Maximum Recourse Indebtedness. Recourse Indebtedness of the Parent and the Borrower (excluding Indebtedness under this Agreement) to exceed ten percent (10%) of Total Asset Value of the Companies.
Appears in 1 contract
Sources: Credit Agreement (American Realty Capital Trust, Inc.)
Maximum Recourse Indebtedness. Recourse Indebtedness of the Parent and the Borrower (excluding Indebtedness under this Agreement) to exceed ten twenty percent (1020%) of Total Asset Value of the Companies.
Appears in 1 contract
Sources: Credit Agreement (American Realty Capital Trust III, Inc.)