Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then ended and taken as a whole, to be less than 1.85 to 1.0; or
Appears in 4 contracts
Samples: Revolving Loan Agreement (Taubman Realty Group LTD Partnership), Loan Agreement (Taubman Realty Group LTD Partnership), Loan Agreement (Taubman Centers Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1i) Combined EBITDA to (2ii) Interest Expense, each for the twelve (12)-month 12) month period then ended and taken as a whole, to be less than 1.85 1.80 to 1.0; or1.00.
Appears in 3 contracts
Samples: Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc), Secured Revolving Credit Agreement (Taubman Centers Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of At any calendar quartertime, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 2.00 to 1.0; or1.00.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Vornado Realty Trust), Revolving Credit Agreement (Vornado Realty Lp), Guaranty of Completion (Alexanders Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, Expense (each for the twelve (12)-month period then ended and taken as a wholeending with such quarter), to be less than 1.85 2.25 to 1.0; or1.00.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Avalonbay Communities Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, Expense (each for the twelve such calendar quarter and annualized, i.e., multiplied by four (12)-month period then ended and taken as a whole4)), to be less than 1.85 2.50 to 1.0; or1.00.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Bay Apartment Communities Inc), Revolving Loan Agreement (Bay Apartment Communities Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the The ratio of (1) Combined EBITDA to (2) Interest Expense, each for measured as of the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 2.00 to 1.0; or1.00.
Appears in 1 contract
Relationship of Combined EBITDA to Interest Expense. As of the end of At any calendar quartertime, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 2.00 to 1.01.00; or
Appears in 1 contract
Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then ended and taken as a whole, Expense to be less than 1.85 2.00 to 1.01.00; or
Appears in 1 contract
Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1i) Combined EBITDA to (2ii) Interest Expense, each for the twelve (12)-month period then ended and taken as a whole, to be less than 1.85 to 1.01.00; or
Appears in 1 contract
Samples: Revolving Credit Agreement (Taubman Realty Group LTD Partnership)
Relationship of Combined EBITDA to Interest Expense. As of the end of At any calendar quartertime, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 1.60 to 1.0; or1.00. ---------- -----------------------------------
Appears in 1 contract
Samples: Revolving Credit Agreement (First Washington Realty Trust Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1i) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month 12) month period then ended and taken as a whole, to be less than 1.85 1.80 to1.00;
(c) The reference to 1.0; or“7.75%” in Section 8.02(1) is amended to “7.50%”.
(d) The foregoing amendments shall be effective with respect to reporting and calculations for the calendar quarter ending March 31, 2005.
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Taubman Centers Inc)
Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, Expense (each for the twelve (12)-month period then ended and taken as a wholeending with such quarter), to be less than 1.85 2.50 to 1.0; or1.00.
Appears in 1 contract
Samples: Revolving Loan Agreement (Avalon Bay Communities Inc)
