Leverage Ratios. (i) The Credit Parties will not permit at any time the Senior Leverage Ratio to be greater than 0.60 to 1:00. (ii) The Credit Parties will not permit at any time the Total Leverage Ratio to be greater than 0.65 to 1:00.
Appears in 2 contracts
Sources: Modification Agreement (Preferred Apartment Communities Inc), Credit Agreement (Preferred Apartment Communities Inc)
Leverage Ratios. (i) The Credit Parties will not permit at any time the Senior Leverage Ratio to be greater than 0.60 0.65 to 1:00.
(ii) The Credit Parties will not permit at any time the Total Leverage Ratio to be greater than 0.65 0.70 to 1:00.
Appears in 1 contract
Sources: Credit Agreement (Preferred Apartment Communities Inc)