Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the period of four fiscal quarters most recently ended to (ii) Unsecured Interest Expense for the period of four fiscal quarters most recently ended, to be less than 1.75 to 1.00 as of the last day of such period of four fiscal quarters.
Appears in 7 contracts
Samples: Credit Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Lp)
Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the period of four consecutive fiscal quarters most recently ended to (ii) Unsecured Interest Expense of the Parent and its Subsidiaries for the period of four fiscal quarters most recently endedsuch period, to be less than 1.75 to 1.00 as of the last day of such period of four fiscal quartersperiod.
Appears in 4 contracts
Samples: Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent, L.P.)
Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the period of four any fiscal quarters most recently ended quarter (solely for this clause (i), calculated on an accrual basis for such fiscal quarter with respect to property taxes and insurance) to (ii) Unsecured Interest Expense of the Parent and its Subsidiaries determined on a consolidated basis for the period of four such fiscal quarters most recently endedquarter, to be less than 1.75 to 1.00 as of the last day of such period of four fiscal quartersquarter.β
Appears in 2 contracts
Samples: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)
Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the period of four any fiscal quarters most recently ended quarter to (ii) Unsecured Interest Expense of the Parent and its Subsidiaries determined on a consolidated basis for the period of four such fiscal quarters most recently endedquarter, to be less than 1.75 to 1.00 as of the last day of such period of four fiscal quartersquarter.
Appears in 2 contracts
Samples: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)
Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the any period of four consecutive fiscal quarters most recently ended on or after September 30, 2013, to (ii) Unsecured Interest Expense of the Parent and its Subsidiaries determined on a consolidated basis for the period of same four fiscal quarters most recently endedquarter period, to be less than 1.75 2.00 to 1.00 as of the last day of such period of four fiscal quartersat any time.
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Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the period of four any fiscal quarters most recently ended quarter (solely for this clause (i), calculated on an accrual basis for such fiscal quarter with respect to property taxes and insurance) to (ii) Unsecured Interest Expense of the Parent and its Subsidiaries determined on a consolidated basis for the period of four such fiscal quarters most recently endedquarter, to be less than 1.75 to 1.00 as of the last day of such period of four fiscal quartersquarter.
Appears in 1 contract
Samples: Term Loan Agreement (CBL & Associates Properties Inc)
Ratio of Unencumbered NOI to Unsecured Interest Expense. The Parent shall not permit the ratio of (i) Unencumbered NOI for the period of four consecutive fiscal quarters most recently ended to (ii) Unsecured Interest Expense of the Parent and its Subsidiaries for the period of four fiscal quarters most recently endedsuch period, to be less than 1.75 2.00 to 1.00 as of the last day of such period of four fiscal quartersperiod.
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