Maintenance of Unencumbered Total Asset Value. The Issuer, together with its Subsidiaries, will at all times maintain an Unencumbered Total Asset Value in an amount not less than 150% of the aggregate outstanding principal amount of all Issuer’s and its Subsidiaries’ unsecured Debt, taken as a whole.
Appears in 31 contracts
Samples: Supplemental Indenture, Supplemental Indenture, Supplemental Indenture
Maintenance of Unencumbered Total Asset Value. The Issuer, together with its Subsidiaries, will have at all times maintain an Total Unencumbered Total Asset Value in an amount Assets of not less than one hundred and fifty percent (150% %) of the aggregate outstanding principal amount of all Issuer’s and its Subsidiaries’ unsecured of their outstanding Unsecured Debt, taken as determined on a wholeconsolidated basis in accordance with U.S. generally accepted accounting principles.
Appears in 7 contracts
Samples: Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp)
Maintenance of Unencumbered Total Asset Value. The Issuer, together with its Subsidiaries, will have at all times maintain an Total Unencumbered Total Asset Value in an amount Assets of not less than one hundred and fifty percent (150% %) of the aggregate outstanding principal amount of all Issuer’s outstanding Unsecured Debt of the Issuer and its Subsidiaries’ unsecured Debt, taken as determined on a wholeconsolidated basis in accordance with GAAP.
Appears in 7 contracts
Samples: Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp)
Maintenance of Unencumbered Total Asset Value. The Issuer, together with its Subsidiaries, Issuer will at all times maintain an Unencumbered Total Asset Value in an amount of not less than one hundred fifty percent (150% %) of the aggregate outstanding principal amount of all Issuer’s outstanding Debt of the Issuer and its Subsidiaries’ unsecured Debt, taken as a wholeSubsidiaries that is unsecured.
Appears in 3 contracts
Samples: Supplemental Indenture (Kimco Realty OP, LLC), Supplemental Indenture (Kimco Realty Corp), Indenture (Kimco Realty OP, LLC)
Maintenance of Unencumbered Total Asset Value. The Issuer, together with its the General Partner and the Issuer’s Subsidiaries, will at all times maintain an Unencumbered Total Asset Value in an amount not less than 150% of the aggregate outstanding principal amount of all of the Issuer’s, the General Partner’s and the Issuer’s and its Subsidiaries’ unsecured Debt, taken as a whole.
Appears in 1 contract