ling 12 months ending March 31, 2012, did not meet the threshold. In accordance with the terms of the loan agreement, effective in May 2012, 50% of KC Propco's future Excess Cash Flow will be swept into a cash management account. For the CMBS loan, management's estimate of fair value is based on available i

ecember 1, 2015. The CMBS loan contains various customary nonfinancial covenants. The key nonfinancial covenants applicable to KC Propco restricts KC Propco's ability to, among other things, amend lease provisions; impair the value of KUEH's operating companies' leasing arrangements; collect any rents more