Initial Unencumbered Asset Pool Properties Sample Clauses
The "Initial Unencumbered Asset Pool Properties" clause defines the specific assets that are included in a designated pool and are free from any liens, claims, or encumbrances at the outset of an agreement. Typically, this clause lists or references the properties that will serve as collateral or be subject to certain obligations, ensuring that these assets are not already pledged elsewhere. By clearly identifying which assets are unencumbered at the start, the clause provides assurance to parties—such as lenders or investors—that the asset pool is available and uncontested, thereby reducing the risk of disputes or competing claims over the assets.
Initial Unencumbered Asset Pool Properties. The Eligible Real Estate so identified in Schedule 1.6.
Initial Unencumbered Asset Pool Properties. The Eligible Real Estate so identified in Schedule 1.6. Interest Expense. For any period with respect to Parent Company and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under an interest reserve pursuant to a specific debt obligation, together with the interest portion of payments on Capitalized Leases, plus (b) Parent Company’s and its Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.