Maximum Secured Leverage Ratio. The Borrower will not at any time permit the ratio of Consolidated Total Secured Debt to Gross Asset Value (expressed as a percentage) to exceed forty-five percent (45.0%) until the Release of Security Date, and forty percent (40.0%) thereafter.
Appears in 4 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Maximum Secured Leverage Ratio. The Borrower will not at any time permit the ratio of Consolidated Total Secured Debt to Gross Asset Value (expressed as a percentage) to exceed forty-five percent (45.0%) until the Release of Security Date, and forty percent (40.0%) thereafter).
Appears in 3 contracts
Samples: Term Loan Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)
Maximum Secured Leverage Ratio. The Borrower will not at any time permit the ratio of Consolidated Total Secured Debt Indebtedness to Gross Consolidated Total Asset Value (expressed as a percentage) to exceed forty-five percent (45.0%) until the Release of Security Date, and forty percent (40.040%) thereafter).
Appears in 1 contract
Maximum Secured Leverage Ratio. The Borrower will not at any time permit the ratio of Consolidated Total Secured Debt Indebtedness to Gross Consolidated Total Asset Value (expressed as a percentage) to exceed forty-five percent (45.045%) until the Release of Security Date, and forty percent (40.0%) thereafter).
Appears in 1 contract
Maximum Secured Leverage Ratio. The Borrower will not at any time permit the ratio of Consolidated Total Secured Debt to Gross Asset Value (expressed as a percentage) of Consolidated Total Secured Indebtedness to Consolidated Total Asset Value to exceed forty-five percent (45.0%) until the Release of Security Date, and forty percent (40.040%) thereafter).
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