Common use of Indebtedness to Gross Asset Value Clause in Contracts

Indebtedness to Gross Asset Value. Borrower shall not permit the ratio of Indebtedness of Borrower and EQR, on a consolidated basis, and Borrower's Share of Indebtedness of Investment Affiliates to Gross Asset Value of Borrower and EQR to exceed 0.55:1 at any time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Equity Residential Properties Trust)

Indebtedness to Gross Asset Value. Borrower shall not permit the ratio of Indebtedness of Borrower and EQR, on a consolidated basis, and Borrower's Share of Indebtedness of Investment Affiliates to Gross Asset Value of Borrower and EQR to exceed 0.55:1 0.50:1 at any time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Equity Residential Properties Trust)