Mortgage Secured Leverage Ratio. The ratio of the aggregate amount of all Indebtedness of the Company and its Subsidiaries that is secured by a mortgage Lien on any Real Property Assets (or a Lien on the Equity Interests of the owner of such Real Property Assets) to Consolidated Capitalization Value to exceed 40%.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Four Corners Property Trust, Inc.), Revolving Credit and Term Loan Agreement (Four Corners Property Trust, Inc.)
Mortgage Secured Leverage Ratio. The ratio of the aggregate amount of all Indebtedness (other than the Obligations) of the Company and its Subsidiaries that is secured by a mortgage Lien on any Real Property Assets (or a Lien on the Equity Interests of the owner of such Real Property Assets) to Consolidated Capitalization Value to exceed 40%.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Four Corners Property Trust, Inc.)
Mortgage Secured Leverage Ratio. The ratio of the aggregate amount of all Indebtedness of the Company and its Subsidiaries that is secured by a mortgage Lien on any Real Property Assets (or a Lien on the Equity Interests of the owner of such Real Property Assets) to Consolidated Capitalization Value to exceed 40%. Secured Recourse Debt. Total Secured Recourse Indebtedness to exceed 5% of Consolidated Capitalization Value.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Four Corners Property Trust, Inc.)
