Maintenance of Total Unencumbered Assets. The Parent Guarantor will maintain Total Unencumbered Assets of not less than 120% of the aggregate outstanding principal amount of the Unsecured Indebtedness of the Parent Guarantor and its Subsidiaries, in each case determined on a consolidated basis in accordance with GAAP.
Appears in 5 contracts
Samples: Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.), Indenture (Hannon Armstrong Sustainable Infrastructure Capital, Inc.)
Maintenance of Total Unencumbered Assets. The Parent Guarantor and its Subsidiaries will maintain not have at any time Total Unencumbered Assets of not less than 120150% of the aggregate outstanding principal amount of the Unsecured Indebtedness all of the Parent Guarantor Guarantor’s and its Subsidiaries, in each case ’ outstanding Unsecured Debt determined on a consolidated basis in accordance with GAAP.
Appears in 3 contracts
Samples: Third Supplemental Indenture (Phillips Edison & Company, Inc.), Second Supplemental Indenture (Phillips Edison & Company, Inc.), First Supplemental Indenture (Phillips Edison Grocery Center Operating Partnership I, L.P.)
Maintenance of Total Unencumbered Assets. The Parent Guarantor will maintain and its Subsidiaries shall not have at any time Total Unencumbered Assets of not less than 120150% of the aggregate outstanding principal amount of the Unsecured Indebtedness all of the Parent Guarantor Guarantor’s and its Subsidiaries, in each case ’ outstanding Unsecured Debt determined on a consolidated basis in accordance with GAAP.
Appears in 1 contract
Samples: First Supplemental Indenture (Cousins Properties Inc)