Ratio of Adjusted EBITDA to Fixed Charges. The Parent Guarantor and the Borrower shall not permit the ratio of Adjusted EBITDA of the Parent Guarantor and its Subsidiaries on a consolidated basis for any period of four (4) fiscal quarters to Fixed Charges of the Parent Guarantor and its Subsidiaries on a consolidated basis for such period to be less than 1.50 to 1.00.
Appears in 14 contracts
Samples: Term Loan Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust)
Ratio of Adjusted EBITDA to Fixed Charges. The Parent Guarantor and the Borrower shall not permit the ratio of (i) Adjusted EBITDA of the Parent Guarantor and its Subsidiaries on a consolidated basis for any period of four (4) fiscal quarters to (ii) Fixed Charges of the Parent Guarantor and its Subsidiaries on a consolidated basis for such period to be less than 1.40 to 1.00 through and including September 29, 2012 and 1.50 to 1.001.00 thereafter.
Appears in 1 contract
Samples: Credit Agreement (RLJ Lodging Trust)
Ratio of Adjusted EBITDA to Fixed Charges. The Parent Guarantor and the Borrower shall not permit the ratio of Adjusted EBITDA of the Parent Guarantor and its Subsidiaries on a consolidated basis for any period of four (4) fiscal quarters to Fixed Charges of 120 the Parent Guarantor and its Subsidiaries on a consolidated basis for such period to be less than 1.50 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (RLJ Lodging Trust)
