Maximum Total Indebtedness Permitted. 60% of Total Asset Value at Statement Date (60% of Line I.B.13.): $ 2 Line I.B.8. may not exceed five percent (5%) of Line I.B.13. 3 Line I.B.9. may not exceed twenty percent (20%) of Line I.B.13 4 Line I.B.10. may not exceed ten percent (10%) of Line I.B.13 5 Line I.B.11. may not exceed fifteen percent (15%) of Line I.B.13 6 Line I.B.12. may not exceed thirty percent (30%) of Line I.B.13 Form of Compliance Certificate Excess (deficiency) for covenant compliance (Line I.D. – I.A.4.): $ E-4 Form of Compliance Certificate
Maximum Total Indebtedness Permitted. [40% of Total Asset Value at Statement Date (40% of Line I.B.3.)]2 [60% of Total Asset Value at Statement Date (60% of Line I.B.3.)]3: $ Excess (deficient) for covenant compliance (Line I.C. - I.A.):
Maximum Total Indebtedness Permitted. 60% of Total Asset Value at Statement Date (60% of Line I.B.18.)7: $ Excess (deficiency) for covenant compliance (Line I.D. – I.A.4.): $ 6 Line I.B.11. may not exceed thirty percent (30%) of Line I.B.12 7 On two occasions prior to the Facility Termination Date the Borrower may elect that such ratio be permitted to exceed 60% for up to two (2) consecutive full fiscal quarters immediately following a Significant Acquisition, but in no event shall such ratio exceed 65% as of the last day of any fiscal quarter Form of Compliance Certificate
