AFC Loan Property definition
AFC Loan Property means any property in which AFC or a AFC Subsidiary holds a direct or indirect security interest securing to a loan or other extension of credit made by them, including through a Loan Participation, and “AFC Loan Participation” means a participation interest in a loan or other extension of credit other than by AFC or a AFC Subsidiary.
AFC Loan Property shall have the meaning set forth in 5.15.2.
Examples of AFC Loan Property in a sentence
To the Knowledge of AFC and the AFC Subsidiaries, prior to the period of (x) AFC’s or any of the AFC Subsidiaries’ ownership of operation of any of their respective current properties or (y) AFC’s or any of the AFC Subsidiaries’ participation in the management of any AFC Loan Property, there was no contamination by or release of Materials of Environmental Concern in, on, under or affecting such properties.