Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary to, make any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries to exceed 35.0% of Total Asset Value at any time:
Appears in 4 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary to, make any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries to exceed 35.030.0% of Total Gross Asset Value at any time (or in the case of promissory notes and marketable securities described in subsection (e) below to exceed 10.0% of Gross Asset Value at any time:):
Appears in 3 contracts
Samples: Credit Agreement (UDR, Inc.), Term Loan Agreement (UDR, Inc.), Term Loan Agreement (UDR, Inc.)
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary to, make any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries to exceed 35.0% the following percentages of Total Asset Value at any time:
Appears in 2 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary to, make any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries (without duplication) to exceed 35.0% of Total Asset Value at any time:
Appears in 2 contracts
Samples: Credit Agreement (St Joe Co), Credit Agreement (St Joe Co)
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary or any other Loan Party to, make any Investment in or otherwise own or hold the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries to exceed 35.020.0% of Total Asset Value at any time:
Appears in 2 contracts
Samples: Credit Agreement (Senior Housing Properties Trust), Credit Agreement (Hospitality Properties Trust)
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary or any other Loan Party to, make any Investment in or otherwise own or hold the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries (without duplication) to exceed 35.025.0% of Total Asset Value at any time:
Appears in 1 contract
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary to, make any Investment in or otherwise own the following items which would cause the aggregate value of such holdings of the Borrower and such other Subsidiaries to exceed 35.030.0% of Total Gross Asset Value at any time:
Appears in 1 contract
Samples: Credit Agreement (United Dominion Realty Trust Inc)
Certain Permitted Investments. The Borrower shall not, and shall not permit any Subsidiary or any other Loan Party to, make any Investment in or otherwise own the following items which would cause the aggregate value of all such holdings of the Borrower and such other Subsidiaries (without duplication) to exceed 35.040.0% of Total Asset Value at any time:
Appears in 1 contract
