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Common use of Maximum Secured Leverage Ratio Clause in Contracts

Maximum Secured Leverage Ratio. The Company will not permit the Secured Leverage Ratio as of the last day of each fiscal quarter of the Company to exceed 30%.

Appears in 6 contracts

Sources: Credit Agreement (Universal Health Realty Income Trust), Credit Agreement (Universal Health Realty Income Trust), Credit Agreement (Universal Health Realty Income Trust)

Related Clauses

  • Secured Leverage Ratio
  • Maximum Leverage Ratio
  • Maximum Total Leverage Ratio
  • Senior Secured Leverage Ratio
  • Total Leverage Ratio

Parent Clauses

  • Financial Covenants
  • NEGATIVE COVENANTS
  • Headings
  • Unencumbered Properties
  • Parent Guarantor Financial Covenants

Sub-Clauses

  • Events of Default
  • Non-Payment
  • Representations and Warranties
  • Other Defaults
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