Common use of Leverage Ratios Clause in Contracts

Leverage Ratios. (i) The Leverage Ratio shall at all times be less than 60%. (ii) The Unencumbered Leverage Ratio shall at all times be less than 60%. (iii) The Secured Leverage Ratio shall at all times be less than 45%.

Appears in 5 contracts

Sources: Term Loan Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust), Credit Agreement (Chesapeake Lodging Trust)