Total Liabilities to Total Asset Value. AMB LP shall not permit the ratio of Total Liabilities to Total Asset Value of AMB LP to exceed 0.60:1 at any time; provided, however, such ratio may exceed 0.60:1 for any two (2) consecutive quarters but in no event shall AMB LP permit the ratio of Total Liabilities to Total Asset Value to exceed 0.65:1 at any time.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Lp)
Total Liabilities to Total Asset Value. AMB LP shall not permit the ratio of Total Liabilities to Total Asset Value of AMB LP to exceed 0.60:1 0.55:1 at any time; provided, provided however, such ratio may exceed 0.60:1 0.55:1 for any two single quarter within any twelve (212) consecutive quarters month period but in no event shall AMB LP permit the ratio of Total Liabilities to Total Asset Value to exceed 0.65:1 0.60:1 at any time.
Appears in 2 contracts
Samples: Credit Facility Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Lp)
Total Liabilities to Total Asset Value. AMB LP shall not permit the ratio of Total Liabilities to Total Asset Value of AMB LP to exceed 0.60:1 0.55:1 at any time; provided, however, such ratio may exceed 0.60:1 0.55:1 for any two single quarter within any twelve (212) consecutive quarters month period but in no event shall AMB LP permit the ratio of Total Liabilities to Total Asset Value to exceed 0.65:1 0.60:1 at any time.
Appears in 1 contract
Total Liabilities to Total Asset Value. AMB LP shall not permit the ratio of Total Liabilities to Total Asset Value of AMB LP to exceed 0.60:1 at any time; provided, however, such ratio may exceed 0.60:1 that, in connection with a Material Acquisition, for any two the four (24) consecutive quarters following such Material Acquisition, Total Liabilities may exceed sixty percent (60%) of Total Asset Value, but in no event shall AMB LP permit the ratio exceed sixty-five percent (65%) of Total Liabilities to Total Asset Value to exceed 0.65:1 at any time.Value. For purposes of this covenant,
Appears in 1 contract
Total Liabilities to Total Asset Value. AMB LP shall not permit the ratio of Total Liabilities to Total Asset Value of AMB LP to exceed 0.60:1 at any time; provided, provided however, such ratio may exceed 0.60:1 for any two (2) consecutive quarters but in no event shall AMB LP permit the ratio of Total Liabilities to Total Asset Value to exceed 0.65:1 at any time.
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