Common use of Maintenance of Total Unencumbered Assets Clause in Contracts

Maintenance of Total Unencumbered Assets. The Operating Partnership will not have at any time Total Unencumbered Assets of less than 150% of the aggregate principal amount of all of the Operating Partnership’s and its Subsidiaries’ outstanding Unsecured Debt determined on a consolidated basis in accordance with GAAP.

Appears in 4 contracts

Samples: Supplemental Indenture (Brixmor Operating Partnership LP), Tenth Supplemental Indenture (Brixmor Operating Partnership LP), Ninth Supplemental Indenture (Brixmor Operating Partnership LP)

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Maintenance of Total Unencumbered Assets. The Operating Partnership will not have at any time Total Unencumbered Assets of less than 150% of the aggregate principal amount of all of the Operating Partnership’s and its Subsidiaries’ outstanding Unsecured Debt (determined on a consolidated basis in accordance with GAAP).

Appears in 3 contracts

Samples: Third Supplemental Indenture (Kite Realty Group, L.P.), Second Supplemental Indenture (Kite Realty Group Trust), First Supplemental Indenture (Kite Realty Group, L.P.)

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