Maximum Secured Leverage Ratio. Permit Total Secured Indebtedness as of the last day of each fiscal quarter of the Parent to exceed 40% of the Total Asset Value on such day.
Appears in 15 contracts
Samples: Credit Agreement (Empire State Realty Trust, Inc.), Credit Agreement (Empire State Realty OP, L.P.), Credit Agreement (Empire State Realty Trust, Inc.)
Maximum Secured Leverage Ratio. Permit Total Secured Indebtedness Debt, as of the last day of each any fiscal quarter of the Parent Parent, to exceed 40% be greater than forty-five percent (45%) of the Total Asset Value on such dayValue.
Appears in 3 contracts
Samples: Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.)
Maximum Secured Leverage Ratio. Permit Total Secured Indebtedness (excluding Indebtedness of the Consolidated Group under the Loan Documents) as of the last day of each fiscal quarter of the Parent to exceed 40% of the Total Asset Value on such day.
Appears in 3 contracts
Samples: Credit Agreement (Empire State Realty Trust, Inc.), Credit Agreement (Empire State Realty Trust, Inc.), Credit Agreement (Empire State Realty OP, L.P.)
Maximum Secured Leverage Ratio. Permit Total Secured Indebtedness as of the last day of each fiscal quarter of the Parent to exceed 40% of the Total Asset Value on such day. (cg) [Intentionally Omitted].
Appears in 1 contract