Common use of Maximum Total Indebtedness Clause in Contracts

Maximum Total Indebtedness. Permit at any time either (i) all Consolidated Total Indebtedness at such time to be more than 55% of Total Capital at such time, or (ii) the Consolidated Total Indebtedness secured by mortgages on Real Property owned by the Borrower and its Subsidiaries at such time to exceed 40% of Total Capital at such time.

Maximum Total Indebtedness. Permit at any time either (i) all Consolidated Total Indebtedness the total indebtedness of the Borrower, as determined in accordance with GAAP, at such any time to be more than 5550% of Total Capital at such time, or (ii) the Consolidated Total Indebtedness indebtedness of the Borrower secured by mortgages on Real Property owned by the Borrower and its Subsidiaries at such any time to exceed 40% of Total Capital at such time.

Maximum Total Indebtedness. Permit at any time either (i) all the total indebtedness of the Borrower and its Subsidiaries, determined on a Consolidated Total Indebtedness basis, as determined in accordance with GAAP, at such any time to be more than 5550% of Total Capital at such time, or (ii) the indebtedness of the Borrower and its Subsidiaries, determined on a Consolidated Total Indebtedness basis, secured by mortgages on Real Property owned by the Borrower and its Subsidiaries at such any time to exceed 40% of Total Capital at such time.

Maximum Total Indebtedness. (a) Permit at any time either (i) all Consolidated Total Indebtedness at such time to be more than 55% of Adjusted Consolidated Total Capital Assets at such time, or ; or (iib) Permit at any time the Consolidated Total Indebtedness secured by mortgages on Real Property owned by the Borrower and its Subsidiaries at such time to exceed 40% of Adjusted Consolidated Total Capital Assets at such time.