Unsecured Debt. Indebtedness of REIT, the Borrower and their respective Subsidiaries outstanding at any time which is not Secured Indebtedness.
Unsecured Debt. The Debt incurred under the Existing Multi-Tranche Term Loan Facility, the Existing 2016 Term Loan Facility and any Swap Contracts with any Lender or any Affiliate of a Lender are deemed to be Permitted Debt;
Unsecured Debt. With respect to any Person as of any date of determination, Indebtedness of such Person which is not Secured Debt, and in the case of the Borrower, shall include (without duplication), the Borrower’s Equity Percentage of the Unsecured Debt of its Unconsolidated Affiliates.
Unsecured Debt. 13 U.S. Depository...................................................13
Unsecured Debt. As at the end of any fiscal quarter or other date of measurement, the Obligors shall not permit Consolidated Unsecured Debt to exceed 60% of aggregate Capitalized Unencumbered Property Value for all Unencumbered Properties. For purposes of this calculation, to the extent that the aggregate Capitalized Unencumbered Property Value attributable to Unencumbered Properties subject to a Ground Lease exceeds 10% of the Capitalized Unencumbered Property Value for all Unencumbered Properties, such excess shall be excluded.
Unsecured Debt. Indebtedness of REIT, the Borrower and their respective Subsidiaries outstanding at any time which is not Secured Debt. Unused Fee (Revolving Credit). See §2.3(a). Unused Fee (Term Loan A). See §2.3(b). Unused Fee Percentage (Revolving Credit). With respect to any day during a calendar quarter, (i) 0.15% per annum, if the sum of the Revolving Credit Loans (other than Revolving Credit Loans made by a Defaulting Lender), Letter of Credit Liabilities and Swing Loans outstanding on such day is 50% or more of the Total Revolving Credit Commitment (other than Revolving Credit Commitments made by a Defaulting Lender), or (ii) 0.25% per annum if the sum of the Revolving Credit Loans (other than Revolving Credit Loans made by a Defaulting Lender), Letter of Credit Liabilities and Swing Loans outstanding on such day is less than 50% of the Total Revolving Credit Commitment (other than Revolving Credit Commitments made by a Defaulting Lender).
Unsecured Debt. At all times not less than Three Hundred Million and No/100 Dollars ($300,000,000.00) of Unsecured Debt must be available or committed to Borrower on a revolving credit basis.
Unsecured Debt. [List and describe any and all debt (e.g., credit cards or personal loans). Indicate the person who will be responsible for the debt and the person who will be held harmless from liability for the debt. Assign joint accounts to one party or arrange to have them closed.]
Unsecured Debt. For clarity, the calculation of the Unencumbered Asset Coverage Ratio (and any defined term used in this definition) with respect to the Company shall be made in accordance with any exemptive order issued by, or exemptive relief granted by, the SEC with respect to the indebtedness of any SBIC Subsidiary. For the avoidance of doubt, for purposes of this definition and any defined term used in this definition, (x) in no event shall liabilities or indebtedness include any unfunded commitment and (b) the outstanding utilized notional amount of any total return swap, in each case less the value of the margin posted by the Company or any of its consolidated subsidiaries thereunder at such time shall be treated as a Senior Security of the Company for the purposes of calculating the Unencumbered Asset Coverage Ratio.
