Maximum Unsecured Debt to Unencumbered Asset 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 Value to be greater than 0.60 to 1.00.
Appears in 7 contracts
Samples: Note Purchase Agreement (LTC Properties Inc), Note Purchase Agreement (LTC Properties Inc), Note Purchase Agreement (LTC Properties Inc)
Maximum Unsecured Debt to Unencumbered Asset 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 and its Subsidiaries to Unencumbered Asset Value to be greater than 0.60 to 1.00.
Appears in 4 contracts
Samples: Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc), Credit Agreement (LTC Properties Inc)
Maximum Unsecured Debt to Unencumbered Asset 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 Value to be greater than 0.60 to 1.00.
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Maximum Unsecured Debt to Unencumbered Asset 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 Value to be greater than 0.60 to 1.00.
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