Secured Debt to Gross Asset Value. Borrower shall not permit the ratio of Secured Debt of Borrower and EQR (excluding Indebtedness of Consolidated Subsidiaries or Investment Affiliates), and Borrower’s Share of Secured Debt of all Consolidated Subsidiaries and Investment Affiliates to Gross Asset Value of Borrower and EQR to exceed 0.40:1 at any time.
Appears in 8 contracts
Samples: Revolving Credit Agreement (Equity Residential), Credit Agreement (Equity Residential), Credit Agreement (Erp Operating LTD Partnership)
