Unsecured Interest Expense means, as to any Person and for any period, all Interest Expense of such Person for such period attributable to Unsecured Indebtedness of such Person.
Unsecured Interest Expense means the interest expense incurred on the Total Unsecured Outstanding Indebtedness.
Unsecured Interest Expense means, for any period, all Consolidated Interest Expense for such period attributable to Unsecured Indebtedness.
Examples of Unsecured Interest Expense in a sentence
Permit the ratio, as of the last day of each fiscal quarter of the REIT for the period of four consecutive quarters then ended, of Unencumbered NOI to Unsecured Interest Expense for such period to be less than 1.75:1.00.
More Definitions of Unsecured Interest Expense
Unsecured Interest Expense means, for any period of determination, Interest Expense for such period attributable to Unsecured Indebtedness of the Parent and its Subsidiaries.
Unsecured Interest Expense means, as of any date of determination, for the previous four (4) Fiscal Quarters, the Interest Expense paid, accrued or capitalized on Unsecured Debt.
Unsecured Interest Expense means, with respect to any period, Consolidated Interest Expense of the Parent and its Subsidiaries for such period attributable to Unsecured Indebtedness of the Parent and its Subsidiaries.
Unsecured Interest Expense means Interest Expense other than Interest Expense payable in respect of Secured Debt.
Unsecured Interest Expense means, for any quarter, the Borrower’s Pro Rata Share of Interest Expense attributable to Total Outstanding Indebtedness constituting Unsecured Indebtedness.
Unsecured Interest Expense means, as of any date of determination, the greater of (i) the product of (a) the Unsecured Indebtedness multiplied by (b) six percent (6.00%), and (ii) the actual interest expense on the Unsecured Indebtedness for the applicable period.
Unsecured Interest Expense means the interest expense paid, accrued or capitalized on the Total Unsecured Outstanding Indebtedness for the applicable period.