Unsecured Debt means Debt which is not secured by any of the properties of the Company or any Subsidiary.
Unsecured Debt means Debt which is not secured by any mortgage, lien, pledge, encumbrance or security interest of any kind.
Unsecured Debt means Indebtedness of any Person that is not Secured Indebtedness.
Examples of Unsecured Debt in a sentence
The Parent shall not permit the ratio (expressed as a percentage) of (i) Unencumbered Net Operating Income for any period of 12 consecutive calendar months ending during the term of this Agreement to (ii) Unsecured Debt to be less than 9.75% at any time.
More Definitions of Unsecured Debt
Unsecured Debt means Debt of the Company or any of its Subsidiaries which is not secured by a Lien on any property or assets of the Company or any of its Subsidiaries.
Unsecured Debt means any Debt of the Company or its Subsidiaries which is not Secured Debt.
Unsecured Debt as of any date means Debt which is not secured by any mortgage, lien, charge, pledge, encumbrance or security interest of any kind upon any of the properties of the Issuer or any Subsidiary.
Unsecured Debt means, as of any date, that portion of Total Outstanding Debt as of that date that is neither Secured Debt nor Contingent Liabilities of Boston Properties Limited Partnership and Subsidiaries.
Unsecured Debt means Debt of the Operating Partnership or any of its Subsidiaries that is not Secured Debt.
Unsecured Debt means (a) Indebtedness of the Obligors and their Subsidiaries on a consolidated basis outstanding at any time which is (a) not Secured Debt or (b) secured in any manner by any Lien on any partnership, membership or other equity interests unless also secured by a Lien on Property.