Maximum Recourse Indebtedness. Recourse Indebtedness of Parent and Borrower (excluding Indebtedness under this Agreement and, from and after the occurrence of the Permitted Bridge Credit Agreement Transaction, the Bridge Credit Agreement) to exceed ten percent (10%) of Total Asset Value of the Companies.
Appears in 2 contracts
Samples: Credit Agreement (American Realty Capital Properties, Inc.), Credit Agreement (American Realty Capital Trust III, Inc.)
Maximum Recourse Indebtedness. Recourse Indebtedness of the Parent and the Borrower (excluding Indebtedness under this Agreement and, from and after the occurrence of the Permitted Bridge Credit Agreement Transaction, the Bridge Existing Revolving Credit Agreement) to exceed ten percent (10%) of Total Asset Value of the Companies.
Appears in 2 contracts
Samples: Term Loan Agreement (American Realty Capital Trust, Inc.), Term Loan Agreement (American Realty Capital Trust, Inc.)
Maximum Recourse Indebtedness. Recourse Indebtedness of Parent and Borrower (excluding Indebtedness under this Agreement and, from and after the occurrence of the Permitted Bridge Credit Agreement Transaction, the Bridge Credit Agreement) to exceed ten percent (10%) of Total Asset Value of the Companies.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital Trust IV, Inc.)
