Maximum Unsecured Debt to Unencumbered Asset Pool Value. As of the last day of each Fiscal Quarter of the Company, the Company shall not permit the ratio of Unsecured Debt of the Company and its Subsidiaries to Unencumbered Asset Pool Value to be greater than 0.60 to 1.00.
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Samples: Note Purchase Agreement (LTC Properties Inc), Note Purchase and Private Shelf Agreement (LTC Properties Inc), LTC Properties Inc
Maximum Unsecured Debt to Unencumbered Asset Pool Value. As of the last day of each Fiscal Quarter of the CompanyBorrower, the Company Borrower shall not permit the ratio of Unsecured Debt of the Company Borrower and its Subsidiaries to Unencumbered Asset Pool Value to be greater than 0.60 to 1.00.
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