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)
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)