Common use of Potential Collateral Clause in Contracts

Potential Collateral. Any property of the Borrower which is not at the time included in the Collateral and which consists of (i) Eligible Real Estate which is a Stabilized Property, (ii) Real Estate which is a Non- Stabilized Property which is capable of becoming Eligible Real Estate through the approval of the Majority Banks and the completion and delivery of Eligible Real Estate Qualification Documents, (iii) cash, (iv) Short-term Investments and (v) other property referred to in clause (vi) of Section 5.

Potential Collateral. Any property of the Borrower which is not at the time included in the Collateral and which consists of (i) Eligible Real Estate which is a Stabilized Property, (ii) Real Estate which is a Non- Stabilized Property which is capable of becoming Eligible Real Estate through the approval of all of the Majority Banks and the completion and delivery of Eligible Real Estate Qualification Documents, (iii) cash, (iv) Short-term Investments and (v) other property referred to in clause (viv) of Section 5.