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