Minimum Debt Yield Clause Samples
Minimum Debt Yield. As of the last day of each fiscal quarter, the ratio (expressed as a percentage) of (i) the sum of (A) Combined EBITDA plus (B) interest paid from reserves established under construction loans to (ii) Total Adjusted Outstanding Indebtedness shall not be less than 13.25%.
Minimum Debt Yield. As of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, the ratio (expressed as a percentage) (the "Debt Yield") of
(1) Combined EBITDA to (2) Total Adjusted Outstanding Indebtedness (less unrestricted Cash and Cash Equivalents of the Borrower) shall not be less than 13.5%.
Minimum Debt Yield. The ratio of EBITDA (notwithstanding the definition of such term, with respect to any Westcor entity that has not achieved Stabilization, EBITDA for such entity shall be calculated for the most recent fiscal quarter and annualized) to Total Liabilities shall not be less than the ratios (expressed as a percentage) set forth below for the periods indicated below:
Minimum Debt Yield. The Borrower will not at any time permit the Borrower Debt Yield to be less than or equal to fourteen percent (14.0%).
Minimum Debt Yield. As of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, the ratio (expressed as a percentage) (the "DEBT YIELD") of (1) Combined EBITDA to (2) Total Adjusted Outstanding Indebtedness (less unrestricted Cash and Cash Equivalents of the Borrower) shall not be less than 13.5%.
Minimum Debt Yield. The Borrowers and Parent shall not permit the Debt Yield of the Loan Parties and their respective Subsidiaries determined on a consolidated basis for the fiscal quarter most recently ended to be less than (i) 9% from the Agreement Date through and including December 31, 2013, (ii) 9.75% from January 1, 2014 through and including June 30, 2015, and (iii) 11% thereafter.
Minimum Debt Yield. As of the first day of each calendar quarter ------------------ for the immediately preceding calendar quarter, the ratio (the "Debt Yield"), expressed as a percent age, of (i) Total NOI multiplied by four (4), to (ii) Total Outstanding Indebtedness shall not be less than 16%.
Minimum Debt Yield an 11.5% Debt Yield Ratio on the collateral securing the obligations under the New Bank Term Loan Facility to be first tested at the end of first fiscal quarter of 2023 and on a quarterly basis thereafter; (ii)
Minimum Debt Yield. As of the first day of each fiscal quarter ------------------ for the immediately preceding consecutive four fiscal quarters, the ratio (expressed as a percentage) (the "Debt Yield") of (1)
Minimum Debt Yield. At any Measurement Date, Total Annualized NOI ------------------ shall not be less than 13% of Total Interest Bearing Debt. All accounting terms used but not defined herein shall be used as defined under GAAP. All references to financial information and results of operations are intended to apply to Weeks Corporation and the Consolidated Entities on a consolidated basis.