Common use of Unhedged Variable Rate Debt Clause in Contracts

Unhedged Variable Rate Debt. Parent Company shall not at any time permit the Unhedged Variable Rate Debt of Parent Company and its Subsidiaries to exceed thirty-five percent (35%) of Gross Asset Value.

Appears in 1 contract

Sources: Credit Agreement (QTS Realty Trust, Inc.)

Unhedged Variable Rate Debt. Parent Company shall not at any time permit the Unhedged Variable Rate Debt of Parent Company and its Subsidiaries to exceed thirty-five thirty percent (3530%) of Gross Asset Value.

Appears in 1 contract

Sources: Credit Agreement (QTS Realty Trust, Inc.)

Unhedged Variable Rate Debt. Parent Company shall not at any time permit the Unhedged Variable Rate Debt of Parent Company and its Subsidiaries to exceed thirtytwenty-five percent (3525%) of Gross Asset Value.

Appears in 1 contract

Sources: Credit Agreement (QTS Realty Trust, Inc.)