Common use of Maximum Recourse Indebtedness Clause in Contracts

Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the Loan, to at any time exceed 25% of Gross Asset Value. exhibit10175a.htm

Appears in 1 contract

Samples: Unsecured Credit Agreement (CBL & Associates Properties Inc)

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Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the Loan, to at any time exceed 25% of Gross Asset Value. exhibit10175a.htmValue at any time.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (CBL & Associates Properties Inc)

Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoanLoans, to to, at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset Value. exhibit10175a.htm.

Appears in 1 contract

Samples: Credit Agreement (CBL & Associates Properties Inc)

Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoanIndebtedness evidenced by the 2006 Credit Agreement, to at any time exceed 25% of Gross Asset Value. exhibit10175a.htm.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (CBL & Associates Properties Inc)

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Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, Borrower and/or any Guarantor or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the Loan, Guarantors to at any time exceed 25% of Gross Asset Value. exhibit10175a.htm.

Appears in 1 contract

Samples: Loan Agreement (CBL & Associates Properties Inc)

Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoanIndebtedness evidenced by the Unsecured Credit Agreement, to at any time exceed 25% of Gross Asset Value. exhibit10175a.htm.

Appears in 1 contract

Samples: Unsecured Credit Agreement (CBL & Associates Properties Inc)

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