Common use of Collateral Value Clause in Contracts

Collateral Value. The Borrower will not at any time permit the outstanding Loans to exceed sixty-five percent (65%) of the Value of Negative Pledge Property.

Appears in 1 contract

Sources: Loan Agreement (Irt Property Co)

Collateral Value. The Borrower will not at any time permit the aggregate amount of the outstanding Loans and the Swing Line Loans to exceed sixty-sixty- five percent (65%) of the Value of Negative Pledge Property."

Appears in 1 contract

Sources: Loan Agreement (Irt Property Co)

Collateral Value. The Borrower will not at any time permit the aggregate amount of the outstanding Loans and the Swing Line Loans to exceed sixty-five percent (65%) of the Value of Negative Pledge Property.

Appears in 1 contract

Sources: Loan Agreement (Irt Property Co)