Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, at any time, the greater of (i) 25% of Total Asset Value and (ii) the aggregate amount of the Commitments.
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Samples: Management Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust), Credit Agreement (Senior Housing Properties Trust)
Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, exceed at any time, time an amount equal to the greater of (i) 2525.0% of Total Asset Value and (ii) the sum of (x) the aggregate amount of the CommitmentsCommitments (as defined in the Revolving Credit Agreement) plus (y) the aggregate principal balance of the Term Loans.
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Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, at any time, the greater of (i) 2540% of Total Asset Value and (ii) the aggregate amount of the Commitments.
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Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, exceed at any time, time an amount equal to the greater of (i) 2525.0% of Total Asset Value and (ii) the sum of (x) the aggregate amount of the CommitmentsCommitments plus (y) the aggregate principal balance of loans outstanding under that certain Credit Agreement entered into in February, 2004 by the Borrower, the financial institutions from time to time party thereto as “Lenders” and Wachovia Bank, National Association, as Agent.
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Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, at any time, the greater of (i) 25% of Total Asset Value and (ii) the aggregate amount of the CommitmentsCommitments (as such term is defined in the Revolving Credit Agreement).
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Samples: Interim Loan Agreement (Hospitality Properties Trust)
Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, exceed at any time, time an amount equal to the greater of (i) 2525.0% of Total Asset Value and (ii) the sum of (x) the aggregate amount of the CommitmentsCommitments plus (y) the aggregate principal balance of loans outstanding under that certain Term Loan Agreement dated as of February 25, 2004 by and among the Borrower, the financial institutions from time to time party thereto as “Lenders” and Wachovia Bank, National Association, as Agent.
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Floating Rate Debt. The aggregate principal amount of all outstanding Floating Rate Debt to exceed, exceed at any time, time an amount equal to the greater of (i) 2525.0% of Total Asset Value and (ii) the sum of (x) the aggregate amount of the CommitmentsCommitments plus (y) four hundred million dollars ($400,000,000).
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