Maximum Secured Recourse Debt Ratio. The Secured Recourse Debt Ratio is % [and immediately following the Transaction will be %], which is not greater than the maximum Secured Recourse Debt Ratio of 20% required by Section 5.04(a)(ii) of the Credit Agreement.
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Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.)
Maximum Secured Recourse Debt Ratio. The Secured Recourse Debt Ratio is % [and immediately following the Transaction will be _____%], which is not greater than the maximum Secured Recourse Debt Ratio of 20% required by Section 5.04(a)(ii) of the Credit Agreement.
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Maximum Secured Recourse Debt Ratio. The Secured Recourse Debt Ratio is % [and immediately following the Transaction will be 0.00%], which is not greater than the maximum Secured Recourse Debt Ratio of 20% required by Section 5.04(a)(ii) of the Credit Agreement.
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Maximum Secured Recourse Debt Ratio. The Secured Recourse Debt Ratio is ___% [and immediately following the Transaction will be ___%], which is not greater than the maximum Secured Recourse Debt Ratio of 20% required by Section 5.04(a)(ii) of the Credit Agreement.
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