Maintenance of Total Unencumbered Assets. The Guarantor and its Subsidiaries may not at any time own Total Unencumbered Assets equal to less than 150% of the aggregate outstanding principal amount of the Unsecured Debt of the Guarantor and its Subsidiaries on a consolidated basis.
Appears in 8 contracts
Samples: Second Supplemental Indenture (Spirit Realty, L.P.), Seventh Supplemental Indenture (Spirit Realty Capital, Inc.), Supplemental Indenture (Spirit Realty Capital, Inc.)
Maintenance of Total Unencumbered Assets. The Guarantor and its Subsidiaries may not will maintain at any time own all times Total Unencumbered Assets equal to of not less than 150% of the aggregate outstanding principal amount of the all outstanding Unsecured Debt of the Guarantor and its Subsidiaries (determined on a consolidated basisbasis in accordance with GAAP).
Appears in 5 contracts
Samples: Supplemental Indenture (Piedmont Office Realty Trust, Inc.), Indenture (Piedmont Office Realty Trust, Inc.), Supplemental Indenture (Piedmont Office Realty Trust, Inc.)
Maintenance of Total Unencumbered Assets. The Guarantor Company and its Subsidiaries may not at any time own the Subsidiary Guarantors will maintain Total Unencumbered Assets equal to of not less than 150% of the aggregate outstanding principal amount of the Unsecured Debt Indebtedness of the Guarantor Company and its Subsidiaries the Subsidiary Guarantors on a consolidated basis.
Appears in 3 contracts
Samples: Indenture (Dupont Fabros Technology, Inc.), Indenture (Tarantula Ventures LLC), Indenture (Dupont Fabros Technology, Inc.)
Maintenance of Total Unencumbered Assets. The Guarantor and its Subsidiaries may not at any time own Total Unencumbered Assets equal to less than 150% of the aggregate outstanding principal amount of the Unsecured Debt of the Guarantor and its Subsidiaries on a consolidated basis.. (d)
Appears in 1 contract
Samples: Spirit Realty Capital, Inc.
Maintenance of Total Unencumbered Assets. The Guarantor and its Subsidiaries may not shall at any time own Total all times maintain Unencumbered Assets equal to (as defined below) of not less than 150% of the aggregate outstanding principal amount of the Unsecured Debt all of the Guarantor and its Subsidiaries on a consolidated basisGuarantor’s outstanding Unsecured Debt.
Appears in 1 contract
Samples: Fiscal Agency Agreement (Simon Property Group L P /De/)
