Common use of Unsecured Conversion Clause in Contracts

Unsecured Conversion. The Borrower may convert the Facility to an unsecured Facility (an “Unsecured Conversion”) upon the Borrower’s satisfaction of the following requirements as of the date of such Unsecured Conversion (the “Conversion Requirements”):

Appears in 7 contracts

Samples: Fourth Modification Agreement (Cole Credit Property Trust V, Inc.), Third Modification Agreement (Cole Credit Property Trust V, Inc.), Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)

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Unsecured Conversion. The Borrower may convert the Facility to an unsecured Facility (an "Unsecured Conversion") upon the Borrower’s 's satisfaction of the following requirements as of the date of such Unsecured Conversion (the "Conversion Requirements"):

Appears in 2 contracts

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

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