Parent Guarantor Financial Covenants. (i) Maximum Leverage Ratio. Maintain
Parent Guarantor Financial Covenants. (a) Maximum Leverage Ratio: Maintain at the end of each fiscal quarter of the Parent Guarantor, a Leverage Ratio not greater than 60.0%, provided that the Parent Guarantor shall have the right to maintain a Leverage Ratio of greater than 60.0% but less than or equal to 65.0% for up to four consecutive fiscal quarters of the Parent Guarantor following an acquisition of one or more Assets for a purchase price and other consideration in an amount not less than 5% of Total Asset Value.
Parent Guarantor Financial Covenants. (i) Maximum Leverage Ratio. Maintain as of each Test Date occurring prior to September 30, 2022, a Leverage Ratio of not greater than 65% and thereafter maintain as of each Test Date a Leverage Ratio of not greater than 60%; provided, however, that the Leverage Ratio may be increased, up to an additional three times, to 65% for the fiscal quarter in which a Material Acquisition occurs and for the subsequent fiscal quarter.
Parent Guarantor Financial Covenants