Unencumbered Interest Coverage Ratio. The ratio of (i) Unencumbered Net Operating Income to (ii) Unsecured Debt Service for the Borrower’s fiscal quarter most recently ending, to be less than 2.0 to 1.0 at any time.
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Samples: Term Loan Agreement (HRPT Properties Trust), Credit Agreement (HRPT Properties Trust)
Unencumbered Interest Coverage Ratio. The ratio of (i) Unencumbered Net Operating Income to (ii) Unsecured Debt Service for the Borrower’s 's fiscal quarter most recently ending, to be less than 2.0 to 1.0 at any time.
Appears in 1 contract
Unencumbered Interest Coverage Ratio. The ratio of (i) Unencumbered Net Operating Income NOI to (ii) Unsecured Debt Service for the Borrower’s 's fiscal quarter most recently ending, to be less than 2.0 2.25 to 1.0 1.00 at any time.
Appears in 1 contract
Unencumbered Interest Coverage Ratio. The ratio of (i) Unencumbered Net Operating Income NOI to (ii) Unsecured Debt Service for the Borrower’s fiscal quarter most recently ending, to be less than 2.0 2.00 to 1.0 1.00 at any time.
Appears in 1 contract
