Unsecured Debt means Debt which is not secured by any of the properties of the Company or any Subsidiary.
Unsecured Debt means Indebtedness of any Person that is not Secured Indebtedness.
Unsecured Debt means Debt which is not secured by any mortgage, lien, pledge, encumbrance or security interest of any kind.
Examples of Unsecured Debt in a sentence
The Operating Partnership and its Subsidiaries, determined on a consolidated basis in accordance with GAAP, will at all times maintain an Unencumbered Total Asset Value in an amount not less than 150% of the aggregate principal amount of all outstanding Unsecured Debt of the Operating Partnership and its Subsidiaries, determined on a consolidated basis in accordance with GAAP.
More Definitions of Unsecured Debt
Unsecured Debt means Debt of the Company or any of its Subsidiaries which is not secured by a Lien on any property or assets of the Company or any of its Subsidiaries.
Unsecured Debt means any Debt of the Company or its Subsidiaries which is not Secured Debt.
Unsecured Debt means, as of any date, that portion of Total Outstanding Debt as of that date that is neither Secured Debt nor Contingent Liabilities of Boston Properties Limited Partnership and Subsidiaries.
Unsecured Debt as of any date means Debt which is not secured by any mortgage, lien, charge, pledge, encumbrance or security interest of any kind upon any of the properties of the Issuer or any Subsidiary.
Unsecured Debt means Debt of the Operating Partnership or any of its Subsidiaries that is not Secured Debt.
Unsecured Debt means (a) Indebtedness of the Obligors and their Subsidiaries on a consolidated basis outstanding at any time which is (a) not Secured Debt or (b) secured in any manner by any Lien on any partnership, membership or other equity interests unless also secured by a Lien on Property.