Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value to exceed 0.60 to 1.00 as of the last day of each fiscal quarter.
Appears in 2 contracts
Sources: Term Loan Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value of the Borrower and its Subsidiaries determined on a consolidated basis, to exceed 0.60 to 1.00 as of the last day of each fiscal quarterat any time.
Appears in 2 contracts
Sources: Credit Agreement (Equity One Inc), Credit Agreement (Equity One, Inc.)
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value to exceed 0.60 0.45 to 1.00 as of the last day of each fiscal quarterat any time.
Appears in 1 contract
Sources: Revolving Credit Agreement (Ps Business Parks Inc/Ca)
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (ia) Total Liabilities of the Borrower and its Subsidiaries determined Subsidiaries, on a consolidated basis, to (b) Gross Asset Value of Borrower and its Subsidiaries, on a consolidated basis to exceed (iix) Gross Asset Value to exceed 0.60 0.70 to 1.00 as of at anytime prior to the last day of each fiscal quarterTrigger Date and 0.65 to 1.00 at anytime after the Trigger Date.
Appears in 1 contract
Sources: Revolving Credit Agreement (Amreit)
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value Value, to exceed 0.60 0.650 to 1.00 as of the last day of each fiscal quarterat any time.
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Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower Guarantor and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value to exceed 0.60 to 1.00 as of the last day of each fiscal quarterat any time.
Appears in 1 contract
Sources: Revolving Credit Agreement (Ps Business Parks Inc/Ca)
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value of the Borrower and its Subsidiaries determined on a consolidated basis to exceed 0.60 .55 to 1.00 as of the last day of each fiscal quarterat any time.
Appears in 1 contract
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value to exceed 0.60 0.75 to 1.00 as of the last day of each fiscal quarterat any time.
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Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (ia) Total Liabilities of the Borrower and its Subsidiaries determined Subsidiaries, on a consolidated basis, to (b) Gross Asset Value of Borrower and its Subsidiaries, on a consolidated basis to (ii) Gross Asset Value to exceed 0.60 0.64 to 1.00 as of at anytime during the last day of each fiscal quarterterm hereof.
Appears in 1 contract
Sources: Revolving Credit Agreement (Amreit)
Ratio of Total Liabilities to Gross Asset Value. The Borrower shall not permit the ratio of (i) Total Liabilities of the Borrower and its Subsidiaries determined on a consolidated basis to (ii) Gross Asset Value of the Borrower and its Subsidiaries determined on a consolidated basis to exceed 0.60 to 1.00 as of the last day of each fiscal quarterat any time.
Appears in 1 contract