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 Indebtedness evidenced by the 2006 Credit Agreement, to at any time exceed 25% of Gross Asset Value.
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Samples: Unsecured Term 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, Borrower and/or any Guarantor or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the Indebtedness evidenced by the 2006 Credit Agreement, Guarantors to at any time exceed 25% of Gross Asset Value.
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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 Indebtedness evidenced by the 2006 Credit AgreementLoan, to at any time exceed 25% of Gross Asset Value.. exhibit10175a.htm
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Samples: Unsecured 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 Indebtedness evidenced by the 2006 Credit AgreementLoan, to at any time exceed 25% of Gross Asset ValueValue at any time.
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Samples: Unsecured 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 Indebtedness evidenced by the 2006 Unsecured Credit Agreement, to at any time exceed 25% of Gross Asset Value.
Appears in 1 contract
Samples: Unsecured 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 Indebtedness evidenced by the 2006 Credit AgreementLoans, to to, at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset Value.
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