Secured Debt. The aggregate amount of all Debt of the REIT and the Consolidated Entities secured by Real Property shall not, at any time, exceed thirty-five percent (35%) of Gross Asset Value.
Appears in 3 contracts
Sources: Term Loan Agreement (Arden Realty Limited Partnership), Revolving Credit Agreement (Arden Realty Limited Partnership), Term Loan Agreement (Arden Realty Limited Partnership)
Secured Debt. The aggregate amount of all Debt of the REIT and the Consolidated Entities secured by Real Property shall not, at any time, exceed thirty-five percent (35%) % of Gross Asset Value.
Appears in 3 contracts
Sources: Revolving Credit Agreement (Arden Realty Inc), Senior Unsecured Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Inc)
Secured Debt. The aggregate amount of all Debt of the REIT Borrower and the Consolidated Entities secured by Real Property shall not, at any time, exceed thirty-five percent (35%) % of Gross Asset Value.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Price Enterprises Inc), Revolving Credit Agreement (Price Enterprises Inc)
Secured Debt. The aggregate amount of all Debt of the REIT and the Consolidated Entities secured by Real Property shall not, at any time, exceed thirty-five percent (35%) % of Gross Asset Value.
Appears in 1 contract