Common use of Maximum Total Indebtedness to Total Asset Value Ratio Clause in Contracts

Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 to 1.00.

Appears in 26 contracts

Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (Whitestone REIT), Credit Agreement (Alpine Income Property Trust, Inc.)

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Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the BorrowerCompany, the Borrower Company shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 to 1.00.

Appears in 6 contracts

Samples: Credit Agreement Whitestone Reit Operating (Whitestone REIT), Note Purchase Agreement (LTC Properties Inc), Note Purchase Agreement (LTC Properties Inc)

Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the BorrowerCompany, the Borrower Company shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 0.50 to 1.00.

Appears in 5 contracts

Samples: Note Purchase Agreement (LTC Properties Inc), Note Purchase Agreement (LTC Properties Inc), Note Purchase and Private Shelf Agreement (LTC Properties Inc)

Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 .50 to 1.001.0.

Appears in 3 contracts

Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)

Maximum Total Indebtedness to Total Asset Value Ratio. As of the Closing Date and the last day of each Fiscal Quarter of commencing with the BorrowerFiscal Quarter ending June 30, 2017, the Borrower shall not permit the ratio of (i) Total Indebtedness as of such date to (ii) Total Asset Value as of such date to be greater than 0.60 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (Umh Properties, Inc.), Credit Agreement (Umh Properties, Inc.)

Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 0.50 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (LTC Properties Inc)

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Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 0.50 to 1.001.0.

Appears in 1 contract

Samples: Credit Agreement (LTC Properties Inc)

Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than 0.60 0.55 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Tomoka Land Co)

Maximum Total Indebtedness to Total Asset Value Ratio. As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Total Indebtedness to Total Asset Value to be greater than (x) during a Leverage Ratio Increase Period, 0.65 to 1.00 and (y) at all other times, 0.60 to 1.00.. ​

Appears in 1 contract

Samples: Credit Agreement (CTO Realty Growth, Inc.)

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