Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt to Gross Asset Value of Borrower and its Subsidiaries to exceed 0.45:1 at any time.
Appears in 4 contracts
Samples: Unsecured Loan Agreement (Iac Capital Trust), Revolving Credit Agreement (Iac Capital Trust), Unsecured Loan Agreement (Iac Capital Trust)
Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt to the sum of Gross Asset Value of Values for Borrower and each of its Subsidiaries to exceed 0.45:1 at any time0.5:1.
Appears in 1 contract
Samples: Credit Agreement (Manufactured Home Communities Inc)
Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt to the sum of Gross Asset Value of Values for Borrower and each of its Subsidiaries to exceed 0.45:1 at any time0.4:1.
Appears in 1 contract
Samples: Credit Agreement (Manufactured Home Communities Inc)
Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt to the sum of Gross Asset Value of Values for Borrower and each of its Subsidiaries to exceed 0.45:1 at any time0.50:1.
Appears in 1 contract
Samples: Credit Agreement (Manufactured Home Communities Inc)
Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt to Gross Asset Value of Borrower and its Subsidiaries to exceed 0.45:1 0.30:1 at any time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership)
Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt to the sum of Gross Asset Value of Values for Borrower and each of its Subsidiaries to exceed 0.45:1 at any time0.40:1.
Appears in 1 contract
Samples: Credit Agreement (Manufactured Home Communities Inc)
