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Common use of Occupancy Rate Clause in Contracts

Occupancy Rate. Permit the Occupancy Rate to be less than eighty percent (80%) for all Unencumbered Properties in the aggregate; and

Appears in 3 contracts

Sources: Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.), Credit Agreement (Armada Hoffler Properties, Inc.)

Parent Clauses

  • Additional Conditions Precedent to Closing
  • DEFINITIONS
  • Keepwell
  • Unencumbered Property Covenants
  • Acquiror’s Conditions Precedent

Sub-Clauses

  • Tenant’s Insurance
  • Trade Fixtures
  • Destruction of Premises
  • Notification of Reletting
  • Contractors and Technicians
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