Unencumbered Asset Occupancy Ratio. As at the end of each fiscal quarter, the Eligible Unencumbered Assets to have an aggregate Occupancy Rate of less than 80% of the aggregate gross leasable area within such Eligible Unencumbered Assets.
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Taubman Centers Inc), Revolving Credit and Term Loan Agreement (Taubman Centers Inc), Term Loan Agreement (Taubman Centers Inc)
Unencumbered Asset Occupancy Ratio. As at the end of each the preceding fiscal quarter, the Eligible Unencumbered Assets to have an aggregate Occupancy Rate of less than that is equal to, or greater than, 80% of the aggregate gross leasable area within such Eligible Unencumbered Assets.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Taubman Centers Inc), Term Loan Agreement (Taubman Centers Inc)
Unencumbered Asset Occupancy Ratio. As at the end of each the preceding fiscal quarter, the Eligible Unencumbered Assets to have an aggregate Occupancy Rate of less than that is equal to, or greater than, 80% of the aggregate gross leasable area within such Eligible Unencumbered Assets. __________________________ 3 If a change has occurred, describe such change in methodology.
Appears in 1 contract
