Common use of Mortgages and Pledges Clause in Contracts

Mortgages and Pledges. Create, incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any Lien of any kind upon or in any of its property or assets, whether now owned or hereafter acquired, other than (i) Permitted Encumbrances and (ii) Liens granted in order to secure Indebtedness permitted under Section 7.02(a) or Section 7.02(b); provided, however, that the aggregate value of property subject to Liens granted pursuant to clause (ii) (exclusive of Liens to secure Indebtedness pursuant to Section 7.02(b)(i)) shall not exceed 30% of Total Consolidated Assets.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Health Care Property Investors Inc), Credit Agreement (Health Care Property Investors Inc)

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Mortgages and Pledges. Create, incur, assume or suffer to exist, or permit any of its the Subsidiaries to create, incur, assume or suffer to exist, any Lien of any kind upon or in any of its property or assets, whether now owned or hereafter acquired, other than (i) Permitted Encumbrances and (ii) Liens granted in order to secure Indebtedness permitted under Section 7.02(aSECTION 7.2(a) or Section 7.02(b7.2(b); provided, however, that the aggregate value of property subject to Liens granted pursuant to clause (ii) (exclusive of Liens to secure Indebtedness pursuant to Section 7.02(b)(iSECTION 7.2(b)(ii)) shall not exceed 30% of Total Consolidated Assets.

Appears in 1 contract

Samples: Credit Agreement (Health Care Property Investors Inc)

Mortgages and Pledges. Create, incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any Lien of any kind upon or in any of its property or assets, whether now owned or hereafter acquired, other than (i) Permitted Encumbrances and (ii) Liens granted in order to secure Indebtedness permitted under Section 7.02(a8.02(a) or Section 7.02(b8.02(b); provided, however, that the aggregate value of property subject to Liens granted pursuant to clause (ii) (exclusive of Liens to secure Indebtedness pursuant to Section 7.02(b)(i8.02(b)(i)) shall not exceed 30% of Total Consolidated Assets.

Appears in 1 contract

Samples: Health Care Property Investors Inc

Mortgages and Pledges. Create, incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any Lien of any kind upon or in any of its property or assets, whether now owned or hereafter acquired, other than (i) Permitted Encumbrances and (ii) Liens granted in order to secure Indebtedness permitted under Section 7.02(a) or Section 7.02(b); provided, however, that the aggregate value of property subject to Liens granted pursuant to clause (ii) (exclusive of Liens to secure Indebtedness pursuant to Section 7.02(b)(i)) shall not exceed 30% of Total Consolidated Assets.. (d)

Appears in 1 contract

Samples: Revolving Credit Agreement (Health Care Property Investors Inc)

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Mortgages and Pledges. Create, incur, assume or suffer to exist, or permit any of its the Subsidiaries to create, incur, assume or suffer to exist, any Lien of any kind upon or in any of its property or assets, whether now owned or hereafter acquired, other than (i) Permitted Encumbrances and (ii) Liens granted in order to secure Indebtedness permitted under Section 7.02(a8.2(a) or Section 7.02(b8.2(b); provided, however, provided that the aggregate value of property subject to Liens granted pursuant to this clause (ii) (exclusive of Liens to secure Indebtedness pursuant to Section 7.02(b)(i8.2(b)(i)) shall not exceed 30% of Total Consolidated Assets.

Appears in 1 contract

Samples: Credit Agreement (Health Care Property Investors Inc)

Mortgages and Pledges. Create, incur, assume or suffer to exist, or permit any of its the Subsidiaries to create, incur, assume or suffer to exist, any Lien of any kind upon or in any of its property or assets, whether now owned or hereafter acquired, other than (i) Permitted Encumbrances and (ii) Liens granted in order to secure Indebtedness permitted under Section 7.02(aSECTION 8.2(a) or Section 7.02(b8.2(b); provided, however, that the aggregate value of property subject to Liens granted pursuant to clause (ii) (exclusive of Liens to secure Indebtedness pursuant to Section 7.02(b)(iSECTION 8.2(b)(ii)) shall not exceed 30% of Total Consolidated Assets.

Appears in 1 contract

Samples: Revolving Credit Agreement (Health Care Property Investors Inc)

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