Unsecured Leverage Ratio. Permit the Unsecured Leverage Ratio to be greater than the following amounts as of the end of any fiscal quarter ending during the corresponding period set forth below: Beginning on the Closing Date and on or prior to December 31, 2007 0.90 Beginning on January 1, 2008 and on or prior to June 30, 2008 0.80 Beginning on July 1, 2008 and on or prior to December 31, 2008 0.75 Beginning on January 1, 2009 0.65
Appears in 4 contracts
Samples: Credit Agreement (Hcp, Inc.), Credit Agreement (Hcp, Inc.), Credit Agreement (Health Care Property Investors Inc)
Unsecured Leverage Ratio. Permit the Unsecured Leverage Ratio to be greater than the following amounts as of the end of any fiscal quarter ending during the corresponding period set forth below: Beginning on the Closing Date and on or prior to December 31, 2007 0.90 2006 not tested Beginning on January 1, 2008 2007 and on or prior to June 30, 2008 0.80 2007 1.00 Beginning on July 1, 2008 2007 and on or prior to December 31September 30, 2008 0.75 Beginning on January October 1, 2009 2008 0.65
Appears in 2 contracts
Samples: Credit Agreement (Health Care Property Investors Inc), Credit Agreement (Health Care Property Investors Inc)
