Maximum Secured Recourse Debt. As of the last day of any fiscal quarter, the Secured Recourse Debt Ratio to exceed seven-and-one-half percent (7.5%);
Maximum Secured Recourse Debt. The Borrower will not at any time permit the ratio of Consolidated Total Secured Debt that is Recourse Indebtedness to Gross Asset Value (expressed as a percentage) to exceed ten percent (10.0%).
Maximum Secured Recourse Debt. A. Secured Indebtedness which is Recourse Indebtedness with respect to the Borrower, as of the Statement Date: $
Maximum Secured Recourse Debt. Permit Total Secured Recourse Debt, as of the last day of any fiscal quarter of Parent, to be greater than fifteen percent (15%) of Total Asset Value.
Maximum Secured Recourse Debt. Permit the Secured Recourse Debt of the Consolidated Group to be greater than twenty percent (20%) of Total Asset Value.
Maximum Secured Recourse Debt. The Constituent Companies will not permit Total Secured Recourse Debt, as of the last day of any fiscal quarter of the Parent Guarantor, to be greater than 15% of Total Asset Value.
Maximum Secured Recourse Debt. Maintain, as of the last day of each fiscal quarter of the Parent Guarantor, a ratio of Secured Recourse Debt to Consolidated Total Asset Value of not greater than 20%.
Maximum Secured Recourse Debt. Permit Total Secured Debt that is Recourse Debt to exceed 5% of Total Asset Value as of any date.
Maximum Secured Recourse Debt. Secured Indebtedness that is recourse to EPR shall not exceed $75,000,000.00, excluding the Secured Indebtedness existing as of the date hereof as set forth on Schedule 9.1(k) and any renewals or refinancings of such Secured Indebtedness that do not increase the amount thereof. The City Center Project (and all value, income, City Center Debt and other financial impact resulting therefrom) shall be excluded from the calculation of the financial covenants set forth in this Section 9.1 until such time as EPR or a Subsidiary Borrower has become obligated for such City Center Debt (or any refinancing thereof).
Maximum Secured Recourse Debt. Secured Recourse Debt shall not exceed Fifty-Six Million Dollars ($56,000,000) at any time hereafter.
