Examples of Mortgageability Amount in a sentence
Permit the Consolidated Unsecured Indebtedness, as of the last day of any fiscal quarter of the Parent Guarantor, to be greater than the Mortgageability Amount as of such date.
In the Healthy Growth project the shared object for analysis consisted of 19 European cases of organic values based organic food chains described from an identical template.
In July 2022, Northview executed amendments to its credit facility agreement, changing the inputs used in the calculation of the Mortgageability Amount and amending the limit for the debt service coverage ratio, a financial covenant, to 1.40 from 1.60.
The counter affidavit of the Applicants joined issues with Respondent’s suit and the issues raised cannot be resolved by the court without witnesses being called to give oral testimony.
Subsequent to a Borrowing Base Termination Event, permit as of the last day of any fiscal quarter of the Consolidated Group, the ratio of (i) Unencumbered NOI, for the most recently ended four fiscal quarter period, to (ii) Mortgageability Amount to be less than 1.50 to 1.00 or, for a period of four consecutive fiscal quarters following a Material Acquisition, 1.45 to 1.00.