Common use of Minimum Property Requirement Clause in Contracts

Minimum Property Requirement. Permit there to be fewer than fifteen (15) Unencumbered Pool Properties having an Aggregate Unencumbered Pool Property Value Amount greater than or equal to $275,000,000.00 in the Borrowing Base, tested as of the end of any Fiscal Quarter of the Borrower.

Appears in 2 contracts

Sources: Credit Agreement (Physicians Realty Trust), Credit Agreement (Physicians Realty Trust)

Minimum Property Requirement. Permit there There to be fewer less than fifteen (15) 30 Unencumbered Pool Properties having with an Aggregate aggregate Unencumbered Pool Property Value Amount greater than or equal to of at least $275,000,000.00 in the Borrowing Base, tested as of the end of 150,000,000 at any Fiscal Quarter of the Borrowertime.

Appears in 1 contract

Sources: Credit Agreement (Community Healthcare Trust Inc)