Common use of Maximum Total Indebtedness Permitted Clause in Contracts

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

Appears in 2 contracts

Samples: Credit Agreement (Empire State Realty OP, L.P.), Credit Agreement (Empire State Realty Trust, Inc.)

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Maximum Total Indebtedness Permitted. 60% of Total Asset Value at Statement Date (60% of Line I.B.13.): $ 2 Excess (deficiency) for covenant compliance (Line I.B.8. may not exceed five percent (5%) of Line I.B.13. 3 I.D. – I.A.4.): $ 4 Line I.B.9. may not exceed twenty percent (20%) of Line I.B.13 4 5 Line I.B.10. may not exceed ten percent (10%) of Line I.B.13 5 6 Line I.B.11. may not exceed fifteen percent (15%) of Line I.B.13 6 7 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

Appears in 1 contract

Samples: Credit Agreement (Empire State Realty OP, L.P.)

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Maximum Total Indebtedness Permitted. 60% of Total Asset Value at Statement Date (60% of Line I.B.13.): $ Excess (deficiency) for covenant compliance 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 E-6 Form of Compliance CertificateCertificate II. Section 7.11(b) – Maximum Secured Leverage Ratio.

Appears in 1 contract

Samples: Credit Agreement (Empire State Realty Trust, Inc.)

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