Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the Loans, to, at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset Value.
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Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoansIndebtedness evidenced by the Unsecured Credit Agreement, to, to at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset Value.
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Sources: Unsecured Credit Agreement (CBL & Associates Properties Inc)
Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoansIndebtedness evidenced by the 2006 Credit Agreement, to, to at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset Value.
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Sources: Unsecured Term Loan Agreement (CBL & Associates Properties Inc)
Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoansLoan, to, at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset ValueValue at any time.
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Sources: Unsecured Credit Agreement (CBL & Associates Properties Inc)
Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the LoansLoan, to, to at any time prior to the Full Collateralization Date, exceed 25% of Gross Asset Value.. exhibit10175a.htm
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Sources: Unsecured Credit Agreement (CBL & Associates Properties Inc)
Maximum Recourse Indebtedness. Borrower shall not permit the sum of all Indebtedness which is recourse to Parent, Borrower, General Partner, Borrower and/or any Guarantor or any Subsidiary or Affiliate of any of the foregoing, determined on a consolidated basis, but excluding the Loans, to, at any time prior Guarantors to the Full Collateralization Date, exceed 25% of Gross Asset Value.
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