Common use of Secured Leverage Ratio Clause in Contracts

Secured Leverage Ratio. The ratio of the aggregate amount of all Secured Indebtedness to Total Asset Value to exceed 45%.

Appears in 9 contracts

Sources: Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Revolving Credit and Term Loan Agreement (Xenia Hotels & Resorts, Inc.), Term Loan Agreement (Xenia Hotels & Resorts, Inc.)

Secured Leverage Ratio. The ratio of the aggregate amount of all Secured Indebtedness to Total Asset Value to exceed 4540%.

Appears in 6 contracts

Sources: Term Loan Agreement (GPT Operating Partnership LP), Revolving Credit and Term Loan Agreement (Gramercy Property Trust), Term Loan Agreement (Gramercy Property Trust)

Secured Leverage Ratio. The ratio of the aggregate amount of all Secured Indebtedness to Total Asset Value to exceed 45%40% at any time.

Appears in 1 contract

Sources: Note Purchase and Guarantee Agreement (Gramercy Property Trust)