Unencumbered Consolidated EBITDA means, for any period of time, Consolidated EBITDA for such period of time less any portion thereof attributable to assets serving as collateral for Secured Debt.
Unencumbered Consolidated EBITDA means, for any quarter, Consolidated EBITDA for the most recent quarterly period covered in the annual or quarterly report of the Company most recently furnished to Holders or filed with the SEC, as the case may be and in accordance with Section 4.06 hereof, prior to the time of determination less any portion thereof attributable to any properties or assets subject to any Secured Debt, as determined in good faith by the Company.
Unencumbered Consolidated EBITDA means, for any quarter, Consolidated EBITDA for the most recent quarterly period covered in Digital Realty Trust, L.P.’s annual or quarterly report most recently furnished to holders of the notes or filed with the SEC, as the case may be, in the manner described under “—Reports,” prior to the time of determination, less any portion thereof attributable to any properties or assets subject to any Secured Debt, as determined in good faith by Digital Realty Trust, L.P.
Examples of Unencumbered Consolidated EBITDA in a sentence
The Trust will not permit the ratio of (a) Unencumbered Consolidated EBITDA for any period of four consecutive fiscal quarters of the Trust to (b) Unsecured Debt Service for such period, to be less than 1.5 to 1.0.
Unencumbered Consolidated EBITDA • $ [ ] Unsecured Consolidated Interest Expense • $ [ ] Unsecured Interest Coverage Ratio [ ] Minimum permitted if Leverage Ratio < 7.00:1.00 1.75:1.00 if Leverage Ratio ≥ 7.00:1.00 1.50:1.00 c.
More Definitions of Unencumbered Consolidated EBITDA
Unencumbered Consolidated EBITDA means, for any period, that portion of Consolidated EBITDA for such period attributable to those assets which are (a) not encumbered by Liens and (b) not owned by Subsidiaries of the Company that have Subsidiary Indebtedness.
Unencumbered Consolidated EBITDA means, for any quarter, Consolidated EBITDA for the most recent quarterly period covered in the Company’s annual or quarterly report most recently furnished to Holders or filed with the SEC, as the case may be and in accordance with Section 6.3 hereof, prior to the time of determination, less any portion thereof attributable to any properties or assets subject to any Secured Debt, as determined in good faith by the Company.
Unencumbered Consolidated EBITDA means, for any period, that portion of Consolidated EBITDA for such period attributable to those assets which (a) do not secure Indebtedness for borrowed money and (b) not owned by Subsidiaries of the Company that have Subsidiary Indebtedness.
Unencumbered Consolidated EBITDA means, for any period, that portion of Consolidated EBITDA for such period attributable to those assets which are not encumbered by Liens or which are owned by Subsidiaries of the U.S. Borrower that have not incurred Subsidiary Indebtedness.
Unencumbered Consolidated EBITDA means, for any period, that portion of Consolidated EBITDA for such period attributable to those assets which
Unencumbered Consolidated EBITDA means, for any quarter, Consolidated EBITDA for the most recent quarterly period covered by the Operating Partnership’s Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as the case may be, most recently filed with the SEC prior to the time of determination less any portion thereof attributable to assets serving as collateral for Secured Debt, as determined in good faith by the Operating Partnership.
Unencumbered Consolidated EBITDA means, for any period, (a) Consolidated EBITDA for such period, minus (b) the portion of revenues included in such Consolidated EBITDA other than from Unencumbered Projects.