“Unencumbered Cash Flow Ratio” means, as of any date of determination, the ratio of # Adjusted NOI with respect to Unencumbered Properties for the fiscal quarter ending on such date to # Interest Expense on Unsecured Debt for the fiscal quarter ending on such date.
“Unencumbered Interest Coverage Ratio” means, as of the last day of any fiscal quarter, the ratio of # Unencumbered NOI for all Unencumbered Eligible Properties for such fiscal quarter to # Unsecured Interest Expense for such fiscal quarter.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.