Maximum Secured Debt. As of any date, the ratio of (a) Secured Debt of the Companies, on a Consolidated Basis, to (b) Total Assets to exceed 0.45 to 1.0.
Appears in 4 contracts
Sources: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)
Maximum Secured Debt. As of any date, the ratio of (a) Secured Debt of the Companies, on a Consolidated Basisconsolidated basis, to (b) Total Assets to exceed 0.45 0.475 to 1.0.
Appears in 4 contracts
Sources: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)