Common use of EBITDA to Interest Expense Ratio Clause in Contracts

EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of Guarantor commencing with the fiscal quarter ending on December 31, 2022, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.50 to 1.00, calculated on a trailing four-quarter basis.

Appears in 1 contract

Samples: FS Credit Real Estate Income Trust, Inc.

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EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of Guarantor commencing with the fiscal quarter ending on December March 31, 20222021, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.50 to 1.00, calculated on a trailing four-quarter basis.

Appears in 1 contract

Samples: Guaranty (FS Credit Real Estate Income Trust, Inc.)

EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of Guarantor commencing with the fiscal quarter ending on December 31September 30, 20222018, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.50 to 1.001.0, calculated on a trailing four-quarter basis.

Appears in 1 contract

Samples: Guarantee Agreement (FS Credit Real Estate Income Trust, Inc.)

EBITDA to Interest Expense Ratio. As of the end of each the most recently ended fiscal quarter of Guarantor commencing with the fiscal quarter ending on December 31, 2022Guarantor, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall was not at any time be less than 1.50 to 1.00, calculated on a trailing four-quarter basis. A calculation of Guarantor’s EBITDA to Interest Expense ratio as of the last day of the most recently ended fiscal quarter is set forth on Schedule 1.

Appears in 1 contract

Samples: Limited Guaranty (FS Credit Real Estate Income Trust, Inc.)

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EBITDA to Interest Expense Ratio. As of the end of each fiscal quarter of Guarantor commencing with the fiscal quarter ending on December 31, 2022Guarantor, the ratio of Guarantor’s EBITDA to Guarantor’s Interest Expense shall not at any time be less than 1.50 to 1.00, calculated on a trailing four-quarter basis.

Appears in 1 contract

Samples: Limited Guaranty (FS Credit Real Estate Income Trust, Inc.)

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