Common use of Unencumbered Pool Clause in Contracts

Unencumbered Pool. AMB LP shall not permit the ratio of the outstanding Unsecured Debt to Unencumbered Asset Value of AMB LP to exceed 0.55:1 at any time.

Appears in 2 contracts

Sources: Credit Facility Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Lp)

Unencumbered Pool. AMB LP shall not permit the ratio of the outstanding Unsecured Debt to Unencumbered Asset Value of AMB LP to exceed 0.55:1 at any time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Amb Property Corp)