Maintenance of Total Unencumbered Assets. Ventas, Inc. and its Restricted Subsidiaries shall maintain Total Unencumbered Assets as of the end of each fiscal quarter of not less than 150% of the aggregate outstanding principal amount of Ventas, Inc.’s and its Restricted Subsidiaries’ Unsecured Debt as of the end of each fiscal quarter, all calculated on a consolidated basis in accordance with GAAP.
Appears in 6 contracts
Samples: Indenture (Ventas Inc), Supplemental Indenture (Ventas Inc), Supplemental Indenture (Ventas Inc)
Maintenance of Total Unencumbered Assets. Ventas, Inc. and its Restricted Subsidiaries shall maintain Total Unencumbered Assets as of the end of each fiscal quarter of not less than 150% of the aggregate outstanding principal amount of Ventas, Inc.’s and its Restricted Subsidiaries’ Unsecured Debt as of the end of each fiscal quarter, all calculated on a consolidated basis in accordance with GAAP.,
Appears in 2 contracts
Samples: Indenture (Ventas Inc), Indenture (Ventas Inc)
