Common use of Unencumbered Debt Service Coverage Ratio Clause in Contracts

Unencumbered Debt Service Coverage Ratio. Prologis shall not permit the Unencumbered Debt Service Coverage Ratio, as of the last day of any fiscal quarter, to be less than 1.50 to 1.0.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.)

AutoNDA by SimpleDocs

Unencumbered Debt Service Coverage Ratio. Prologis ProLogis shall not permit the Unencumbered Debt Service Coverage Ratio, as of the last day of any fiscal quarter, to be less than 1.50 to 1.0.

Appears in 1 contract

Samples: Global Senior Credit Agreement (Prologis)

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