Common use of Ratio of Unsecured Indebtedness to Unencumbered Asset Value Clause in Contracts

Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 to 1.00 at any time during the Initial Measurement Period and (2) 0.60 to 1.00 at any time thereafter.

Appears in 5 contracts

Samples: Credit Agreement (NETSTREIT Corp.), Credit Agreement (NETSTREIT Corp.), Credit Agreement (NETSTREIT Corp.)

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Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 to 1.00 at any time during the Initial Measurement Period and (2) 0.60 to 1.00 at any time thereaftertime.

Appears in 3 contracts

Samples: And Consolidated Credit Agreement (Chambers Street Properties), Term Loan Agreement (Chambers Street Properties), Credit Agreement (Chambers Street Properties)

Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 to 1.00 at any time during the Initial Measurement Period and (2) be greater than 0.60 to 1.00 at any time thereaftertime.

Appears in 2 contracts

Samples: Note Purchase Agreement (Excel Trust, L.P.), Assignment and Assumption Agreement (Excel Trust, Inc.)

Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Consolidated Subsidiaries to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 to 1.00 at any time during the Initial Measurement Period and (2) 0.60 to 1.00 at any time thereaftertime.

Appears in 2 contracts

Samples: Term Loan Agreement (Regency Centers Lp), Credit Agreement (Regency Centers Lp)

Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 to 1.00 at any time during the Initial Measurement Period and (2) be greater than 0.60 to 1.00 at any time thereaftertime.”

Appears in 1 contract

Samples: Credit Agreement (Excel Trust, Inc.)

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Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 be greater than 0.550 to 1.00 at any time during the Initial Measurement Period and (2) 0.60 to 1.00 at any time thereaftertime.

Appears in 1 contract

Samples: Credit Agreement (Excel Trust, Inc.)

Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed (1) 0.65 0.50 to 1.00 at any time during the Initial Measurement Period and (2) 0.60 to 1.00 at any time thereaftertime.

Appears in 1 contract

Samples: Credit Agreement (American Homes 4 Rent)

Ratio of Unsecured Indebtedness to Unencumbered Asset Value. The Parent shall not permit the ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis to (ii) Unencumbered Asset Value of the Parent and its Subsidiaries to exceed be greater than: (1) 0.65 to 1.00 at any time during the Initial Measurement Period and (2x) 0.60 to 1.00 until the Follow-On Offering Event; and (y) 0.550 to 1.00 on, and at any time thereafter.”

Appears in 1 contract

Samples: Credit Agreement (Excel Trust, Inc.)

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