Common use of Swing Loan Note Clause in Contracts

Swing Loan Note. See §2.5(b). Taking. The taking or appropriation (including by deed in lieu of condemnation) of any Collateral Pool Property, or any part thereof or interest therein, whether permanently or temporarily, for public or quasi-public use under the power of eminent domain, by reason of any public improvement or condemnation proceeding, or in any other manner or any damage or injury or diminution in value through condemnation, inverse condemnation or other exercise of the power of eminent domain.

Appears in 2 contracts

Sources: Credit Agreement (Sealy Industrial Partners IV, LP), Credit Agreement (Sealy Industrial Partners IV, LP)

Swing Loan Note. See §2.5(b). Taking. The taking or appropriation (including by deed in lieu of condemnation) of any Collateral Pool Property, or any part thereof or interest therein, whether permanently or temporarily, for public or quasi-public use under the power of eminent domain, by reason of any public improvement or condemnation proceeding, or in any other manner or any damage or injury or diminution in value through condemnation, inverse condemnation or other exercise of the power of eminent domain.

Appears in 1 contract

Sources: Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)