Common use of Borrowing Base Minimum Occupancy Clause in Contracts

Borrowing Base Minimum Occupancy. The Occupancy Rate at any time to be less than ninety percent (90%) (with compliance certified as of the last day of each fiscal quarter in a Compliance Certificate delivered pursuant to Section 9.3 and at each other date of determination).

Appears in 2 contracts

Sources: Credit Agreement (HC Government Realty Trust, Inc.), Credit Agreement (HC Government Realty Trust, Inc.)