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: Revolving Credit Agreement (Vornado Realty Lp), Guaranty of Completion (Alexanders Inc)

AutoNDA by SimpleDocs

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 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)

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: Revolving Loan Agreement (Avalon Bay 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)

AutoNDA by SimpleDocs

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 quarterquarter and annualized, i.e., multiplied by four (4)), to be less than 1.50 to 1.00.

Appears in 1 contract

Samples: Revolving Loan Agreement (Bay Apartment Communities 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: Revolving Credit Agreement (Vornado Realty Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!