Common use of Limitations on Secured Indebtedness Clause in Contracts

Limitations on Secured Indebtedness. The Parent shall not at any time on a Consolidated basis permit the sum of the Parent's Secured Non-Recourse Indebtedness and Secured Recourse Indebtedness to exceed thirty percent (30%) of the Parent Aggregate Asset Value.

Appears in 2 contracts

Samples: Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties)

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Limitations on Secured Indebtedness. The Parent shall not at any time on a Consolidated basis permit the sum of the Parent's Secured Non-Recourse Indebtedness and Secured Recourse Indebtedness to exceed thirty percent (30%) 35% of the Parent Aggregate Asset Value.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Hotel Properties)

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Limitations on Secured Indebtedness. The Parent shall not at ----------------------------------- any time on a Consolidated basis permit the sum of the Parent's Secured Non-Recourse Indebtedness and Secured Recourse Indebtedness to exceed thirty percent (30%) 35% of the Parent Aggregate Asset Value.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Hotel Properties)

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