Adjustments to Borrowing Base. Notwithstanding the Borrowing Base amount determined from time to time in accordance with Section 3.1 above, the Borrowing Base shall automatically be adjusted downward, in the reasonable discretion of Administrative Agent, to the extent necessary, to comply with all of the following limitations:
Appears in 3 contracts
Samples: Credit Agreement (Cole Credit Property Trust Iv, Inc.), Borrowing Base Revolving Line of Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust Iv, Inc.)
Adjustments to Borrowing Base. Notwithstanding the Borrowing Base amount determined by Lender from time to time in accordance with Section 3.1 above, the Borrowing Base shall automatically be adjusted downward, in the reasonable discretion of Administrative Agent, to the extent necessary, downward to comply with all of the following limitations:
Appears in 1 contract
Samples: Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust III, Inc.)
Adjustments to Borrowing Base. Notwithstanding the Borrowing Base amount determined by Administrative Agent from time to time in accordance with Section 3.1 aboveabove and Section 3.2(b) below, the Borrowing Base shall automatically be adjusted downward, at the times set forth in the reasonable discretion of Administrative Agent, to the extent necessary, Section 3.4(d) to comply with all of, or in the event of any of, the following limitationsfollowing:
Appears in 1 contract
Samples: Borrowing Base Revolving Line of Credit Agreement (Industrial Income Trust Inc.)
Adjustments to Borrowing Base. Notwithstanding the Borrowing Base amount determined by Administrative Agent from time to time in accordance with Section 3.1 above, the Borrowing Base shall automatically be adjusted downward, in the reasonable discretion of Administrative Agent, to the extent necessary, downward to comply with all of the following limitations:
Appears in 1 contract
Samples: Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust III, Inc.)
