Secured Recourse Indebtedness. Permit Total Secured Recourse Indebtedness to exceed fifteen percent (15%) of Total Asset Value as of the last day of any fiscal quarter, excluding recourse associated with interest rate xxxxxx.
Appears in 4 contracts
Samples: Credit Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Credit Agreement (ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc.), Credit Agreement (BLACK CREEK INDUSTRIAL REIT IV Inc.)
Secured Recourse Indebtedness. Permit Total Secured Recourse Indebtedness to exceed fifteen ten percent (1510%) of Total Asset Value as of the last day of any fiscal quarter, excluding recourse associated with interest rate xxxxxx.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Black Creek Diversified Property Fund Inc.)
