Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 to 1.00 as at the end of such fiscal quarter.
Appears in 8 contracts
Samples: Term Loan Agreement (Spirit Realty Capital, Inc.), Term Loan Agreement (Realty Income Corp), Term Loan Agreement (Realty Income Corp)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 0.35 to 1.00 as at of the end last day of such each fiscal quarter.
Appears in 3 contracts
Samples: Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust), Term Loan Agreement (Washington Real Estate Investment Trust)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 to 1.00 as at the end of such fiscal quarterany time.
Appears in 3 contracts
Samples: Credit Agreement (Equity One Inc), Credit Agreement (Equity One, Inc.), Credit Agreement (Equity One Inc)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall will not permit the ratio of (ia) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined Subsidiaries, on a consolidated basis basis, to (iib) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 0.50 to 1.00 as at the end of such fiscal quarter1.00.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Amreit), Revolving Credit Agreement (Amreit)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarterValue, to exceed 0.40 to 1.00 as at the end of such fiscal quarterany time.
Appears in 2 contracts
Samples: Credit Agreement (Realty Income Corp), Credit Agreement (Realty Income Corp)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower Guarantor and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 to 1.00 as at the end of such fiscal quarterany time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Ps Business Parks Inc/Ca)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarterValue, to exceed 0.40 0.350 to 1.00 as at the end of such fiscal quarterany time.
Appears in 1 contract
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 0.30 to 1.00 as at the end of such fiscal quarterany time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Ps Business Parks Inc/Ca)
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 to 1.00 as at the end of such fiscal quarterany time.
Appears in 1 contract
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall not permit the ratio of (i) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value at the end of any fiscal quarterValue, to exceed 0.40 0.75 to 1.00 as at the end of such fiscal quarterany time.
Appears in 1 contract
Ratio of Secured Indebtedness to Gross Asset Value. The Borrower shall will not permit the ratio of (ia) the aggregate principal amount of Secured Indebtedness of the Borrower and its Subsidiaries determined Subsidiaries, on a consolidated basis basis, to (iib) Gross Asset Value at the end of any fiscal quarter, to exceed 0.40 0.35 to 1.00 as at the end of such fiscal quarter1.0.
Appears in 1 contract
Samples: Revolving Credit Agreement (Amreit)
