Common use of Removal of Qualified Unencumbered Properties Clause in Contracts

Removal of Qualified Unencumbered Properties. Notify the Administrative Agent at any time that Borrower will be removing a Project from the pool of Qualified Unencumbered Properties. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction of the following:

Appears in 5 contracts

Samples: Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Credit Agreement (Cole Credit Property Trust Iv, Inc.), Credit Agreement (Cole Credit Property Trust Iv, Inc.)

AutoNDA by SimpleDocs

Removal of Qualified Unencumbered Properties. Notify the Administrative Agent at any time that the Borrower will be removing a Project from the pool of Qualified Unencumbered Properties. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction of the following:

Appears in 5 contracts

Samples: Fourth Modification Agreement (Cole Credit Property Trust V, Inc.), Credit Agreement (Cole Credit Property Trust V, Inc.), Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

Removal of Qualified Unencumbered Properties. Notify the Administrative Agent at any time that Borrower will be removing a Project from the pool of Qualified Unencumbered PropertiesProperties upon which the Unencumbered Asset Value is determined. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction delivery of the followingfollowing to Administrative Agent:

Appears in 4 contracts

Samples: Credit Agreement (Cole Credit Property Trust III, Inc.), Credit Agreement (Cole Credit Property Trust III, Inc.), Credit Agreement (Cole Credit Property Trust II Inc)

Removal of Qualified Unencumbered Properties. Notify the Administrative Agent at any time that Borrower will be removing a Project from the pool of Qualified Unencumbered PropertiesProperties upon which the Unencumbered Asset Value is determined. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction approval by Administrative Agent in its sole but reasonable business judgment, and delivery of the followingfollowing to Administrative Agent:

Appears in 1 contract

Samples: Credit Agreement (Cole Credit Property Trust Iv, Inc.)

Removal of Qualified Unencumbered Properties. Notify the Administrative Agent at any time that Borrower will be removing a Project from the pool of Qualified Unencumbered Properties. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction of the following:QB\033578.02027\42870831.19

Appears in 1 contract

Samples: Credit Agreement (Cim Real Estate Finance Trust, Inc.)

AutoNDA by SimpleDocs

Removal of Qualified Unencumbered Properties. Notify (a) Borrower shall notify the Administrative Agent at any time that the Borrower will be removing a Project from the pool of Qualified Unencumbered Properties. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction of the following:

Appears in 1 contract

Samples: Credit Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

Removal of Qualified Unencumbered Properties. Notify the Administrative Agent at any time that the Borrower will be removing a Project from the pool of Qualified Unencumbered Properties. Such Project shall be removed from the pool of Qualified Unencumbered Properties upon satisfaction of the following:: QB\033578.02011\28349393.9

Appears in 1 contract

Samples: Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.