Recourse Secured Indebtedness. The Secured Loan-to-Value Ratio with respect to any Project for which the Consolidated Businesses shall create or assume recourse Secured Indebtedness, shall at no time exceed seventy five percent (75%).
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Samples: Credit Agreement (Reckson Associates Realty Corp), Credit Agreement (Reckson Operating Partnership Lp), Credit Agreement (Reckson Associates Realty Corp)
Recourse Secured Indebtedness. The Secured Loan-to-Value ----------------------------- Ratio with respect to any Project for which the Consolidated Businesses shall create or assume recourse Secured Indebtedness, shall at no time exceed seventy five percent (75%).
Appears in 1 contract
Recourse Secured Indebtedness. The Secured Loan-to-Value Ratio ----------------------------- with respect to any Project for which the Consolidated Businesses shall create or assume recourse Secured Indebtedness, shall at no time exceed seventy five percent (75%).
Appears in 1 contract
