Common use of Maximum Secured Leverage Ratio Clause in Contracts

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed 40% of Total Asset Value.

Appears in 10 contracts

Sources: Revolving Credit Agreement (Brixmor Operating Partnership LP), Term Loan Agreement (Brixmor Operating Partnership LP), Term Loan Agreement (Brixmor Operating Partnership LP)

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed forty percent (40% %) of Total Asset ValueValue at any time.

Appears in 8 contracts

Sources: Term Loan Agreement (Agree Realty Corp), Revolving Credit Agreement (Agree Realty Corp), Term Loan Agreement (Agree Realty Corp)

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed 40% of Total Asset ValueValue at any time.

Appears in 2 contracts

Sources: Term Loan Agreement (Agree Realty Corp), Revolving Credit and Term Loan Agreement (Agree Realty Corp)

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed 40% be more than forty-five percent (45%) of Total Asset Value.;

Appears in 2 contracts

Sources: Note Purchase Agreement (Retail Properties of America, Inc.), Note Purchase Agreement (Retail Properties of America, Inc.)

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed forty percent (40% %) of Total Asset Value.Value at any time. ​

Appears in 1 contract

Sources: Revolving Credit Agreement (Agree Realty Corp)

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed 40% of Total Asset ValueValue as of such date.

Appears in 1 contract

Sources: Credit Agreement (Fortress Net Lease REIT)

Maximum Secured Leverage Ratio. Total Secured Indebtedness minus Balance Sheet Cash to exceed 4055% of Total Asset Value.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Brixmor Property Group Inc.)