Common use of Permitted Encumbrance Amount Clause in Contracts

Permitted Encumbrance Amount. The "Permitted Encumbrance Amount", is defined as the greater of: (i) ninety percent (90%) of the Maximum Restricted Resale Price, or

Appears in 2 contracts

Sources: Occupancy, Resale, and Refinancing Restriction Agreement, Occupancy, Resale, and Refinancing Restriction Agreement

Permitted Encumbrance Amount. The "Permitted Encumbrance Amount", is defined as the greater lesser of: (i) ninety percent (90%) of the Maximum Restricted Resale Price, or

Appears in 1 contract

Sources: Occupancy, Resale, Refinancing Restriction and Equity Share Agreement