Negative Pledge Agreements; Burdensome Agreements. (a) General Partner shall not, and shall not permit any other Company to, xxxxx x Xxxx (other than Permitted Liens) to any Person on the Equity Interests of any Company if the Unencumbered NOI of such Company is used in the calculation of Unencumbered Debt Service Coverage Ratio.
Appears in 7 contracts
Samples: Senior Term Loan Agreement (Prologis, L.P.), Term Loan Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.)
Negative Pledge Agreements; Burdensome Agreements. (a) General Partner Prologis shall not, and shall not permit any other Company to, xxxxx x Xxxx (other than Permitted Liens) to any Person on the Equity Interests of any Company if the Unencumbered NOI of such Company is used in the calculation of Unencumbered Debt Service Coverage Ratio.
Appears in 5 contracts
Samples: Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.)
Negative Pledge Agreements; Burdensome Agreements. (a) General Partner shall not, and shall not permit any other Company to, xxxxx gxxxx x Xxxx (other than Permitted Liens) to any Person on the Equity Interests of any Company if the Unencumbered NOI of such Company is used in the calculation of Unencumbered Debt Service Coverage Ratio.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Prologis, L.P.), Senior Term Loan Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.)
Negative Pledge Agreements; Burdensome Agreements. (a) General Partner Prologis shall not, and shall not permit any other Company to, xxxxx gxxxx x Xxxx (other than Permitted Liens) to any Person on the Equity Interests of any Company if the Unencumbered NOI of such Company is used in the calculation of Unencumbered Debt Service Coverage Ratio.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Prologis, L.P.), Term Loan Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.)
