Common use of Unencumbered Interest Coverage Ratio Clause in Contracts

Unencumbered Interest Coverage Ratio. (a) Net Operating Income for the Unencumbered Pool, less Capital Expenditure Reserve for each such property $___________ (b) Actual Interest Expense on Unsecured Debt other than Subordinated Debt $___________ (c) Assumed interest due on Unsecured Debt other than Subordinated Debt at 5.50% per annum $___________ (d) Greater of (b) or (c) $___________

Unencumbered Interest Coverage Ratio. (a) Net Operating Income for the Unencumbered Pool, less Capital Expenditure Reserve for each such property not subject to a Lien $____________ (b) Actual Interest Expense on Unsecured Debt other than Subordinated Debt $___________EXHIBIT A unsecured debt (c) Assumed interest due Interest on Unsecured Debt other than Subordinated Debt at 5.50unsecured debt calculated @7.50% per annum $___________ ___ (d) Greater of (b) or and (c) $_____________ (e) Unencumbered Interest Coverage Ratio ((a) to (d)) _____: 1.0

Unencumbered Interest Coverage Ratio. (a) Net Operating Income for the Unencumbered Pool, less Capital Expenditure Reserve for each such property $___________ (b) Actual Interest Expense on Unsecured Debt other than Subordinated Debt $___________ (c) Assumed interest due on Unsecured Debt other than Subordinated Debt at 5.505.75% per annum $___________ (d) Greater of (b) or (c) $___________

Unencumbered Interest Coverage Ratio. (a) Net Operating Income for the Unencumbered Pool, less Capital Expenditure Reserve for each such property $___________ (b) Actual Interest Expense on Unsecured Debt other than Subordinated Debt $___________ (c) Assumed interest due on Unsecured Debt other than Subordinated Debt at 5.506% per annum $annum$___________ _ (d) Greater of (b) or (c) $___________ (e) Unencumbered Interest Coverage Ratio ((a) to (d))12 ______ : 1.00

Unencumbered Interest Coverage Ratio. (a) Net Operating Income for the Unencumbered Pool, less Capital Expenditure Reserve for each such property Property that is not subject to any Lien $___________ (b) Actual Interest Expense on Unsecured Debt other than Subordinated Debt $___________ (c) Assumed interest due on Unsecured Debt other than Subordinated Debt at 5.50% per annum $___________ (d) Greater of (b) or (c) Unsecured Interest Expense $________ (c) Unencumbered Interest Coverage Ratio ((a) to (b)) ______ % (must be not less than 2.00: 1.00)

Unencumbered Interest Coverage Ratio. (a) Adjusted Net Operating Income for the Unencumbered Pool, less Capital Expenditure Reserve for each such property Pool $___________ (b) Actual Interest Expense on Unsecured Debt other than Subordinated Debt $___________ (c) Assumed interest due on Unsecured Debt other than Subordinated Debt at 5.505.75% per annum $___________ (d) Greater of (b) or (c) $___________