Maximum Secured Leverage Ratio definition
Maximum Secured Leverage Ratio means, as of any date, the ratio (expressed as a percentage) of (a) all Secured Debt of the Companies, on a consolidated basis as of such date, to (b) Total Asset Value as of such date.
Maximum Secured Leverage Ratio shall have the meaning specified in Section 6.04(a)(ii)(C).
Examples of Maximum Secured Leverage Ratio in a sentence
Permit the Maximum Secured Leverage Ratio to exceed 40% as of any date.