Common use of Project Covenant Clause in Contracts

Project Covenant. (a) As of the Test Date, the Property supports a Debt Yield of %.

Appears in 2 contracts

Sources: Loan Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Loan Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Project Covenant. (a) As of the Test Date, the Property supports a Debt Yield of __%.

Appears in 1 contract

Sources: Loan Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)