Unhedged Variable Rate Debt. The Borrower will not at any time permit the Unhedged Variable Rate Debt of the REIT and its Subsidiaries on a Consolidated basis to exceed twenty percent (20%) of Gross Asset Value.
Appears in 3 contracts
Samples: Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ Reit, Inc.), Credit Agreement (GTJ REIT, Inc.)
Unhedged Variable Rate Debt. The Borrower will not at any time permit the Unhedged Variable Rate Debt of the REIT and its Subsidiaries on a Consolidated basis to exceed twenty percent (20%) of Gross Consolidated Total Asset Value.
Appears in 3 contracts
Samples: Term Loan Agreement (Mid America Apartment Communities Inc), Term Loan Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)
Unhedged Variable Rate Debt. The Borrower will shall not at any time permit the Unhedged Variable Rate Debt of the REIT Parent and its Subsidiaries on a Consolidated basis (other than the Obligations) to exceed twenty thirty percent (2030%) of Gross Total Asset Value.
Appears in 1 contract
Unhedged Variable Rate Debt. The Borrower will not at any time permit the Unhedged Variable Rate Debt of the REIT Borrower and its Subsidiaries on a Consolidated basis (excluding the Obligations) to exceed twenty ten percent (2010%) of Gross Total Asset Value.
Appears in 1 contract
Samples: Management Agreement (New Senior Investment Group Inc.)
