Common use of Maximum Secured Debt Clause in Contracts

Maximum Secured Debt. Maintain at all times a ratio of Secured Debt to Consolidated Total Asset Value of not greater than 40%.

Appears in 1 contract

Sources: Credit Agreement (American Campus Communities Operating Partnership LP)

Maximum Secured Debt. Maintain at all times a ratio of Secured Debt to Consolidated Total Asset Value of not greater than forty percent (40%).

Appears in 1 contract

Sources: Credit Agreement (American Campus Communities Operating Partnership LP)