Unimproved Land. As at the end of any fiscal quarter or other date of measurement, the Borrowers shall not permit the book value of Unimproved Land to exceed 10% of Gross Asset Value.
Appears in 4 contracts
Samples: Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc), Revolving Credit and Term Loan Agreement (Sovran Acquisition LTD Partnership)
Unimproved Land. As at the end of any fiscal quarter or and any other date of measurement, the Borrowers Obligors shall not permit the book value of Unimproved Land to exceed 10% of Gross Asset Value.
Appears in 4 contracts
Samples: Note Purchase Agreement (Sovran Acquisition LTD Partnership), Note Purchase Agreement (Sovran Self Storage Inc), Note Purchase Agreement (Sovran Self Storage Inc)
Unimproved Land. As at the end of any fiscal quarter or and at all other date of measurementtimes, the Borrowers shall not permit the book value of Unimproved Land to exceed 10% of Gross Asset Value.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)
