Maintenance of Unencumbered Assets. The Operating Partnership, together with its Consolidated Subsidiaries, will have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership’s and its Consolidated Subsidiaries’ outstanding Unsecured Debt, taken as a whole, determined on a consolidated basis in accordance with GAAP.
Appears in 6 contracts
Samples: First Supplemental Indenture (Healthpeak OP, LLC), Supplemental Indenture (Healthpeak OP, LLC), Second Supplemental Indenture (Healthpeak OP, LLC)
Maintenance of Unencumbered Assets. The Operating Partnership, together with its Consolidated Subsidiaries, Partnership will have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership’s Partnership and its Consolidated Subsidiaries’ outstanding total Unsecured Debt, taken as a whole, determined on a consolidated basis in accordance with GAAP.
Appears in 5 contracts
Samples: Fifth Supplemental Indenture (American Homes 4 Rent, L.P.), Supplemental Indenture (American Homes 4 Rent, L.P.), Fourth Supplemental Indenture (American Homes 4 Rent, L.P.)
Maintenance of Unencumbered Assets. The As of each Reporting Date, the Operating Partnership, together with its Consolidated Subsidiaries, Partnership will have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership’s Partnership and its Consolidated Subsidiaries’ outstanding total Unsecured Debt, taken as a whole, determined on a consolidated basis in accordance with GAAP.
Appears in 3 contracts
Samples: Ninth Supplemental Indenture (American Homes 4 Rent, L.P.), Eighth Supplemental Indenture (American Homes 4 Rent, L.P.), Seventh Supplemental Indenture (American Homes 4 Rent, L.P.)
Maintenance of Unencumbered Assets. The Operating PartnershipPartnership will, together with and will cause its Consolidated SubsidiariesSubsidiaries to, will have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership’s and its Consolidated Subsidiaries’ outstanding total Unsecured Debt, taken as a whole, Debt determined on a consolidated basis in accordance with GAAP.
Appears in 1 contract
Samples: Supplemental Indenture (Education Realty Operating Partnership L P)
Maintenance of Unencumbered Assets. The Operating PartnershipPartnership will, together with and will cause its Consolidated SubsidiariesSubsidiaries to, will have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership’s and its Consolidated Subsidiaries’ total outstanding Unsecured Debt, taken as a whole, Debt determined on a consolidated basis in accordance with GAAP.
Appears in 1 contract
Samples: Supplemental Indenture (American Campus Communities Operating Partnership LP)
