Suspension of Covenants. During a Suspension Period, the Parent, the Issuers and the Restricted Subsidiaries shall not be subject to Section 5.09, 5.11, 5.12, 5.13, 5.14 or 6.01(a)(3) (each a “Suspended Covenant”). All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 11 contracts
Samples: Twelfth Supplemental Indenture (MPT Operating Partnership, L.P.), Eleventh Supplemental Indenture (MPT Operating Partnership, L.P.), First Supplemental Indenture (MPT Operating Partnership, L.P.)
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers and the Restricted Subsidiaries shall not be subject to Section 5.07, Section 5.09, 5.11, 5.12, 5.13, 5.14 or 6.01(a)(3) (each a “Suspended Covenant”). All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 3 contracts
Samples: Seventeenth Supplemental Indenture (MPT Operating Partnership, L.P.), Supplemental Indenture (MPT Operating Partnership, L.P.), MPT Operating Partnership, L.P.
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers and the Restricted Subsidiaries shall not be subject to Section 5.094.09, 5.114.11, 5.124.12, 5.134.13, 5.14 4.14 or 6.01(a)(35.01(a)(3) (each a “Suspended Covenant”). All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c4.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 3 contracts
Samples: Medical Properties Trust Inc, MPT Operating Partnership, L.P., Medical Properties Trust, LLC
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers and the Restricted Subsidiaries shall not be subject to Section 5.07, 5.09, 5.11, 5.12, 5.13, 5.14 or 6.01(a)(3) (each a “Suspended Covenant”). All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 1 contract
Samples: Sixteenth Supplemental Indenture (MPT Operating Partnership, L.P.)
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers Parent and the its Restricted Subsidiaries shall not be subject to Section 5.0910.8, 5.1110.9, 5.1210.10, 5.1310.11, 5.14 10.12, 10.13, 10.14 or 6.01(a)(314.1(a)(3) (each a “Suspended Covenant”). All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 1 contract
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers Parent and the its Restricted Subsidiaries shall not be subject to Section 5.094.08, 5.114.09, 5.124.10, 5.134.11, 5.14 4.12, 4.13 or 6.01(a)(3) (each a “Suspended Covenant”)4.14. All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 1 contract
Samples: Sabra Health Care REIT, Inc.
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers Parent and the its Restricted Subsidiaries shall not be subject to Section 5.099.8, 5.119.9, 5.129.10, 5.139.11, 5.14 9.12, 9.13, 9.14 or 6.01(a)(313.1(a)(iii) (each a “Suspended Covenant”). All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 1 contract
Samples: CareTrust REIT, Inc.
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers Parent and the its Restricted Subsidiaries shall not be subject to Section 5.0910.8, 5.1110.9, 5.1210.10, 5.1310.11, 5.14 10.12, 10.13 or 6.01(a)(3) (each a “Suspended Covenant”)10.14. All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 1 contract
Samples: First Supplemental Indenture (Sabra Health Care REIT, Inc.)
Suspension of Covenants. During a Suspension Period, the Parent, the Issuers Parent and the its Restricted Subsidiaries shall not be subject to Section 5.0910.8, 5.1110.9, 5.1210.10, 5.1310.11, 5.14 or 6.01(a)(3) (each a “Suspended Covenant”)10.12, 10.13 and 10.14. All other provisions of this Indenture shall apply at all times during any Suspension Period so long as any Notes remain outstanding hereunder; provided that the Interest Coverage Ratio that will be applicable under Section 5.08(c) will be 1.5 to 1.0 during any Suspension Period.
Appears in 1 contract
