Common use of Minimum Lease Term Clause in Contracts

Minimum Lease Term. At all times the PoolUnencumbered Properties included in the calculation ofUnencumbered Pool Availability must maintain on a collective basis a minimum weighted average remaining initial lease term of Medical Property Leases with Major Tenants of not less than six (6) years remaining (for each multi-tenant PoolUnencumbered Property included in the calculation ofUnencumbered Pool Availability, a weighted average lease term taking into account all Leases with Major Tenants within such PoolUnencumbered Property shall be used for the calculation required by this Section 6.76.8(b)).

Appears in 3 contracts

Samples: Term Loan Agreement (Sila Realty Trust, Inc.), Term Loan Agreement (Sila Realty Trust, Inc.), Revolving Credit Agreement (Sila Realty Trust, Inc.)

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Minimum Lease Term. At all times the PoolUnencumbered Pool Properties included in the calculation ofUnencumbered of Pool Availability must maintain on a collective basis a minimum weighted average remaining initial lease term of Medical Property Leases with Major Tenants of not less than six (6) years remaining (for each multi-tenant PoolUnencumbered Pool Property included in the calculation ofUnencumbered of Pool Availability, a weighted average lease term taking into account all Leases with Major Tenants within such PoolUnencumbered Pool Property shall be used for the calculation required by this Section 6.76.8(b6.7(b)).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Sila Realty Trust, Inc.), Term Loan Agreement (Sila Realty Trust, Inc.)

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