Common use of Maximum Secured Leverage Ratio Clause in Contracts

Maximum Secured Leverage Ratio. Permit Consolidated Secured Indebtedness to exceed 45% of Consolidated Total Assets as of the last day of each fiscal quarter of the Borrower.

Appears in 7 contracts

Samples: Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.)

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Maximum Secured Leverage Ratio. Permit Consolidated the Total Secured Indebtedness of the Consolidated Group to exceed 45% forty percent (40%) of Consolidated Total Assets Asset Value as of the last day of each any fiscal quarter of the Borrowerquarter.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.)

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