Common use of EPT Clause in Contracts

EPT. Properties has made or is making loans, advances and extensions of credit to the Debtors, or for their benefit, and may hereafter make further loans, advances and extensions of credit to the Debtors (all loans, advances, and extensions of credit, whether made now, in the past or in the future, are hereinafter the “Loans”). The Loans are secured by, among other things, mortgages and deeds of trust, as applicable, and by assignments of leases, rents and contracts on that real property commonly described in Exhibit A (the real properties commonly described in Exhibit A are hereinafter the “Properties”).

Appears in 3 contracts

Sources: Restructure Agreement (Peak Resorts Inc), Master Cross Default Agreement (Peak Resorts Inc), Master Cross Default Agreement (Peak Resorts Inc)