Leverage Based Pricing Schedule definition
Leverage Based Pricing Schedule is defined in Exhibit G.
Leverage Based Pricing Schedule is defined in Exhibit G. “Leverage Ratio” means the percentage obtained by dividing Consolidated Outstanding Indebtedness by Total Asset Value. “Lien” means any lien (statutory or other), mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance or preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including, without limitation, the interest of a vendor or lessor under any conditional sale, Capitalized Lease or other title retention agreement). “Loan” means, with respect to a Lender, such ▇▇▇▇▇▇’s portion of any Advance. “Loan Documents” means the Agreement, the Notes, the Subsidiary Guaranty and any other document from time to time evidencing or securing indebtedness incurred by the Borrower under this Agreement, as any of the foregoing may be amended or modified from time to time. “Loan Parties” means the Borrower and the Subsidiary Guarantors (if any). “Management Fees” means, with respect to each Project for any period, an amount equal to the greater of (a) actual management fees payable with respect thereto or (b) three percent (3%) (or in the case of triple net leased Projects, two percent (2.0%)) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project. “Marketable Securities” means investments in Capital Stock or debt securities issued by any Person (other than an Investment Affiliate) which are publicly traded on a national exchange, excluding Cash Equivalents. The value of any such assets, for purposes hereof and as of any date, shall be the market value of such Marketable Securities. “Material Acquisition” means any transaction, or series of related transactions consummated in the same fiscal quarter, for the purpose of or resulting, directly or indirectly, in the acquisition (including, without limitation, a merger or consolidation or any other combination
Leverage Based Pricing Schedule is defined in Exhibit G. “Leverage Ratio” means the percentage obtained by dividing Consolidated Outstanding Indebtedness by Total Asset Value. “Lien” means any lien (statutory or other), mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance or preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including, without limitation, the interest of a vendor or lessor under any conditional sale, Capitalized Lease or other title retention agreement). “Loan” means, with respect to a Lender, such ▇▇▇▇▇▇’s portion of any Advance. “Loan Documents” means the Agreement, the Notes, the Subsidiary Guaranty and any other document from time to time evidencing or securing indebtedness incurred by the Borrower under this Agreement, as any of the foregoing may be amended or modified from time to time. “Loan Parties” means the Borrower and the Subsidiary Guarantors (if any).
Examples of Leverage Based Pricing Schedule in a sentence
Exhibit G is hereby revised to (i) replace each reference to “LIBOR Applicable Margin” with “SOFR Applicable Margin” and (ii) in the paragraphs introducing each of the Leverage Based Pricing Schedule and Ratings Based Pricing Schedule, replace each reference to the phrase “Floating Rate or added to LIBOR Base Rate to determine the LIBOR Rate” with “Floating Rate or added to Adjusted Term SOFR to determine the Term SOFR Rate”.