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Common use of Maximum Leverage Clause in Contracts

Maximum Leverage. Maintain at all times the Leverage Ratio at a level less than or equal to 60%.

Appears in 5 contracts

Sources: Credit Agreement (CNL Healthcare Properties, Inc.), Term Loan Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)

Related Clauses

  • Maximum Leverage Ratio
  • Maximum Total Leverage Ratio
  • Maximum Secured Leverage Ratio
  • Total Net Leverage Ratio
  • Cash Flow Leverage Ratio

Parent Clauses

  • Financial Covenants
  • NEGATIVE COVENANTS
  • Covenants
  • Definitions
  • Absence of Defaults

Sub-Clauses

  • Maximum Secured Debt
  • Defined Terms
  • Counterparts
  • Acceptance by Assignee Lender
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