Waivers by Requisite Lenders. If any Property fails to satisfy any of the requirements contained in the definition of Unencumbered Property then the applicable Property may nevertheless be deemed to be Unencumbered Property hereunder if the Requisite Lenders grant the necessary waivers and vote to accept such Property as an Unencumbered Property.
Appears in 6 contracts
Samples: Term Loan Agreement (Chelsea Property Group Inc), Credit Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp)
Waivers by Requisite Lenders. If any Property Real Estate Asset fails to satisfy any of the requirements contained in the definition of Unencumbered Property then the applicable Property Real Estate Asset may nevertheless be deemed to be Unencumbered Property hereunder if the Requisite Lenders grant the necessary waivers and vote to accept such Property Real Estate Asset as an Unencumbered Property.
Appears in 3 contracts
Samples: Credit Agreement (Liberty Property Limited Partnership), Credit Agreement (Liberty Property Limited Partnership), Credit Agreement (Liberty Property Limited Partnership)
