Common use of Maximum Consolidated Secured Leverage Ratio Clause in Contracts

Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the Parent, the Loan Parties shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.40 to 1.00 for each Fiscal Quarter .

Appears in 3 contracts

Samples: Credit Agreement (Centerspace), Term Loan Agreement (Centerspace), Credit Agreement (Centerspace)

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Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the ParentBorrower (commencing with the Fiscal Quarter ending March 31, 2018), the Loan Parties Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.40 0.50 to 1.00 for each Fiscal Quarter 1.00.

Appears in 3 contracts

Samples: Credit Agreement (American Finance Trust, Inc), Credit Agreement (American Finance Trust, Inc), Credit Agreement (American Finance Trust, Inc)

Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the ParentBorrower, the Loan Parties Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than (x) 0.45 to 1.00 for each Fiscal Quarter ending on or prior to July 31, 2019 and (y) 0.40 to 1.00 for each Fiscal Quarter thereafter.

Appears in 2 contracts

Samples: Credit Agreement (Investors Real Estate Trust), Credit Agreement (Investors Real Estate Trust)

Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the ParentBorrower commencing with the Fiscal Quarter ending September 30, 2014, the Loan Parties Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.40 to 1.00 for each Fiscal Quarter 1.00.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)

Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the ParentBorrower commencing with the Fiscal Quarter ending September 30, 2014,March 31, 2017, the Loan Parties Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.40 0.400.45 to 1.00 for each Fiscal Quarter 1.00.

Appears in 1 contract

Samples: Credit Agreement (American Finance Trust, Inc)

Maximum Consolidated Secured Leverage Ratio. As of The Borrower shall not have, on the last day of each any Fiscal Quarter of the ParentQuarter, the Loan Parties shall not permit the a Consolidated Secured Leverage Ratio to be greater than 0.40 to 1.00 for each Fiscal Quarter 4.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Alere Inc.)

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Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the ParentBorrower, commencing with the Fiscal Quarter ending January 31, 2017, the Loan Parties Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.40 (x) 0.50 to 1.00 for each Fiscal Quarter ending on or prior to January 31, 2018 and (y) 0.45 to 1.00 for each Fiscal Quarter thereafter.

Appears in 1 contract

Samples: Credit Agreement (Investors Real Estate Trust)

Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter fiscal quarter of the ParentCompanyParent, the Loan Company Transaction Parties shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.40 to 1.00 for each Fiscal Quarter fiscal quarter ending on or after September 30, 2019.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (Centerspace)

Maximum Consolidated Secured Leverage Ratio. As of The Borrower shall not have, on the last day of each any Fiscal Quarter of the ParentQuarter, the Loan Parties shall not permit the a Consolidated Secured Leverage Ratio to be of greater than 0.40 to 1.00 for each Fiscal Quarter 4.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Alere Inc.)

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