Common use of Non-Recourse Debt Clause in Contracts

Non-Recourse Debt. the Borrower shall ensure that the aggregate outstanding amount of Non-Recourse Debt of the Borrower and its Subsidiaries, other than the Lindbergh Non-Recourse Debt, shall not exceed an amount equal to 2.5% of the Consolidated Tangible Assets of the Borrower as shown on the most recent consolidated financial statements of the Borrower provided to the Lenders hereunder."

Non-Recourse Debt. the Borrower shall ensure that the aggregate outstanding amount of outstanding Non-Recourse Debt of the Borrower and its Subsidiaries, the other than the Lindbergh Non-Recourse Debt, Loan Parties (determined on a consolidated basis) shall not exceed an amount equal to 2.5% of the Consolidated Tangible Assets of the Borrower Trust as shown on the most recent consolidated financial statements of the Borrower Trust provided to the Lenders hereunder."

Non-Recourse Debt. the Borrower shall ensure that the aggregate outstanding amount of Non-Recourse Debt of the Borrower and its Subsidiaries, other than the Lindbergh Non-Recourse Debt, shall not exceed an amount equal to 2.5% of the Consolidated Tangible Assets of the Borrower as shown on the most recent consolidated financial statements of the Borrower provided to the Lenders hereunder."

Non-Recourse Debt. the Borrower shall ensure that the aggregate outstanding amount of outstanding Non-Recourse Debt of the Borrower and its Subsidiaries, the other than the Lindbergh Non-Recourse Debt, Loan Parties (determined on a consolidated basis) shall not exceed an amount equal to 2.5% of the Consolidated Tangible Assets of the Borrower as shown on the most recent consolidated financial statements of the Borrower provided to the Lenders hereunder."