Common use of Joint Venture Ownership Interest Clause in Contracts

Joint Venture Ownership Interest. As at the end of any fiscal quarter and any other date of measurement, the Obligors shall not permit Joint Venture Ownership Interest Value to exceed 20% 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)

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Joint Venture Ownership Interest. As at the end of any fiscal quarter and any or other date of measurement, the Obligors Borrowers shall not permit Joint Venture Ownership Interest Value to exceed 2010% of Gross Asset Value.

Appears in 2 contracts

Samples: Credit Agreement (Sovran Acquisition LTD Partnership), Credit Agreement (Sovran Self Storage Inc)

Joint Venture Ownership Interest. As at the end of any fiscal quarter and any or other date of measurement, the Obligors Borrowers shall not permit Joint Venture Ownership Interest Value to exceed 20% of Gross Asset Value.

Appears in 2 contracts

Samples: Credit Agreement (Sovran Self Storage Inc), Revolving Credit and Term Loan Agreement (Sovran Self Storage Inc)

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Joint Venture Ownership Interest. As at the end of any fiscal quarter and any at all other date of measurementtimes, the Obligors Borrowers shall not permit Joint Venture Ownership Interest Value to exceed 20% of Gross Asset Value.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Sovran Self Storage Inc)

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