Maximum Variable Rate Indebtedness. Permit Total Variable Rate Indebtedness at any time to exceed 25% of Total Asset Value at such time.
Appears in 3 contracts
Sources: Credit Agreement (Empire State Realty Trust, Inc.), Credit Agreement (Empire State Realty OP, L.P.), Credit Agreement (Empire State Realty Trust, Inc.)
Maximum Variable Rate Indebtedness. Permit Total Variable Rate Indebtedness at any time with unhedged variable interest rates to exceed twenty five percent (25% %) of Total Asset Value at such timeValue.
Appears in 1 contract
Sources: Credit Agreement (Dividend Capital Total Realty Trust Inc.)