Common use of Minimum Fixed Charge Coverage Ratio Clause in Contracts

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 to 1.00 at any time.

Appears in 15 contracts

Samples: Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.), Term Loan Agreement (Piedmont Office Realty Trust, Inc.)

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Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four consecutive two (2) fiscal quarters of the Parent most recently ending ended to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.5 to 1.00 at any time.

Appears in 13 contracts

Samples: Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.), Credit Agreement (Kite Realty Group, L.P.)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four two consecutive fiscal quarters of the Parent Trust most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.40 to 1.00 at any time.

Appears in 8 contracts

Samples: Term Loan Agreement (Lexington Realty Trust), Credit Agreement (Lexington Realty Trust), Pledge Agreement (Lexington Realty Trust)

Minimum Fixed Charge Coverage Ratio. The Permit the ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges for the Calculation Period ending as of the Parent for such periodlast day of any fiscal quarter of Parent, to be less than 1.50 to 1.00 at any time1.0.

Appears in 8 contracts

Samples: Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries determined on a consolidated basis for the period of four consecutive fiscal quarters quarter of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 to 1.00 at any time.

Appears in 5 contracts

Samples: Term Loan Agreement (Corporate Office Properties, L.P.), And Consolidated Credit Agreement (Corporate Office Properties, L.P.), Term Loan Agreement (Corporate Office Properties Trust)

Minimum Fixed Charge Coverage Ratio. The Parent and the Borrower shall not at any time permit the ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries for the period of four twelve consecutive fiscal quarters of the Parent months most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 to 1.00 at any time1.00.

Appears in 5 contracts

Samples: Credit Agreement (DiamondRock Hospitality Co), Term Loan Agreement (DiamondRock Hospitality Co), Term Loan Agreement (DiamondRock Hospitality Co)

Minimum Fixed Charge Coverage Ratio. The Parent shall not permit the ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending ended to (ii) Fixed Charges of the Parent for such period, period to be less than 1.50 to 1.00 at any timeas of the last day of such period.

Appears in 4 contracts

Samples: Term Loan Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries determined on a consolidated basis for the period of four consecutive fiscal quarters quarter of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 to 1.00 at any time1.00.

Appears in 4 contracts

Samples: Credit Agreement (Corporate Office Properties Trust), Term Loan Agreement (Corporate Office Properties, L.P.), Term Loan Agreement (Corporate Office Properties, L.P.)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries determined on a consolidated basis for the period of four consecutive fiscal quarters quarter of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.40 to 1.00 at any time.

Appears in 4 contracts

Samples: Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)

Minimum Fixed Charge Coverage Ratio. The Permit the ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges Charges, as of the Parent for such periodlast day of any fiscal quarter of Parent, to be less than 1.50 to 1.00 at any time1.0.

Appears in 4 contracts

Samples: Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 to 1.00 at any time.

Appears in 3 contracts

Samples: Credit Agreement (Sl Green Realty Corp), Credit Agreement (Sl Green Realty Corp), Credit Agreement (Sl Green Realty Corp)

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Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries for the period of four consecutive fiscal quarters quarter of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.60 to 1.00 at any time.

Appears in 2 contracts

Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters quarter of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.5 to 1.00 at any time.

Appears in 1 contract

Samples: Credit Agreement (Kite Realty Group Trust)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four consecutive twofour (24) fiscal quarters of the Parent most recently ending ended to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.5 to 1.00 at any time.

Appears in 1 contract

Samples: Term Loan Agreement (Kite Realty Group, L.P.)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 1.60 to 1.00 at any time.

Appears in 1 contract

Samples: Credit Agreement (DiamondRock Hospitality Co)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than the ratio in the table below corresponding to the applicable period: Four-Quarter Period Ending Ratio On or before December 31, 2008 1.250 to 1.00 After December 31, 2008 and on or before December 31, 2009 1.350 to 1.00 After December 31, 2009 1.50 to 1.00 at any time.1.0

Appears in 1 contract

Samples: Pledge Agreement (Ashford Hospitality Trust Inc)

Minimum Fixed Charge Coverage Ratio. The ratio of (i) Adjusted EBITDA of the Parent and its Subsidiaries for the period of four consecutive fiscal quarters quarter of the Parent most recently ending to (ii) Fixed Charges of the Parent for such period, to be less than 1.50 to 1.00 at any time.

Appears in 1 contract

Samples: Credit Agreement (DiamondRock Hospitality Co)

Minimum Fixed Charge Coverage Ratio. The Permit the ratio of (i) Adjusted EBITDA for the period of four consecutive fiscal quarters of the Parent most recently ending to (ii) Fixed Charges Charges, as of the Parent for such periodlast day of any fiscal quarter of Parent, to be less than 1.50 1.75 to 1.00 at any time1.0.

Appears in 1 contract

Samples: Credit Agreement (Armada Hoffler Properties, Inc.)

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