Common use of Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense Clause in Contracts

Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense. At any time, the ratio of Unencumbered Combined EBITDA to Unsecured Interest Expense, each for the most recently ended calendar quarter, to be less than 1.50 to 1.00.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Vornado Realty Lp), Alexanders Inc

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Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense. At For any timecalendar quarter, the ratio of (1) Unencumbered Combined EBITDA to (2) Unsecured Interest Expense, Expense (each for the most recently ended such calendar quarter), to be less than 1.50 2.00 to 1.00.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Avalonbay Communities Inc), Revolving Loan Agreement (Avalonbay Communities Inc)

Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense. At For any timecalendar quarter, the ratio of Unencumbered Combined EBITDA to Unsecured Interest Expense, each for the most recently ended calendar quarter, Expense to be less than 1.50 1.60 to 1.00.; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Price Enterprises Inc)

Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense. At any time, the The ratio of Unencumbered Combined EBITDA to Unsecured Interest Expense, each for measured as of the most recently ended calendar quarter, to be less than 1.50 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Vornado Realty Trust)

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Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense. At For any timecalendar quarter, the ratio of (1) Unencumbered Combined EBITDA to (2) Unsecured Interest Expense, Expense (each for the most recently ended such calendar quarter), to be less than 1.50 1.75 to 1.00.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Avalon Bay Communities Inc)

Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense. At any time, the ratio of Unencumbered Combined EBITDA to Unsecured Interest Expense, each for the most recently ended calendar quarter, to be less than 1.50 to 1.00.. 42 44

Appears in 1 contract

Samples: Revolving Credit Agreement (Vornado Realty Trust)

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