Common use of Maintenance of Total Unencumbered Assets Clause in Contracts

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAP.

Appears in 20 contracts

Samples: Nineteenth Supplemental Indenture (MPT Operating Partnership, L.P.), Indenture (American Finance Trust, Inc), Eighteenth Supplemental Indenture (MPT Operating Partnership, L.P.)

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Maintenance of Total Unencumbered Assets. The Issuers Issuer and their Restricted its Subsidiaries shall will maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers Issuer and their Restricted its Subsidiaries on a consolidated basis in accordance with GAAPbasis.

Appears in 11 contracts

Samples: Indenture (Omega Healthcare Investors Inc), Indenture (OHI Healthcare Properties Limited Partnership), Indenture (OHI Healthcare Properties Limited Partnership)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall Issuer will maintain at all times Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers Issuer and their Restricted Subsidiaries its Subsidiaries, computed on a consolidated basis in accordance with GAAP.

Appears in 6 contracts

Samples: Supplemental Indenture (Tanger Properties LTD Partnership /Nc/), Supplemental Indenture (Tanger Properties LTD Partnership /Nc/), Tenth Supplemental Indenture (Tanger Properties LTD Partnership /Nc/)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries Issuer shall maintain not have at any time Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the all of its and its Subsidiaries’ outstanding Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries Debt determined on a consolidated basis in accordance with GAAP.

Appears in 5 contracts

Samples: Fifth Supplemental Indenture (Life Storage Lp), Fourth Supplemental Indenture (Life Storage Lp), Third Supplemental Indenture (Life Storage Lp)

Maintenance of Total Unencumbered Assets. The Issuers Issuer and their its Restricted Subsidiaries shall will maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers Issuer and their its Restricted Subsidiaries on a consolidated basis in accordance with GAAPbasis.

Appears in 5 contracts

Samples: Indenture (Omega Healthcare Investors Inc), Indenture (Omega Healthcare Investors Inc), Indenture (Omega Healthcare Investors Inc)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall Issuer is required to maintain Total Unencumbered Assets of not less than 150165% of the aggregate outstanding principal amount of the all outstanding Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAP.Debt. As used herein:

Appears in 5 contracts

Samples: Supplemental Indenture (Equity Office Properties Trust), Supplemental Indenture (Equity Office Properties Trust), Supplemental Indenture (Equity Office Properties Trust)

Maintenance of Total Unencumbered Assets. The Issuers Issuer and their Restricted its Subsidiaries shall maintain will not have at any time Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness all of the Issuers Issuer’s and their Restricted Subsidiaries its Subsidiaries’ outstanding Unsecured Debt determined on a consolidated basis in accordance with GAAPUnited States generally accepted accounting principles.

Appears in 4 contracts

Samples: Supplemental Indenture (LXP Industrial Trust), Supplemental Indenture (Lexington Realty Trust), Supplemental Indenture (Lexington Realty Trust)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall Issuer will maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the all outstanding Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAPDebt.

Appears in 4 contracts

Samples: Second Supplemental Indenture (Sl Green Operating Partnership, L.P.), First Supplemental Indenture (Sl Green Operating Partnership, L.P.), Indenture (Reckson Operating Partnership Lp)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall Issuer will maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the all outstanding Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAP.Debt

Appears in 3 contracts

Samples: Indenture (Reckson Associates Realty Corp), Indenture (Reckson Operating Partnership Lp), Indenture (Reckson Associates Realty Corp)

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Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAPbasis.

Appears in 3 contracts

Samples: Indenture (Aviv Healthcare Properties L.P.), Indenture (Bellingham II Associates, L.L.C.), Indenture (Sabra Health Care REIT, Inc.)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall maintain at all times Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAPbasis.

Appears in 2 contracts

Samples: First Supplemental Indenture (CareTrust REIT, Inc.), Indenture (CareTrust REIT, Inc.)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall Issuer will maintain at all times Total Unencumbered Assets of not less than 150135% of the aggregate outstanding principal amount of the Unsecured Indebtedness Debt of the Issuers Issuer and their Restricted Subsidiaries its Subsidiaries, computed on a consolidated basis in accordance with GAAP.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Tanger Factory Outlet Centers Inc)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall will maintain at all times Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAPbasis.

Appears in 1 contract

Samples: Indenture (CareTrust REIT, Inc.)

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall Issuer will maintain Total Unencumbered Assets of not less than 150% of the aggregate outstanding principal amount of the all outstanding Unsecured Indebtedness of the Issuers and their Restricted Subsidiaries on a consolidated basis in accordance with GAAPDebt. Section 1013. [Intentionally Omitted] Section 1014.

Appears in 1 contract

Samples: Merger Agreement (Tower Realty Trust Inc)

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