Common use of Minimum Amount and Value of Eligible Investment Properties Clause in Contracts

Minimum Amount and Value of Eligible Investment Properties. Cause (i) the total number of Investment Properties included in the calculation of the Borrowing Base Amount to be not less than 800 and (ii) the aggregate Investment Property Values of all Investment Properties included in the calculation of the Borrowing Base Amount to be not less than $100,000,000.

Appears in 1 contract

Samples: Credit Agreement (American Residential Properties, Inc.)

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Minimum Amount and Value of Eligible Investment Properties. Cause (ia) the total number of Investment Properties included in the calculation of the Borrowing Base Amount to be not less than 800 1,500 and (iib) the aggregate Investment Property Values of all Investment Properties included in the calculation of the Borrowing Base Amount to be not less than $100,000,000150,000,000.

Appears in 1 contract

Samples: Credit Agreement (American Residential Properties, Inc.)

Minimum Amount and Value of Eligible Investment Properties. Cause Upon and at all times following the initial Credit Extension under this Agreement, the Borrower shall cause (i) the total number of Investment Properties included in the calculation of the Borrowing Base Amount to be not less than 800 and (ii) the aggregate Investment Property Values of all Investment Properties included in the calculation of the Borrowing Base Amount to be not less than $100,000,000.

Appears in 1 contract

Samples: Credit Agreement (American Residential Properties, Inc.)

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Minimum Amount and Value of Eligible Investment Properties. Cause (i) the total number of Investment Properties included in the calculation of the Borrowing Base Amount 99 to be not less than 800 and (ii) the aggregate Investment Property Values of all Investment Properties included in the calculation of the Borrowing Base Amount to be not less than $100,000,000.

Appears in 1 contract

Samples: Credit Agreement (American Residential Properties, Inc.)

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