Implied Debt Service. As at any date of determination, an amount equal to (a) the average amount of Consolidated Borrowing Base Indebtedness outstanding during the applicable period, multiplied by (b) the Mortgage Constant. Increase. See §2.8.
Appears in 3 contracts
Sources: Secured Term Loan Agreement (First Potomac Realty Trust), Secured Term Loan Agreement (First Potomac Realty Trust), Secured Term Loan Agreement (First Potomac Realty Trust)
Implied Debt Service. As at of any date of determination, an amount equal to (ai) the average amount of Unsecured Consolidated Borrowing Base Total Indebtedness outstanding during the applicable period, multiplied by (bii) the Mortgage Constant. Increase. See §2.8.
Appears in 1 contract
Sources: Revolving Credit Agreement (First Potomac Realty Trust)
Implied Debt Service. As at any date of determination, an amount equal to (a) the average amount of Consolidated Borrowing Base Indebtedness outstanding during the applicable period, multiplied by (b) the Mortgage Constant. Increase. See §2.8.
Appears in 1 contract
Sources: Secured Term Loan Agreement (First Potomac Realty Trust)
Implied Debt Service. As at of any date of determination, an amount equal to (ai) the average amount of Unsecured Consolidated Borrowing Base Total Indebtedness outstanding during the applicable period, multiplied by (bii) the Mortgage Constant. Increase. See §2.8.. Increase Conditions. The satisfaction of each of the following:
Appears in 1 contract
Sources: Revolving Credit Agreement (Hartman Commercial Properties Reit)