Common use of Initial Borrowing Base Properties Clause in Contracts

Initial Borrowing Base Properties. As of the date hereof, the Lenders have approved for inclusion in calculations of the Borrowing Base, the Properties identified on Schedule 4.1., as well as the Borrowing Base Value initially attributable to each such Property.

Appears in 2 contracts

Samples: Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)

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Initial Borrowing Base Properties. As of the date hereofAgreement Date, the Lenders have approved for inclusion in calculations of the Borrowing Base, Base the Properties identified on Schedule 4.1. Upon satisfaction of the conditions set forth in Section 4.2., as well as the such Properties shall become Borrowing Base Value initially attributable to each such PropertyProperties.

Appears in 2 contracts

Samples: Credit Agreement (Pacific Office Properties Trust, Inc.), Assignment and Acceptance Agreement (U-Store-It Trust)

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Initial Borrowing Base Properties. As of the date hereofAgreement Date, the Lenders have approved for inclusion in calculations of the Borrowing Base, Base the Properties identified indentified on Schedule 4.1., as well as the Borrowing Base Value initially attributable to each such Property.

Appears in 1 contract

Samples: Credit Agreement (Excel Trust, Inc.)

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