Ratio of EBITDA to Interest Expense. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries for the most recent period of four consecutive fiscal quarters then ended to (ii) Interest Expense of the Borrower and its Subsidiaries for such period, to be less than 1.75 to 1.00.
Appears in 5 contracts
Samples: Fifth Amended and Restated Credit Agreement (LGI Homes, Inc.), Credit Agreement (LGI Homes, Inc.), Second Amendment to Fifth Amended and Restated Credit Agreement (LGI Homes, Inc.)
Ratio of EBITDA to Interest Expense. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries for the most recent period of four consecutive fiscal quarters then ended to (ii) Interest Expense of the Borrower and its Subsidiaries for such period, to be less than 1.75 2.50 to 1.00.
Appears in 4 contracts
Samples: Credit Agreement (LGI Homes, Inc.), Credit Agreement (LGI Homes, Inc.), Credit Agreement (LGI Homes, Inc.)
Ratio of EBITDA to Interest Expense. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries determined on a consolidated basis for the fiscal quarter most recent period of four consecutive fiscal quarters then recently ended to (ii) Interest Expense of the Borrower and its Subsidiaries determined on a consolidated basis for such period, to be less than 1.75 1.90 to 1.001.00 for such period.
Appears in 3 contracts
Samples: Credit Agreement (Equity One, Inc.), Credit Agreement (Equity One Inc), Credit Agreement (Equity One Inc)
Ratio of EBITDA to Interest Expense. The Borrower shall not permit the ratio of (ia) EBITDA of the Borrower and its Subsidiaries for the most recent period of four consecutive fiscal quarters then ended Subsidiaries, on a consolidated basis, to (iib) Interest Expense of the Borrower and its Subsidiaries Subsidiaries, on a consolidated basis, for such period, any fiscal quarter to be less than 1.75 2.00 to 1.001.00 at the end of such quarter.
Appears in 1 contract
Samples: Revolving Credit Agreement (Amreit)
Ratio of EBITDA to Interest Expense. The Borrower shall not will not, as of the last day of any fiscal quarter permit the ratio of (i) EBITDA of for the Borrower and its Consolidated Restricted Subsidiaries for the most recent period of four consecutive fiscal quarters then ended ending to (ii) Interest Expense of the Borrower and its Subsidiaries for such period, period to be less than 1.75 2.5 to 1.001.0.
Appears in 1 contract
Samples: Credit Agreement (Linn Energy, LLC)
Ratio of EBITDA to Interest Expense. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries for the most recent period of four consecutive fiscal quarters then ended to (ii) Interest Expense of the Borrower and its Subsidiaries for such period, to be less than 1.75 2.501.75 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (LGI Homes, Inc.)
Ratio of EBITDA to Interest Expense. The Borrower shall not will not, as of the last day of any fiscal quarter, permit the its ratio of (i) EBITDA of the Borrower and its Subsidiaries for the most recent period of four consecutive fiscal quarters then ended ending to (ii) Interest Expense of the Borrower and its Subsidiaries for such period, period to be less than 1.75 2.5 to 1.001.0.
Appears in 1 contract
Ratio of EBITDA to Interest Expense. The Borrower shall not permit the ratio of (i) EBITDA of the Borrower and its Subsidiaries for the most recent period of four consecutive fiscal quarters then ended to (ii) Interest Expense of the Borrower and its Subsidiaries for such period, to be less than 1.75 2.50 to 1.00.. - 90 -
Appears in 1 contract
Samples: Credit Agreement (LGI Homes, Inc.)
