Maintenance of Unencumbered Assets. The Operating 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 and its Subsidiaries’ outstanding total Unsecured Debt, determined on a consolidated basis in accordance with GAAP.
Appears in 5 contracts
Samples: Fourth Supplemental Indenture (American Homes 4 Rent, L.P.), Second Supplemental Indenture (American Homes 4 Rent, L.P.), American Homes 4 Rent, L.P.
Maintenance of Unencumbered Assets. The Operating Partnership 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 Partnership’s and its Consolidated Subsidiaries’ outstanding total Unsecured Debt, taken as a whole, determined on a consolidated basis in accordance with GAAP.
Appears in 4 contracts
Samples: Indenture (Healthpeak OP, LLC), First Supplemental Indenture (Healthpeak OP, LLC), Second Supplemental Indenture (Healthpeak OP, LLC)
Maintenance of Unencumbered Assets. The Operating Partnership 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 Partnership’s and its Consolidated Subsidiaries’ outstanding total Unsecured Debt, taken as a whole, determined on a consolidated basis in accordance with GAAP.. Section 2.4
Appears in 2 contracts
Samples: Supplemental Indenture (Physicians Realty L.P.), Physicians Realty L.P.
Maintenance of Unencumbered Assets. The As of each Reporting Date, the Operating 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 and its Subsidiaries’ outstanding total Unsecured Debt, determined on a consolidated basis in accordance with GAAP.
Appears in 2 contracts
Samples: Indenture (American Homes 4 Rent, L.P.), American Homes 4 Rent, L.P.
Maintenance of Unencumbered Assets. The Operating Partnership will, and will cause its Subsidiaries to, have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership and its Subsidiaries’ Partnership’s total outstanding total Unsecured Debt, Debt determined on a consolidated basis in accordance with GAAP.
Appears in 1 contract
Samples: First Supplemental Indenture (American Campus Communities Operating Partnership LP)
Maintenance of Unencumbered Assets. The Operating Partnership will, and will cause its Subsidiaries to, have at all times Total Unencumbered Assets of not less than 150% of the aggregate principal amount of all of the Operating Partnership and its Subsidiaries’ outstanding Partnership’s total Unsecured Debt, Debt determined on a consolidated basis in accordance with GAAP.
Appears in 1 contract
Samples: First Supplemental Indenture (Education Realty Operating Partnership L P)
