Unsecured Leverage Ratio. Permit the ratio of Unsecured Indebtedness to Unencumbered Asset Value as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed 60%.
Appears in 1 contract
Samples: Term Loan Agreement (MPT Operating Partnership, L.P.)
Unsecured Leverage Ratio. Permit the The ratio of Unsecured Indebtedness to Unencumbered Asset Value as [at the last day of any period of the four consecutive fiscal quarters of the Borrower prior to the execution of this certificate] [or] [on the date of incurrence of Indebtedness by the Borrower or its Subsidiaries] does not exceed 60%.
Appears in 1 contract
Samples: Revolving Credit Agreement (Medical Properties Trust Inc)
Unsecured Leverage Ratio. Permit the ratio of Unsecured Indebtedness to Unencumbered Asset Value as at the last day of any period of four consecutive fiscal quarters of the Borrower or on the date of any incurrence of Indebtedness by the Borrower or its Subsidiaries to exceed 60%.
Appears in 1 contract
Samples: Revolving Credit Agreement (Medical Properties Trust Inc)
Unsecured Leverage Ratio. Permit the The ratio of Unsecured Indebtedness to Unencumbered Asset Value as at the last day of any period of the four consecutive fiscal quarters of the Borrower prior to the execution of this certificate does not exceed 60%.
Appears in 1 contract
Samples: Term Loan Agreement (MPT Operating Partnership, L.P.)
