Maximum Other Recourse Debt to Total Asset Value 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 ratio of (i) Other Recourse Debt as of such date to (ii) Total Asset Value as of such date to be greater than 0.10 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)
Maximum Other Recourse Debt to Total Asset Value 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 ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of the last day of such date Fiscal Quarter to be greater than 0.10 0.15 to 1.00.
Appears in 3 contracts
Samples: Credit Agreement (Centerspace), Term Loan Agreement (Centerspace), Credit Agreement (Centerspace)
Maximum Other Recourse Debt to Total Asset Value Ratio. As of the Closing Date and the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31June 30, 2018)2017, the Borrower shall not permit the ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of such date to be greater than 0.10 0.20 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Umh Properties, Inc.), Credit Agreement (Umh Properties, Inc.)
Maximum Other Recourse Debt to Total Asset Value Ratio. As The Borrower shall not, 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 ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of such date to be greater than 0.10 to 1.00.
Appears in 1 contract
Maximum Other Recourse Debt to Total Asset Value 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 ratio of (ia) Other Recourse Debt as of the last day of such date fiscal quarter to (iib) Total Asset Value as of the last day of such date fiscal quarter to be greater than 0.10 0.15 to 1.00.
Appears in 1 contract
Samples: Note Agreement (Centerspace)
Maximum Other Recourse Debt to Total Asset Value 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 ratio of (i) Other Recourse Debt β76β as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of the last day of such date Fiscal Quarter to be greater than 0.10 0.15 to 1.00.
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Maximum Other Recourse Debt to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March January 31, 2018)2017, the Borrower shall not permit the ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of the last day of such date Fiscal Quarter to be greater than 0.10 0.15 to 1.00.
Appears in 1 contract
Maximum Other Recourse Debt to Total Asset Value Ratio. As of the Closing Date and the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March December 31, 2018)2022, the Borrower shall not permit the ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of such date to be greater than 0.10 0.20 to 1.00.
Appears in 1 contract
Maximum Other Recourse Debt to Total Asset Value Ratio. As The Borrower shall not, 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 ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of such date to be greater than 0.10 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)
Maximum Other Recourse Debt to Total Asset Value 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 ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of the last day of such date Fiscal Quarter to be greater than 0.10 0.15 to 1.00.
Appears in 1 contract
Maximum Other Recourse Debt to Total Asset Value Ratio. As The Borrower shall not, as of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31June 30, 2018)2014, the Borrower shall not permit the ratio of (i) Other Recourse Debt as of the last day of such date Fiscal Quarter to (ii) Total Asset Value as of such date to be greater than 0.10 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital - Retail Centers of America, Inc.)
