Leverage Requirement Sample Clauses
Leverage Requirement. Permit as of the end of each fiscal quarter of the Consolidated Group, Consolidated Outstanding Indebtedness to exceed 65% of Total Asset Value. For the purposes of this Section 7.11(b), Approved Subordinated Debt will be treated as equity only until July 13, 2013.
Leverage Requirement. As of the end of each fiscal quarter of CREIS' commencing with the fiscal quarter ending September 30, 2011, Total Liabilities shall not exceed (i) 75% of CREIS' Total Asset Value during the Tier 1 Period, and (ii) 70% of CREIS' Total Asset Value during the Tier 2 Period.
2.6 The last provision of Section 7.8(i) of the Loan Agreement, immediately following clause (iv), is hereby amended in its entirety to read as follows: provided, that, notwithstanding anything to the contrary contained herein, the value of the Investments permitted pursuant to clauses (i)-(iv) above shall not, in any case, exceed an amount equal to 30% of CREIS' Total Asset Value provided, that no Blackrock Investments shall be applied to such limitation or any other limitation under this Subsection (i); and
2.7 Section 2.3 of the First Modification is hereby intentionally deleted in its entirety.
2.8 This Agreement shall constitute one of the Loan Documents as that term is defined in the Loan Agreement.
2.9 Each reference in the Loan Documents to any of the Loan Documents is hereby amended to be a reference to such document as modified herein.
Leverage Requirement. As of the end of each fiscal quarter of Guarantor commencing with the fiscal quarter ending September 30, 2009, Total Liabilities shall not exceed 60% of Guarantor’s Total Asset Value.
Leverage Requirement. As of the end of each fiscal quarter of CCPT IV’s commencing with the fiscal quarter ending June 30, 2012, Total Liabilities shall not exceed (i) 75% of CCPT IV’s Total Asset Value during the Tier 1 Period, (ii) 70% of CCPT IV’s Total Asset Value during the Tier 2 Period, and (iii) 65% of CCPT IV’s Total Asset Value during the Tier 3 Period. For the purposes of this Section 6.16(b), Approved Subordinated Debt will be treated as equity.
Leverage Requirement. The Total Leverage Ratio, measured as of March 27, 2011 (using EBITDA calculated in accordance with Section 3.1(c) and assuming the Related Transactions had occurred), shall not be more than 3.75 to 1.00.
Leverage Requirement. As of the end of each fiscal quarter of CCPT III commencing with the fiscal quarter ending September 30, 2009, Total Liabilities shall not exceed 60% of CCPT III’s Total Asset Value.
Leverage Requirement. The Total Net Leverage Ratio, measured as of the most recently reported month end of the Borrower (for the twelve month period then ended and assuming the funding of the Loan and the Related Transactions had occurred), shall not be more than 4.00 to 1.00.
Leverage Requirement. As of the end of each fiscal quarter of CREIS’ commencing with the fiscal quarter ending September 30, 2011, Total Liabilities shall not exceed (i) 75% of CREIS’ Total Asset Value during the Tier 1 Period, (ii) 70% of CREIS’ Total Asset Value during the Tier 2 Period, and (iii) 65% of CREIS’ Total Asset Value during the Tier 3 Period.