Unsecured Debt Yield Sample Clauses

Unsecured Debt Yield. At any time, Unsecured Debt Yield to be less than twelve percent (12%).

Unsecured Debt Yield. 35 Section 8.08 Relationship of Unencumbered Combined EBITDA to Interest Expense on Unsecured Indebtedness..........35

Unsecured Debt Yield. As of the last day of each Fiscal Quarter for the immediately preceding consecutive four quarters, the ratio (expressed as a percentage) (the “Unsecured Debt Yield”) of (i) Unencumbered Net Operating Cash Flow to (ii) Unsecured Debt (less the sum of (x) the value of any Unrestricted Cash or Cash Equivalent owned by AMB LP, not to exceed $250,000,000 in the aggregate, and (y) $35,000,000) shall not be less than, (x) with respect to the period commencing on November 10, 2010 and ending on the day immediately prior to the 18 month anniversary of such date, 11%; provided, however, that, in connection with a Material Acquisition, for the four (4) consecutive quarters following such Material Acquisition, the Unsecured Debt Yield may be less than 11%, but in no event less than 10%, and (y) with respect to the period commencing on the 18 month anniversary of November 10, 2010, 11.5%; provided, however, that, in connection with a Material Acquisition, for the four (4) consecutive quarters following such Material Acquisition, the Unsecured Debt Yield may be less than 11.5%, but in no event less than 10.5%. For purposes of determining the Unsecured Debt Yield only, Unencumbered Net Operating Income shall be adjusted to include as to any Unencumbered Property with respect to which a tenant received any free rent during such period, the amount of such free rent as if the same had been paid in cash by such tenant.

Unsecured Debt Yield. 47 Section 8.07 Relationship of Combined EBITDA to Fixed Charges...................................47 Section 8.08 Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense ........................................................47 Section 8.09 Dividend Payment Ratio.............................................................47 Section 8.10 Construction in Progress...........................................................48

Unsecured Debt Yield. For any calendar quarter, Unsecured Debt Yield for such calendar quarter to be less than 15%.

Unsecured Debt Yield. For any calendar quarter, Unsecured Debt Yield for the twelve (12)-month period ending with such calendar quarter to be less than 13.5%. For purposes of this Section, Combined EBITDA shall be adjusted as follows: in the case of properties acquired during such twelve (12)-month period, such property's contribution to Combined EBITDA shall be annualized, and in the case of properties disposed of during such twelve (12)-month period, such property's contribution to Combined EBITDA shall be disregarded.

Unsecured Debt Yield. 48 Section 8.07 Relationship of Unencumbered Combined EBITDA to Unsecured Interest Expense................. 48 Page Section 8.08 Relationship of Dividends to Funds From Operations........................................... 48 Section 8.09 Relationship of Secured Indebtedness to Capitalization Value................................. 48