Common use of Unencumbered Leverage Ratio Clause in Contracts

Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries to (ii) Unencumbered Asset Value, to be greater than 0.65 to 1.00 at any time.

Appears in 3 contracts

Samples: Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)

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Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries Unencumbered Asset Value to (ii) Unencumbered Asset ValueUnsecured Indebtedness, to be greater less than 0.65 1.67 to 1.00 at any time.

Appears in 2 contracts

Samples: Interim Loan Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)

Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries Unencumbered Asset Value to (ii) Unencumbered Asset ValueUnsecured Indebtedness, to be greater less than 0.65 1.80 to 1.00 at any time.

Appears in 2 contracts

Samples: Management Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)

Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries Unencumbered Asset Value to (ii) Unencumbered Asset ValueUnsecured Indebtedness, to be greater less than 0.65 1.750 to 1.00 at any time.

Appears in 1 contract

Samples: Term Loan Agreement (HRPT Properties Trust)

Unencumbered Leverage Ratio. The ratio of (i) Unencumbered Asset Value to (ii) Unsecured Indebtedness of the Parent Borrower and its Subsidiaries to (ii) Unencumbered Asset ValueSubsidiaries, to be greater less than 0.65 2.0 to 1.00 1.0 at any time.

Appears in 1 contract

Samples: Credit Agreement (Senior Housing Properties Trust)

Unencumbered Leverage Ratio. The ratio of (i) Unencumbered Asset Value to (ii) Unsecured Indebtedness of the Parent Borrower and its Subsidiaries to (ii) Unencumbered Asset ValueSubsidiaries, to be greater less than 0.65 1.80 to 1.00 1.0 at any time.

Appears in 1 contract

Samples: Credit Agreement (Senior Housing Properties Trust)

Unencumbered Leverage Ratio. The ratio of (i) Unencumbered Asset Value to (ii) Unsecured Indebtedness of the Parent Borrower and its Subsidiaries to (ii) Unencumbered Asset ValueSubsidiaries, to be greater less than 0.65 1.67 to 1.00 at any time.

Appears in 1 contract

Samples: Credit Agreement (Senior Housing Properties Trust)

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Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries Unencumbered Asset Value to (ii) Unencumbered Asset ValueUnsecured Indebtedness, to be greater less than 0.65 1.67 to 1.00 1.0 at any time.

Appears in 1 contract

Samples: Credit Agreement (Gables Realty Limited Partnership)

Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries to (ii) Unencumbered Asset Value, to be greater than 0.65 0.60 to 1.00 at the any time.

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

Unencumbered Leverage Ratio. The ratio of (i) Unsecured Indebtedness of the Parent and its Subsidiaries Unencumbered Asset Value to (ii) Unencumbered Asset ValueUnsecured Indebtedness, to be greater less than 0.65 1.670 to 1.00 at any time.

Appears in 1 contract

Samples: Credit Agreement (HRPT Properties Trust)

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