Common use of Minimum Net Asset Value Clause in Contracts

Minimum Net Asset Value. The Borrower will not permit Net Asset Value to be less than an amount equal to eighty five percent (85%) of the Net Asset Value as of the Effective Date.

Appears in 3 contracts

Samples: Term Loan Agreement (Nationwide Health Properties Inc), Credit Agreement (Nationwide Health Properties Inc), Credit Agreement (Nationwide Health Properties Inc)

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Minimum Net Asset Value. The Borrower will not permit Net ----------------------- Asset Value to be less than an amount equal to eighty five percent (85%) the sum of the Net Asset Value as of the Effective Date$500,000,000.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Health Properties Inc)

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