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%.
Appears in 2 contracts
Sources: Revolving Credit Agreement (General Growth Properties Inc), Term Credit Agreement (General Growth Properties Inc)
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 EBITDA, plus (B) interest paid from reserves established under construction loans to (ii) Total Adjusted Outstanding Indebtedness shall not be less than 13.25%.
Appears in 1 contract
Sources: Term Loan Agreement (General Growth Properties Inc)
Minimum Debt Yield. As of the last day of each fiscal quarterquarter for the fiscal quarter then ended, annualized, 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 Indebted- ness shall not be less than 13.2516.00%.
Appears in 1 contract
Sources: Revolving Credit Agreement (U S Restaurant Properties Inc)
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%.
Appears in 1 contract
Sources: Revolving Credit Agreement (General Growth Properties Inc)