Minimum EBITDA to Fixed Charges Ratio. As of the last day of each Rolling Period of the Borrower, the Borrower shall not permit the ratio of EBITDA to Fixed Charges to be less than 1.50 to 1.0.
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Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)
Minimum EBITDA to Fixed Charges Ratio. As of the last day of each Rolling Period Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of EBITDA for the applicable Rolling Period to Fixed Charges for such Rolling Period to be less than 1.50 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Alpine Income Property Trust, Inc.)
Minimum EBITDA to Fixed Charges Ratio. As of the last day of each Rolling Period of the BorrowerBorrower through the quarter ended June 30, 2004, the Borrower shall not permit the ratio of EBITDA to Fixed Charges to be less than 1.45 to 1.0 and as the last day of each Rolling Period thereafter the Borrower shall not permit the ratio of EBITDA to Fixed Charges to be less than 1.50 to 1.0.
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