Common use of Recourse Indebtedness to Gross Asset Value Clause in Contracts

Recourse Indebtedness to Gross Asset Value. Recourse Indebtedness (excluding the outstanding Loans and Letter of Credit Liabilities) shall not exceed fifteen percent (15%) of Gross Asset Value.

Appears in 3 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

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Recourse Indebtedness to Gross Asset Value. Recourse Indebtedness (excluding the outstanding Loans and the Letter of Credit Liabilities) shall not exceed fifteen thirty percent (1530%) of Parent Borrower’s Gross Asset Value.

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

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Recourse Indebtedness to Gross Asset Value. Recourse Indebtedness (excluding the outstanding amount of the Loan, the Revolver Loans and Letter of Credit Liabilities) shall not exceed fifteen percent (15%) of Gross Asset Value.

Appears in 1 contract

Samples: Term Loan Agreement (CoreSite Realty Corp)

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