Common use of Terminated Lease Property Clause in Contracts

Terminated Lease Property. An Issuer may remove a Terminated Lease Property from the Collateral Pool in exchange for the addition of one or more Qualified Substitute Mortgaged Properties to the Collateral Pool pursuant to the provisions of Section 7.01.

Appears in 3 contracts

Samples: Management and Servicing Agreement, Limited Liability Company Agreement (Spirit MTA REIT), Management and Servicing Agreement (Spirit MTA REIT)

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Terminated Lease Property. An Issuer may remove a Terminated Lease Property from the Collateral Pool in exchange for the addition of one or more Qualified Substitute Mortgaged Properties to the Collateral Pool pursuant to the provisions of Section 7.01.. ARTICLE VIII

Appears in 3 contracts

Samples: Management and Servicing Agreement (Spirit MTA REIT), Management and Servicing Agreement (Spirit Realty, L.P.), Management and Servicing Agreement (Spirit Realty, L.P.)

Terminated Lease Property. An Issuer may remove a Terminated Lease Property from the Collateral Pool in exchange for the addition of one or more Qualified Substitute Mortgaged Properties to the Collateral Pool pursuant to the provisions of Section 7.01.

Appears in 2 contracts

Samples: Management and Servicing Agreement (American Finance Trust, Inc), Management and Servicing Agreement (American Finance Trust, Inc)

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Terminated Lease Property. An The Issuer may remove a Terminated Lease Property from the Collateral Pool in exchange for the addition of applicable Release Price or one or more Qualified Substitute Mortgaged Properties or have the Property Owner Membership Interests with respect to a related Terminated Lease Property released by the Collateral Pool Issuer in exchange for the applicable Release Price or one or more Qualified Substitute Property Owner Interests pursuant to the provisions of Section 7.0125.

Appears in 1 contract

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

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