Total Secured Leverage Ratio. The Borrower will not at any time permit Consolidated Total Secured Indebtedness to exceed forty percent (40%) of Consolidated Total Asset Value.
Appears in 3 contracts
Samples: Term Loan Agreement (Mid-America Apartments, L.P.), Term Loan Agreement (Mid-America Apartments, L.P.), Credit Agreement (Mid America Apartment Communities Inc)
Total Secured Leverage Ratio. The Borrower will not at any time permit Borrower’s Consolidated Total Secured Indebtedness to will not exceed forty percent (40%) of Consolidated Total Asset Value.
Appears in 3 contracts
Samples: Credit Agreement (Mid-America Apartments, L.P.), Credit Agreement (Mid-America Apartments, L.P.), Credit Agreement (Mid-America Apartments, L.P.)