Common use of Maximum Permitted Investments Clause in Contracts

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPR, at any time, the ratio of: (A) Investments in the aggregate sum of: (i) Investments in unimproved real estate (including cost of land under development), which such Investment is in the form of a fee, leasehold or mortgage interest; (ii) Investments in construction (total budgeted cost, excluding cost of land); and (iii) Investments in unconsolidated subsidiaries, to (B) Total Asset Value, shall not at any time exceed 25%.

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPR, at any time, the ratio of: (Ai) Investments in the aggregate sum of: (iA) Investments in notes, mortgages and unimproved real estate (including cost of land under development, but excluding EPR Senior First Mortgages), which such Investment is in the form of a fee, leasehold or mortgage interest; (iiB) Investments in construction (total budgeted cost, excluding cost of land); and (iiiC) Investments in unconsolidated subsidiaries, to (Bii) Total Asset Value, shall not at any time exceed 25%.

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPRthe Borrower, at any time, the ratio of: (A) Investments in the aggregate sum (without duplication) of: (i) Investments in unimproved real estate (including cost Cost of land under held for development), which such Investment is in the form of a fee, leasehold or mortgage interest; (ii) Investments in construction which is not pre-leased (total budgeted cost, excluding including cost of land); and (iii) Investments in unconsolidated subsidiaries, to (B) Total Asset Value, shall not at any time exceed 25%.;

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPR, EPR at any time, the ratio of: of (Ai) Investments in the aggregate sum of: (iA) Investments in notes, mortgages and unimproved real estate (including cost of land under development, but excluding EPR Senior First Mortgages), which such Investment is in the form of a fee, leasehold or mortgage interest; (iiB) Investments in construction (total budgeted cost, excluding cost of land); , and (iiiC) Investments in unconsolidated subsidiaries, to (Bii) Total Asset Value, shall not at any time exceed 25%.

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPR, EPR at any time, the ratio of: of (Ai) Investments in the aggregate sum of: (iA) Investments in notes, mortgages and unimproved real estate (including cost of land under development, but excluding EPR Senior First Mortgages), which such Investment is in the form of a fee, leasehold or mortgage interest; (iiB) Investments in construction (total budgeted cost, excluding cost of land); , and (iiiC) Investments in unconsolidated subsidiaries, to (Bii) Total Asset Value, shall not at any time exceed 25%.”

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPR, at any time, the ratio of: (A) Investments in the aggregate sum of: (i) Investments in unimproved real estate (including cost of land under held for development), which such Investment is in the form of a fee, leasehold or mortgage interest; (ii) Investments in construction which is not pre-leased (total budgeted cost, excluding including cost of land); and (iii) Investments in unconsolidated subsidiaries, to (B) Total Asset Value, shall not at any time exceed 25%.

Maximum Permitted Investments. Calculated on a Consolidated basis with respect to EPR, at any time, the ratio of: (Ai) Investments in the aggregate sum of: (iA) Investments in unimproved real estate (including cost of land under development), which such Investment is in the form of a fee, leasehold or mortgage interest; (iiB) Investments in construction (total budgeted cost, excluding cost of land); and (iiiC) Investments in unconsolidated subsidiaries, to (Bii) Total Asset Value, shall not at any time exceed 25%.