Common use of Unencumbered Property Debt Yield Clause in Contracts

Unencumbered Property Debt Yield. The quotient of (a) Net Operating Income from all Unencumbered Properties included in the calculation of Unencumbered Asset Value for the most recent calendar quarter, annualized, divided by (b) Consolidated Total Adjusted Unsecured Debt, expressed as a percentage.

Appears in 3 contracts

Samples: Credit Agreement (DuPont Fabros Technology LP), Credit Agreement (Dupont Fabros Technology, Inc.), Credit Agreement (Dupont Fabros Technology, Inc.)

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Unencumbered Property Debt Yield. The quotient of (a) Unencumbered Net Operating Income from all Unencumbered Properties included in the calculation of Unencumbered Asset Value for the most recent calendar fiscal quarter, annualized, divided by (b) Consolidated Total Adjusted Unsecured DebtIndebtedness, expressed as a percentage.

Appears in 2 contracts

Samples: Credit Agreement (CyrusOne Inc.), Credit Agreement (CyrusOne Inc.)

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Unencumbered Property Debt Yield. The quotient of (a) Net Operating Income from all Unencumbered Properties included in the calculation of Unencumbered Asset Value for the most recent calendar quarter, annualized, divided by (b) Consolidated Total Adjusted Unsecured Debt, expressed as a percentage. Unhedged Variable Rate Debt. Any Indebtedness with respect to which the interest rate is not fixed (or hedged to a fixed rate) for the entire term of such Indebtedness to maturity.

Appears in 1 contract

Samples: Term Loan Agreement (Dupont Fabros Technology, Inc.)

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