Common use of Liabilities to Assets Ratio Clause in Contracts

Liabilities to Assets Ratio. Each of the Borrower and the Trust will not permit the ratio of its Consolidated Total Liabilities to Consolidated Total Adjusted Asset Value to exceed the ratios set forth below for the periods specified below. March 30, 2011 65% March 31, 2011 and Thereafter 60%

Appears in 2 contracts

Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)

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Liabilities to Assets Ratio. Each of the Borrower and the Trust will not permit the ratio of its Consolidated Total Liabilities to Consolidated Total Adjusted Asset Value to exceed the ratios set forth below for the periods specified below. Period Ending on or Before: Total Leverage Ratio March 30, 2011 65% March 31, 2011 and Thereafter 60%

Appears in 2 contracts

Samples: Secured Master Loan Agreement (Ramco Gershenson Properties Trust), Revolving Credit Agreement (Ramco Gershenson Properties Trust)

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