Consolidated Total Indebtedness to Gross Asset Value. The Borrower will not at any time permit the ratio of Consolidated Total Indebtedness to Gross Asset Value (expressed as a percentage) to exceed sixty percent (60.0%).
Consolidated Total Indebtedness to Gross Asset Value. Parent Company will not at any time permit the ratio of Consolidated Total Indebtedness to Parent Company’s Gross Asset Value (expressed as a percentage) to exceed sixty percent (60%); provided, however, that one or more periods of up to four (4) consecutive fiscal quarters immediately following each Material Acquisition of which Borrower has given Agent written notice (with such four (4) consecutive fiscal quarter period to include the quarter in which such Material Acquisition is consummated), the ratio (expressed as a percentage) of such Consolidated Total Indebtedness to Gross Asset Value may exceed sixty percent (60%) but shall not exceed sixty-five percent (65%) during such period;
Consolidated Total Indebtedness to Gross Asset Value. Parent Company will not at any time permit the ratio of Consolidated Total Indebtedness to Parent Company’s Gross Asset Value (expressed as a percentage) to exceed sixty percent (60%).
Consolidated Total Indebtedness to Gross Asset Value. (a) The Issuer shall not permit at any time Consolidated Total Indebtedness to exceed 60% of Gross Asset Value; provided that, at the Issuer’s election, for an Elevated Period, Consolidated Total Indebtedness may exceed 60% of Gross Asset Value but in no event may Consolidated Total Indebtedness exceed 65% of Gross Asset Value (the “Elevated Leverage Ratio”).
Consolidated Total Indebtedness to Gross Asset Value. Consolidated Total Indebtedness shall not exceed sixty percent (60%) of Gross Asset Value; provided that for a period of up to two (2) fiscal quarters following a Material Acquisition, the Consolidated Total Indebtedness shall not exceed a maximum of sixty-five percent (65%) of Gross Asset Value.
Consolidated Total Indebtedness to Gross Asset Value. Guarantor will not permit Consolidated Total Indebtedness to exceed sixty-five percent (65%) of Guarantor’s Gross Asset Value.
Consolidated Total Indebtedness to Gross Asset Value. The Borrower will not at any time permit the ratio of Consolidated Total Indebtedness to Gross Asset (expressed as a percentage) to exceed the following: Fiscal Quarter ending on or before Percentage September 30, 2013 60.0 % Thereafter 55.0 %
Consolidated Total Indebtedness to Gross Asset Value. Consolidated Total Indebtedness shall not exceed sixty percent (60%) of Parent Borrower’s Gross Asset Value.
Consolidated Total Indebtedness to Gross Asset Value. Borrower will not at any time permit Consolidated Total Indebtedness to exceed sixty percent (60%) of Borrower’s Gross Asset Value; provided, however, that for one (1) or more periods of up to two (2) consecutive calendar quarters immediately following a Material Acquisition of which Borrower has given Agent written notice (with such two (2) consecutive calendar quarter period to include the quarter in which such Material Acquisition is consummated), the ratio (expressed as a percentage) of such Consolidated Total Indebtedness to Gross Asset Value may exceed sixty percent (60%) but shall not exceed sixty-five percent (65%) during such period.
Consolidated Total Indebtedness to Gross Asset Value. The Issuer shall not permit at any time Consolidated Total Indebtedness to exceed 60% of Gross Asset Value.
