Funds From Operations Interest Coverage Ratio definition
Funds From Operations Interest Coverage Ratio means, with respect to a Party, the sum of such Party’s Net Income from Continuing Operations plus Depreciation and Amortization plus Deferred Income Taxes plus gross interest expense incurred before subtracting capitalized interest and interest income divided by such Party’s gross interest expense incurred before subtracting capitalized interest and interest income. All items included in the calculation of the Funds From Operations Interest Coverage Ratio shall be prepared and calculated in accordance with GAAP.