Common use of Maximum Variable Rate Indebtedness Clause in Contracts

Maximum Variable Rate Indebtedness. Permit the Indebtedness of the Consolidated Group that accrues interest at a variable rate to be greater than thirty percent (30%) of Total Asset Value.

Appears in 2 contracts

Sources: Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.)