Maximum Secured Recourse Indebtedness. Maintain the ratio of Secured Recourse Indebtedness to Gross Asset Value at a level equal to or less than 15%.
Appears in 5 contracts
Samples: Credit Agreement (CNL Healthcare Properties, Inc.), Term Loan Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)
Maximum Secured Recourse Indebtedness. Maintain the The ratio of (i) Secured Recourse Indebtedness to (ii) Gross Asset Value Value, to be greater than 0.1 to 1.00 at a level equal to or less than 15%any time.
Appears in 1 contract
