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 Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.50 to 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)

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Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018)Parent, the Borrower Loan Parties shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.50 0.40 to 1.001.00 for each Fiscal Quarter .

Appears in 3 contracts

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

Maximum Consolidated Secured Leverage Ratio. As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018)Borrower, the Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.50 (x) 0.45 to 1.001.00 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 Borrower (commencing with the Fiscal Quarter ending March 31September 30, 2018)2014, the Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.50 0.40 to 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 Borrower (commencing with the Fiscal Quarter ending March September 30, 2014,March 31, 2018)2017, the Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.50 0.400.45 to 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 Borrower (commencing with the Fiscal Quarter ending March 31Quarter, 2018), the Borrower shall not permit the a Consolidated Secured Leverage Ratio to be of greater than 0.50 to 1.004.50:1.00.

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 Borrower (Borrower, commencing with the Fiscal Quarter ending March January 31, 2018)2017, the Borrower shall not permit the Consolidated Secured Leverage Ratio to be greater than (x) 0.50 to 1.001.00 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 Borrower (commencing with the Fiscal Quarter ending March 31, 2018)CompanyParent, the Borrower Company Transaction Parties shall not permit the Consolidated Secured Leverage Ratio to be greater than 0.50 0.40 to 1.001.00 for each fiscal quarter ending on or after September 30, 2019.

Appears in 1 contract

Samples: Note 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 Borrower (commencing with the Fiscal Quarter ending March 31Quarter, 2018), the Borrower shall not permit the a Consolidated Secured Leverage Ratio to be greater than 0.50 to 1.004.50:1.00.

Appears in 1 contract

Samples: Credit Agreement (Alere Inc.)

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