Unencumbered Indebtedness Yield. The Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 12.0%.
Appears in 3 contracts
Samples: Credit Agreement (Griffin-American Healthcare REIT III, Inc.), Credit Agreement (Griffin-American Healthcare REIT IV, Inc.), Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Unencumbered Indebtedness Yield. The Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 11.0% until such time as the Borrower has acquired (and for so long as it maintains) a Consolidated Unencumbered Total Asset Value of at least $150,000,000, in which case the Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 12.0%.
Appears in 2 contracts
Samples: Credit Agreement (Griffin-American Healthcare REIT IV, Inc.), Credit Agreement (Griffin-American Healthcare REIT IV, Inc.)
Unencumbered Indebtedness Yield. The Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 11.0% until such time as the Borrower has acquired (and for so long as it maintains) an Unencumbered Asset Value of at least $150,000,000, in which case the Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 12.0%.
Appears in 1 contract
Samples: Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Unencumbered Indebtedness Yield. The Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 12.0%.. (f)
Appears in 1 contract
Samples: Credit Agreement (Griffin-American Healthcare REIT III, Inc.)
Unencumbered Indebtedness Yield. The Credit Parties shall cause the Unencumbered Indebtedness Yield at all times to be equal to or greater than 12.011.0%.
Appears in 1 contract
