Total Debt Service Coverage Ratio

Example Definitions of "Total Debt Service Coverage Ratio"
Total Debt Service Coverage Ratio. Shall mean, as of any fiscal quarter end, the ratio of (a) the aggregate Net Operating Income for all of the Properties for the period of the four (4) consecutive fiscal quarters ending on or immediately prior to such date to (b) the sum of (i) Property Interest Expense and (ii) Facility Interest Expense, each for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date
Found in Landmark Apartment Trust, Inc. contract
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