Common use of Assets Retained Clause in Contracts

Assets Retained. The Borrower will not permit the portion --------------- of Undepreciated Real Estate Assets which is subject to no Lien (other than a Permitted Lien) to be less than 150% of the aggregate principal amount outstanding at any time of Debt which is not secured by a Lien on Property of the Borrower or any Subsidiary.

Appears in 1 contract

Sources: Credit Agreement (Weingarten Realty Investors /Tx/)

Assets Retained. The Borrower will not permit the --------------- portion --------------- of Undepreciated Real Estate Assets which is subject to no Lien (other than a Permitted Lien) to be less than 150% of the aggregate principal amount outstanding at any time of Debt which is not secured by a Lien on Property of the Borrower or any Subsidiary.

Appears in 1 contract

Sources: Credit Agreement (Weingarten Realty Investors /Tx/)