Common use of Gross Asset Value Clause in Contracts

Gross Asset Value. (i) SUBTOTAL: Gross Asset Value (Total Indebtedness ratio calculation) (subject to Adjustments, if any) Adjustment to reduce Gross Asset Value by amount of Exclusion from Total Priority Indebtedness Adjustment to limit (xxi) to 30% of Gross Asset Value Adjustment to limit sum of (xvii) plus (xviii) (other than mortgage loan receivables, at lower of cost or market) plus (xxi) to 40% of Gross Asset Value Adjustment so no more than 30% of Gross Asset Value is attributable to assets located outside United States and Puerto Rico or to assets owned by Entities not organized in and not having principal offices in the United States or Puerto Rico

Appears in 8 contracts

Samples: Term Loan Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp), Credit Agreement (Kimco Realty Corp)

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