Closing Properties definition

Closing Properties means all properties that Landlord (or its Affiliates) acquires from Tenant (or its Affiliates) under the Purchase Agreement.

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Closing Properties means each Property listed on Schedule IX attached hereto and designated as “Closing Properties”.

Closing Properties shall have the meaning given such term in Section 6(b).

Examples of Closing Properties in a sentence

• On or prior to the Closing Date, Lender shall have received evidence that (i) indirect investors of Borrower have, collectively, contributed at least $154,000,000.00 in non-borrowed cash equity (which amount may include up to $99,000,000 of the existing perpetual preferred stock) (the “Required Closing Equity Amount”) to Borrower and such amounts have been invested in the Closing Properties, and (ii) the Required Closing Equity Amount shall remain invested in the Closing Properties as of the Closing Date.

• On or prior to the Closing Date, Lender shall have received evidence that (i) indirect investors of Borrower have, collectively, contributed at least 154,000,000.00 in non-borrowed cash equity (which amount may include up to $99,000,000 of the existing perpetual preferred stock (the “Required Closing Equity Amount”) to Borrower and such amounts have been invested in the Closing Properties, and (ii) the Required Closing Equity Amount shall remain invested in the Closing Properties as of the Closing Date.