Common use of Lease Property Clause in Contracts

Lease Property. (a) As of the Closing Date, Schedule 4.21(a) is a correct and complete list of each Lease Property of the Borrower and its Subsidiaries. (b) As of the Closing Date, Schedule 4.21(b) is a correct and complete list of each Unencumbered Lease Property with respect to any Loan Party. (c) Each of the properties included by the Borrower in the calculation of Aggregate Total Fixed Asset Value satisfies all of the requirements contained in the definition of Lease Property. Each of the properties included by the Borrower in the calculation of Aggregate Unencumbered Fixed Asset Value satisfies all of the requirements contained in the definition of Unencumbered Lease Property.