Secured Debt. The Loan Parties shall cause the aggregate principal amount of all Secured Debt as of the last day of each Fiscal Quarter to be less than or equal to thirty percent (30%) of the Consolidated Total Asset Value.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (CareTrust REIT, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.)
Secured Debt. The Loan Parties shall cause the aggregate principal amount of all Secured Debt as of the last day of each Fiscal Quarter to be less than or equal to thirty percent (3030.0%) of the Consolidated Total Asset Value.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (CareTrust REIT, Inc.), Credit and Guaranty Agreement (CareTrust REIT, Inc.)
Secured Debt. The Loan Parties shall cause the aggregate principal amount of all Secured Debt (other than Indebtedness pursuant to the Loan Documents) as of the last day of each Fiscal Quarter (commencing with the Fiscal Quarter ending on September 30, 2014) to be less than or equal to thirty twenty-five percent (3025.0%) of the Consolidated Total Asset Value.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (CareTrust REIT, Inc.)
