Common use of Relationship of Combined EBITDA to Interest Expense Clause in Contracts

Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then ended and taken as a whole, to be less than 1.85 to 1.0; or

Appears in 4 contracts

Samples: Revolving Loan Agreement (Taubman Centers Inc), Loan Agreement (Taubman Realty Group LTD Partnership), Revolving Loan Agreement (Taubman Realty Group LTD Partnership)

AutoNDA by SimpleDocs

Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1i) Combined EBITDA to (2ii) Interest Expense, each for the twelve (12)-month 12) month period then ended and taken as a whole, to be less than 1.85 1.80 to 1.0; or1.00.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Taubman Centers Inc), Assignment and Assumption Agreement (Taubman Centers Inc), Assignment and Assumption Agreement (Taubman Centers Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of At any calendar quartertime, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 2.00 to 1.0; or1.00.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Vornado Realty Lp), Revolving Credit Agreement (Vornado Realty Trust), Alexanders Inc

Relationship of Combined EBITDA to Interest Expense. As of the end of At any calendar quartertime, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 1.60 to 1.0; or1.00. ---------- -----------------------------------

Appears in 1 contract

Samples: Revolving Credit Agreement (First Washington Realty Trust Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, Expense (each for the twelve (12)-month period then ended and taken as a wholeending with such quarter), to be less than 1.85 2.25 to 1.0; or1.00. Section 8.04

Appears in 1 contract

Samples: Revolving Loan Agreement (Avalonbay Communities Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, Expense (each for the twelve (12)-month period then ended and taken as a wholeending with such quarter), to be less than 1.85 2.50 to 1.0; or1.00.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Avalon Bay Communities Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1i) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month 12) month period then ended and taken as a whole, to be less than 1.85 to 1.0; or1.80 to1.00;

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Taubman Centers Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the The ratio of (1) Combined EBITDA to (2) Interest Expense, each for measured as of the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 2.00 to 1.0; or1.00.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Vornado Realty Trust)

AutoNDA by SimpleDocs

Relationship of Combined EBITDA to Interest Expense. As of the end of At any calendar quartertime, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then most recently ended and taken as a wholecalendar quarter, to be less than 1.85 2.00 to 1.01.00; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Vornado Realty Lp)

Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, each for the twelve (12)-month period then ended and taken as a whole, Expense to be less than 1.85 2.00 to 1.01.00; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Price Enterprises Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of For any calendar quarter, the ratio of (1) Combined EBITDA to (2) Interest Expense, Expense (each for the twelve (12)-month period then ended and taken as a wholeending with such quarter), to be less than 1.85 2.25 to 1.0; or1.00.

Appears in 1 contract

Samples: Revolving Loan Agreement (Avalonbay Communities Inc)

Relationship of Combined EBITDA to Interest Expense. As of the end of any calendar quarter, the ratio of (1i) Combined EBITDA to (2ii) Interest Expense, each for the twelve (12)-month period then ended and taken as a whole, to be less than 1.85 to 1.01.00; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Taubman Realty Group LTD Partnership)

Time is Money Join Law Insider Premium to draft better contracts faster.