Maximum Indebtedness. The ratio (expressed as a percentage) of (A) Indebtedness of Guarantor and its Subsidiaries as of the last day of any Fiscal Quarter to (B) Total Assets of Guarantor and its Subsidiaries as of the last day of such Fiscal Quarter, to exceed eighty three and a third percent (83.3333%).
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Sources: Guaranty (Blackstone Mortgage Trust, Inc.), Master Repurchase Agreement (Blackstone Mortgage Trust, Inc.)
Maximum Indebtedness. The ratio (expressed as a percentage) of of
(Aa) Indebtedness of Guarantor and its Subsidiaries as of the last day of any Fiscal Quarter to (Bb) Total Assets of Guarantor and its Subsidiaries as of the last day of such Fiscal Quarter, to exceed eighty three and a third percent (83.3333%).
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Maximum Indebtedness. The ratio (expressed as a percentage) of (Aa) Indebtedness of the Guarantor and its Subsidiaries as of the last day of any Fiscal Quarter to (Bb) Total Assets of Guarantor and its Subsidiaries as of the last day of such Fiscal Quarter, to exceed eighty three and a third percent (83.3333%).
Appears in 1 contract