Unsecured Interest Coverage Ratio. The ratio of Unencumbered Adjusted Net Operating Income for any period of four (4) consecutive fiscal quarters of the Company to Unsecured Interest Expense for such period to be less than 2.0 to 1.0.
Appears in 3 contracts
Samples: Term Loan Agreement (GPT Operating Partnership LP), Credit and Term Loan Agreement (Gramercy Property Trust), Term Loan Agreement (Gramercy Property Trust)
Unsecured Interest Coverage Ratio. The ratio of Unencumbered Adjusted Net Operating Income for any period of four (4) consecutive fiscal quarters of the Company then ended to Unsecured Interest Expense for such period to be less than 2.0 to 1.0.
Appears in 3 contracts
Samples: Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit Agreement (Xenia Hotels & Resorts, Inc.)
Unsecured Interest Coverage Ratio. The ratio of Unencumbered Adjusted Net Operating Income for any period of four (4) consecutive fiscal quarters of the Company to Unsecured Interest Expense for such period to be less than 2.0 to 1.0.
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Gramercy Property Trust Inc.), Revolving Credit and Term Loan Agreement (Gramercy Property Trust Inc.)
Unsecured Interest Coverage Ratio. The ratio of Unencumbered Adjusted Net Operating Income for any period of four (4) consecutive fiscal quarters of the Company to Unsecured Interest Expense for such period to be less than 2.0 to 1.0.. ARTICLE VII
Appears in 1 contract
Samples: Term Loan Agreement
Unsecured Interest Coverage Ratio. The ratio of Unencumbered Adjusted Net Operating Income for any period of four (4) consecutive fiscal quarters of the Company Parent Guarantor to Unsecured Interest Expense for such period to be less than 2.0 2.00 to 1.0.
Appears in 1 contract
Samples: Note Purchase and Guarantee Agreement (Gramercy Property Trust)
