Secured Leverage Ratio. Permit the ratio of Secured Indebtedness to Total Asset Value as at the last day of any period of four consecutive fiscal quarters of the Company to exceed 30%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 30% as of the end of more than four (4) consecutive fiscal quarters after such Major Acquisition and (ii) such ratio does not exceed 35% as of any such date of determination.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Healthcare Trust of America Holdings, LP), Revolving Credit and Term Loan Agreement (Healthcare Trust of America Holdings, LP)
Secured Leverage Ratio. Permit the ratio of Secured Indebtedness to Total Asset Value as at the last day of any period of four consecutive fiscal quarters of the Company to exceed thirty percent (30%); provided that such ratio may exceed thirty percent (30% %) following a Major Acquisition so long as (i) such ratio does not exceed thirty percent (30% %) as of the end of more than four (4) consecutive fiscal quarters after such Major Acquisition and (ii) such ratio does not exceed thirty-five percent (35% %) as of any such date of determination.
Appears in 2 contracts
Sources: Credit Agreement (Healthcare Trust of America Holdings, LP), Credit Agreement (Healthcare Trust of America Holdings, LP)
Secured Leverage Ratio. Permit the ratio of Secured Indebtedness to Total Asset Value as at the last day of any period of four consecutive fiscal quarters of the Company to exceed 30%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 3040% as from the Closing Date through the eighteen (18) month anniversary of the end of more than four (4) consecutive fiscal quarters after such Major Acquisition Closing Date and (ii) such ratio does not exceed 35% as of any such date of determinationthereafter.
Appears in 1 contract
Sources: Credit Agreement (Healthcare Trust of America, Inc.)
Secured Leverage Ratio. Permit the ratio of Secured Indebtedness to Total Asset Value as at the last day of any period of four consecutive fiscal quarters of the Company to exceed 3040%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 30% as of the end of more than four (4) consecutive fiscal quarters after such Major Acquisition and (ii) such ratio does not exceed 35% as of any such date of determination.”
Appears in 1 contract
Sources: Credit Agreement (Healthcare Trust of America, Inc.)
Secured Leverage Ratio. Permit the ratio of Secured Indebtedness to Total Asset Value as at the last day of any period of four consecutive fiscal quarters of the Company to exceed 30%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 30% as of forty percent (40%) from the end of more than four (4) consecutive Agreement Date through the fiscal quarters after such Major Acquisition quarter ended December 31, 2013 and (ii) such ratio does not exceed 35% as of any such date of determinationthirty percent (30%) for the fiscal quarters ended March 31, 2014 and thereafter.
Appears in 1 contract
Sources: Credit Agreement (Healthcare Trust of America, Inc.)
Secured Leverage Ratio. Permit As at the end of any fiscal quarter, the ratio of Total Secured Indebtedness to Total Asset Value (the “Secured Leverage Ratio”) to Lineage Logistics Note Purchase Agreement exceed 40%; provided, that the Company may elect that such ratio be permitted to exceed 40% as at of the last day of any period of four consecutive fiscal quarters of the Company to exceed 30%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 30% as of the end of more than four (4) consecutive fiscal quarters after such Major Acquisition and (ii) such ratio does not immediately following a Material Acquisition, but in no event shall the Secured Leverage Ratio exceed 3545% as of the last day of any such date of determinationfiscal quarter.
Appears in 1 contract
Secured Leverage Ratio. Permit the ratio of Secured Indebtedness to Total Asset Value as at the last day of any period of four consecutive fiscal quarters of the Company to exceed 30%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 3040% as of from the end of more than four (4) consecutive Closing Date through the fiscal quarters after such Major Acquisition quarter ended December 31, 2013 and (ii) such ratio does not exceed 3530% as of any such date of determinationfor the fiscal quarters ended March 31, 2014 and thereafter.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Healthcare Trust of America, Inc.)
Secured Leverage Ratio. Permit As at the end of any fiscal quarter, the ratio of Total Secured Indebtedness to Total Asset Value (the “Secured Leverage Ratio”) to exceed 40%; provided, that the Company may elect that such ratio be permitted to exceed 40% as at of the last day of any period of four consecutive fiscal quarters of the Company to exceed 30%; provided that such ratio may exceed 30% following a Major Acquisition so long as (i) such ratio does not exceed 30% as of the end of more than four (4) consecutive fiscal quarters after such Major Acquisition and (ii) such ratio does not immediately following a Material Acquisition, but in no event shall the Secured Leverage Ratio exceed 3545% as of the last day of any such date of determination.fiscal quarter. Lineage Logistics, LLC Note Purchase Agreement
Appears in 1 contract