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: Indenture (American Finance Trust, Inc), Seventeenth Supplemental Indenture (MPT Operating Partnership, L.P.), 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 (OHI Healthcare Properties Limited Partnership), Indenture (Omega Healthcare Investors Inc), Omega Healthcare Investors 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 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/), Eleventh Supplemental Indenture (Tanger Properties LTD Partnership /Nc/), Tenth Supplemental Indenture (Tanger Properties LTD Partnership /Nc/)

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

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: Indenture (Life Storage Lp), Life Storage Lp, Life Storage Lp

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: Lexington (Lexington Realty Trust), LXP Industrial Trust, Lexington Realty Trust

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

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

Maintenance of Total Unencumbered Assets. The Issuers and their Restricted Subsidiaries shall maintain Issuer 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 GAAP.

Appears in 1 contract

Samples: Supplemental Indenture (DCT Industrial Trust Inc.)

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 1 contract

Samples: Indenture (Lexington Realty Trust)

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: CareTrust REIT, Inc.

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