Unsecured Interest Coverage Ratio. The ratio of Unencumbered Adjusted Net Operating Income for any period of four consecutive fiscal quarters of the Company then ended to Unsecured Interest Expense for such period to be less than 2.0 to 1.0.
Unsecured Interest Coverage Ratio. The ratio of Unencumbered NOI for any period of four consecutive fiscal quarters of the Borrower to Unsecured Interest Expense for such period is greater than 1.75 to 1.0 at the last day of the four consecutive fiscal quarters of the Borrower prior to the execution of this certificate.
Unsecured Interest Coverage Ratio. Commencing with the final fiscal quarter occurring during the Covenant Waiver Period (which shall in no event be later than the fiscal quarter ending June 30, 2022), the ratio of Unencumbered Adjusted Net Operating Income for any period of four consecutive fiscal quarters of the Company then ended to Unsecured Interest Expense for such period (subject to Section 6.12(h)) to be less than 2.0 to 1.0; provided that such ratio may be less than 2.0 to 1.0 during the Permitted Variations Period, so long as such ratio is not less than 1.60 to 1.0 (the “Permitted Unsecured Interest Coverage Variation” and, together with the Permitted Leverage Variation, the “Permitted Variations”).”
Unsecured Interest Coverage Ratio. The Borrower will not at any time permit the Unsecured Interest Coverage Ratio, to be less than 1.75 to 1.00.
Unsecured Interest Coverage Ratio. Permit the Unsecured Interest Coverage Ratio to be less than 2.0 to 1.0 at any date of determination.
Unsecured Interest Coverage Ratio. The Parent shall maintain at the end of each Rolling Period an Unsecured Interest Coverage Ratio of not less than 2.25 to 1.0.
Unsecured Interest Coverage Ratio. Section 6.7. Consolidated Tangible Net Worth Section 6.76.8. Unencumbered Pool Covenants
Unsecured Interest Coverage Ratio. Commencing with the final fiscal quarter occurring during the Covenant Waiver Period (which shall in no event be later than the fiscal quarter ending March 31, 2022), the ratio of Unencumbered Adjusted Net Operating Income for any period of four consecutive fiscal quarters of the Company then ended to Unsecured Interest Expense for such period (subject to Section 6.12(h)) to be less than 2.0 to 1.0; provided that such ratio may be less than 2.0 to 1.0 during the Permitted
Unsecured Interest Coverage Ratio. As of the last day of each fiscal quarter of the Consolidated Group, the Unsecured Interest Coverage Ratio shall be greater than or equal to 2.0 to 1.0.
Unsecured Interest Coverage Ratio. The Parent shall maintain at the end of each Rolling Period (a) for the Rolling Periods ending on June 30, 1998 through March 31, 1999, an Unsecured Interest Coverage Ratio of not less than 2.4 to 1.0 and (b) for any Rolling Period thereafter, an Unsecured Interest Coverage Ratio of not less than 2.5 to 1.0.
