Unencumbered Pool. Borrower shall not permit the ratio of the outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 at any time.
Appears in 13 contracts
Samples: Credit Agreement (Equity Office Properties Trust), Revolving Credit Agreement (Eop Operating LTD Partnership), Revolving Credit Agreement (Amb Property Corp)
Unencumbered Pool. Borrower shall not permit the ratio of the Unencumbered Asset Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 be less than 1.50:1 at any time.
Appears in 8 contracts
Samples: Revolving Credit Agreement (Equity Residential), Credit Agreement (Equity Residential), Revolving Credit Agreement (Equity Residential)
Unencumbered Pool. Borrower shall not permit the ratio of the Unencumbered Asset Pool Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 be less than 1.75:1 at any time.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Iac Capital Trust), Unsecured Loan Agreement (Iac Capital Trust), Revolving Credit Agreement (Irvine Apartment Communities L P)
Unencumbered Pool. Borrower shall not permit the ratio of (a) the Unencumbered Asset Value to (b) outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 at any timebe less than 1.35:1.
Appears in 4 contracts
Samples: Loan Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc), Term Loan Agreement (Manufactured Home Communities Inc)
Unencumbered Pool. Borrower shall not permit the ratio of the Unencumbered Asset Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 at any timebe less than 1.35:1.
Appears in 2 contracts
Samples: Credit Agreement (Equity Lifestyle Properties Inc), Loan Agreement (Equity Lifestyle Properties Inc)
Unencumbered Pool. The Borrower shall not permit the ratio of the Unencumbered Asset Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 at any timebe less than 1.50:1.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership), Revolving Credit Agreement (Erp Operating LTD Partnership)
Unencumbered Pool. Borrower shall not permit the ratio of the Unencumbered Asset Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 be less than 2.5:1 at any time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership)
Unencumbered Pool. Borrower Guarantor shall not permit the ratio of the Unencumbered Asset Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 be less than 2.5:1 at any time.
Appears in 1 contract
Unencumbered Pool. Borrower shall not permit the The ratio of the outstanding Unsecured Debt to Unencumbered Asset Value to shall not exceed 0.55:1 at any time.
Appears in 1 contract
Unencumbered Pool. The Borrower shall not permit the ratio of the Unencumbered Asset Value to outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 be less than 1.50:1 at any time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership)
Unencumbered Pool. Borrower shall not permit the ratio of the outstanding Unsecured Debt to Unencumbered Asset Value to exceed 0.55:1 0.60:1 at any time.
Appears in 1 contract
