Common use of Property-Related Clause in Contracts

Property-Related. Each item required in Section B.(i) above, plus, with respect to each Initial Borrowing Base Property, Administrative Agent must review and approve the following for each such Initial Borrowing Base Property prior to such Initial Borrowing Base Property being given any value for purposes of determining the Borrowing Base:

Appears in 2 contracts

Sources: Credit Agreement (Sunstone Hotel Investors, Inc.), Credit Agreement (Sunstone Hotel Investors, Inc.)