Maximum Secured Recourse Debt to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Company, the Company shall not permit the ratio of Secured Recourse Debt to Total Asset Value to be greater than 0.10 to 1.00.
Appears in 4 contracts
Samples: Note Purchase Agreement (LTC Properties Inc), Note Purchase and Private Shelf Agreement (LTC Properties Inc), Note Purchase and Private Shelf Agreement (LTC Properties Inc)
Maximum Secured Recourse Debt to Total Asset Value Ratio. As of the last day of each Fiscal Quarter Rolling Period of the CompanyBorrower, the Company Borrower shall not permit the ratio of Secured Recourse Debt to Total Asset Value to be greater than 0.10 .10 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)
Maximum Secured Recourse Debt to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the CompanyBorrower, the Company Borrower and its Subsidiaries shall not permit the ratio of Secured Recourse Debt to Total Asset Value to be greater than 0.10 0.15 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Whitestone REIT)
Maximum Secured Recourse Debt to Total Asset Value Ratio. As of the last day of each Fiscal Quarter Rolling Period of the CompanyBorrower, the Company Borrower and its Subsidiaries shall not permit the ratio of Secured Recourse Debt to Total Asset Value to be greater than 0.10 to 1.001.0.
Appears in 1 contract
Maximum Secured Recourse Debt to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Company, the Company and it Subsidiaries shall not permit the ratio of Secured Recourse Debt to Total Asset Value to be greater than 0.10 to 1.00.
Appears in 1 contract
Samples: LTC Properties Inc