Common use of Total Liabilities to Total Asset Value Clause in Contracts

Total Liabilities to Total Asset Value. Borrower shall not permit the ratio of Total Liabilities to Total Asset Value of Borrower to exceed 0.60:1 at any time; provided, however, such ratio may exceed 0.60:1 for any two (2) consecutive quarters but in no event shall Borrower permit the ratio of Total Liabilities to Total Asset Value to exceed 0.65:1 at any time.

Appears in 4 contracts

Samples: Credit Agreement (Amb Property Lp), Credit Agreement (Amb Property Lp), Credit Agreement (Amb Property Corp)

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Total Liabilities to Total Asset Value. Borrower shall not permit the ratio of Total Liabilities to Total Asset Value of Borrower to exceed 0.60:1 0.55:1 at any time; provided, however, such ratio may exceed 0.60:1 0.55:1 for any two single quarter within any twelve (212) consecutive quarters month period but in no event shall Borrower permit the ratio of Total Liabilities to Total Asset Value to exceed 0.65:1 0.60:1 at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Amb Property Corp)

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