Gross Asset Value Ratio definition

Gross Asset Value Ratio means, as of any measurement date, the ratio of Consolidated Indebtedness to Gross Asset Value as of such date.
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Examples of Gross Asset Value Ratio in a sentence

  • Permit, as of the end of each fiscal quarter, the Consolidated Indebtedness to Gross Asset Value Ratio to exceed seventy five percent (75%).

  • The ratio of Total Liabilities of Borrower and its Subsidiaries (determined without duplication) to Gross Asset Value (the "Total Liabilities to Gross Asset Value Ratio") shall not exceed 0.55:1 other than during a "Permitted Excess Period", as defined herein.

  • Borrower shall not suffer or permit the Debt to Gross Asset Value Ratio to exceed seventy percent (70%).

  • The Total Liabilities to Gross Asset Value Ratio shall be satisfied at all times, but shall be reported (i) unless the Total Liabilities to Gross Asset Value Ratio, as of the last day of any calendar month, exceeds 0.55:1, on a quarterly basis, and (ii) if at any time the Total Liabilities to Gross Asset Value Ratio exceeds 0.55:1, on a monthly basis thereafter until monthly reporting is no longer required under Section 6.1.

  • Under no circumstances shall the Total Liabilities to Gross Asset Value Ratio at any time exceed 0.60:1.