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Common use of Unencumbered Assets Coverage Ratio Clause in Contracts

Unencumbered Assets Coverage Ratio. Permit the Unencumbered Assets Coverage Ratio to be less than 2.0:1.0 at any time.

Appears in 13 contracts

Sources: Secured Term Loan Agreement (New Plan Excel Realty Trust Inc), Term Loan Agreement (New Plan Excel Realty Trust Inc), Term Loan Agreement (New Plan Excel Realty Trust Inc)

Related Clauses

  • Asset Coverage Ratio
  • Cash Flow Coverage Ratio
  • Minimum Consolidated Fixed Charge Coverage Ratio
  • Minimum Consolidated Net Worth
  • Maximum Consolidated Leverage Ratio

Parent Clauses

  • NEGATIVE COVENANTS
  • More Restrictive Agreements
  • Definitions and Accounting Terms
  • Anti-Terrorism Laws
  • Other Documents

Sub-Clauses

  • Events of Default
  • Non-Payment
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