Common use of Maximum Secured Debt Clause in Contracts

Maximum Secured Debt. The Borrower will not at any time permit the outstanding balance of Secured Indebtedness to exceed thirty percent (30%) of Total Assets.

Maximum Secured Debt. The Borrower will not at any time permit the outstanding balance of Secured Indebtedness to exceed thirty percent (30%) of Total Assets.of

Maximum Secured Debt. The Borrower will not at any time anytime permit the outstanding balance ratio of Secured Indebtedness to Total Asset Value to exceed thirty forty percent (3040%) of Total Assets).