in Contracts

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of EBITDA of the Parent and its Consolidated Subsidiaries for the four fiscal-quarter period most recently ended to Interest Expense of the Parent and its Consolidated Subsidiaries for such four-quarter period to be less than 2.0 to 1.0 at the end of each fiscal quarter.

Appears in 3 contracts

Samples: Credit Agreement (Regency Centers Corp), Credit Agreement (Regency Realty Corp), Credit Agreement (Regency Centers Corp)

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Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the period of four fiscal-quarter period consecutive fiscal quarters most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.70 to 1.0 at the end of each fiscal quarter1 for any such period.

Appears in 2 contracts

Samples: Term Loan Agreement (Pennsylvania Real Estate Investment Trust), Credit Agreement (Pennsylvania Real Estate Investment Trust)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of EBITDA of the Parent and its Consolidated Subsidiaries for the four fiscal-quarter period most recently ended determined on a consolidated basis to Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-any fiscal quarter period to be less than 2.0 to 1.0 at the end of each such fiscal quarter.

Appears in 2 contracts

Samples: Credit Agreement (Regency Realty Corp), Credit Agreement (Regency Realty Corp)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the four fiscal-fiscal quarter period most recently ended to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.750 to 1.0 at the end of each fiscal quarter1.00.

Appears in 2 contracts

Samples: Unsecured Credit Agreement (CBL & Associates Properties Inc), Assignment and Assumption Agreement (CBL & Associates Properties Inc)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the period of four fiscal-quarter period consecutive fiscal quarters most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.75 to 1.0 at 1.00 as of the end last day of each fiscal quartersuch period.

Appears in 2 contracts

Samples: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the four fiscal-fiscal quarter period most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.750 to 1.0 at the end of each fiscal quarter1.00.

Appears in 2 contracts

Samples: Credit Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the four fiscal-quarter period (4) fiscal quarters most recently ended to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.750 to 1.0 at the end of each fiscal quarter1.00.

Appears in 2 contracts

Samples: Unsecured Credit Agreement (CBL & Associates Properties Inc), Assignment and Assumption Agreement (CBL & Associates Properties Inc)

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Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries and determined on a consolidated basis for the period of four fiscal-quarter period consecutive fiscal quarters most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 (x) 1.750 to 1.0 at the end of each fiscal quarter1 for any such period ending on or before December 31, 2001 and (y) 1.90 to 1 for any such period ending thereafter.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the period of four fiscal-quarter period consecutive fiscal quarters most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.80 to 1.0 at the end of each fiscal quarter1 for any such period.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries and determined on a consolidated basis for the period of four fiscal-quarter period consecutive fiscal quarters most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.90 to 1.0 at the end of each fiscal quarter1 for any such period.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

Ratio of EBITDA to Interest Expense. The Parent shall not permit the ratio of (i) EBITDA of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for the period of four fiscal-quarter period consecutive fiscal quarters most recently ended ending to (ii) Interest Expense of the Parent and its Consolidated Subsidiaries determined on a consolidated basis for such four-quarter period period, to be less than 2.0 1.90 to 1.0 at the end of each fiscal quarter1 for any such period.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

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