Limitations on Secured Recourse Indebtedness. The Parent shall not on any date on a Consolidated basis permit the Secured Recourse Indebtedness (excluding the Obligations) of the Parent, to exceed 15% of the Parent Aggregate Asset Value.
Appears in 3 contracts
Samples: Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties)
Limitations on Secured Recourse Indebtedness. The Parent -------------------------------------------- shall not on any date on a Consolidated basis permit the Secured Recourse Indebtedness (excluding the Obligations) of the Parent, to exceed 15% of the Parent Aggregate Asset Value.
Appears in 1 contract
