Ratio of Secured Recourse Indebtedness to Total Asset Value. The Parent shall not permit the ratio of (i) Secured Recourse Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis to (ii) Total Asset Value, to exceed 0.10 to 1.00 at any time.
Appears in 6 contracts
Samples: Term Loan Agreement (Parkway Properties Inc), Assignment and Assumption Agreement (Parkway Properties Inc), Assignment and Assumption Agreement (Parkway Properties Inc)
Ratio of Secured Recourse Indebtedness to Total Asset Value. The Parent shall not permit the ratio of (i) the sum of all Recourse Indebtedness which is Secured Recourse Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis to (ii) Total Asset Value, Value of the Parent and its Subsidiaries determined on a consolidated basis to exceed 0.10 0.20 to 1.00 at any time.
Appears in 3 contracts
Samples: Term Loan Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)
