Common use of Maximum Total Indebtedness Permitted Clause in Contracts

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.):

Appears in 1 contract

Samples: Credit Agreement (American Residential Properties, Inc.)

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Maximum Total Indebtedness Permitted. [40% 70%1 of Total Asset Value at Statement Date (40% 70%1 of Line I.B.3.)]2 [60% of Total Asset Value at Statement Date (60% of Line I.B.3.)]3: I.B.9): $ Excess (deficient) for covenant compliance (Line I.C. - I.A.):): $ 1 65% during the Extension Period Form of Compliance Certificate

Appears in 1 contract

Samples: Assignment and Assumption (Landmark Apartment Trust of America, Inc.)

Maximum Total Indebtedness Permitted. [40% of Total Asset Value at Statement Date (40% of Line I.B.3.)]2 [60I.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.):

Appears in 1 contract

Samples: Credit Agreement (American Residential Properties, Inc.)

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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: I.B.13.): $ Excess (deficientdeficiency) for covenant compliance (Line I.C. - I.A.):I.D. – I.A.4.): $ 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

Appears in 1 contract

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

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