Collateral Pool Property definition

Collateral Pool Property shall have the meaning set forth in the Credit Agreement. Revolving Credit Loan
Sample 1Sample 2Sample 3
Collateral Pool Property means any Hotel Property in the Collateral Pool.
Sample 1Sample 2Sample 3
Collateral Pool Property and "Collateral Pool Properties" shall mean the multi-family real property or properties, as the case may be, as set forth in Schedule 1.1(A), together with any multi-family real properties which have been added to the Collateral Pool and less any real properties which have been released from the Collateral Pool hereunder.
Sample 1

Examples of Collateral Pool Property in a sentence

  • Upon the earlier to occur of (i) termination of the Credit Agreement pursuant to the terms of Section 2.6 thereof, and (ii) release of the Collateral Pool Property pursuant to the terms of Section 3.2 of the Credit Agreement, Lender will pay to Borrower all funds remaining in any Reserve Funds.

  • The representations and warranties set forth in this Loan Agreement will survive until the earlier to occur of (i) termination of the Credit Agreement pursuant to the terms of Section 2.6 thereof, and/or (ii) release of a Collateral Pool Property pursuant to the terms of Section 3.2 of the Credit Agreement; however, the representations and warranties set forth in Section 5.05 will survive beyond repayment of the entire Indebtedness to the extent provided in Section 10.12.

  • Each Collateral Pool Property has adequate rights of access to public ways and is served by adequate water, sewer, sanitary sewer and storm drain facilities as are adequate for full utilization of such Collateral Pool Property for its use as a multifamily residential property.

  • All roads necessary for the full utilization of each Collateral Pool Property for its current purpose have been completed and dedicated to public use and accepted by all Official Bodies or are the subject of access easements for the benefit of such Collateral Pool Property.

  • Each Collateral Pool Property is comprised of one or more parcels, each of which constitutes a separate tax lot and none of which constitutes a portion of any other tax lot.

  • If the results of such Valuation disclose that the Market Value of the affected Collateral Pool Property has decreased, then the Market Value shall thereafter be deemed to be the amount shown in such Valuation.

  • It was seen that KY variety contained the highest percentage of total SFAs (19.3%) and PUFAs (10.3%), while GG variety had the lowest total SFAs (16.8%) and PUFAs (8.5%).

  • If (i) Borrower or a Collateral Pool Property experiences a Material Adverse Change or (ii) a Material Adverse Change occurs with respect to this Agreement or any of the other Loan Documents taken as a whole, Borrower shall promptly notify Lender of the same in writing as soon as Borrower has notice thereof.

  • Attach list of club officers, or those responsible for the operation of the establishment to be licensed.

  • Permittees with small rural jurisdictions (e.g., whose stormwater conveyance systems are dominated by roadside ditches) may collectively submit a proposal, subject to the Executive Officer’s approval, for pilot projects investigating the use of alternative green infrastructure techniques to comply with the Provision C.3.j.ii.(2) Numeric Implementation retrofit requirements, with construction by June 30, 2027.


More Definitions of Collateral Pool Property

Collateral Pool Property means a Multifamily Mortgaged Property or Student Housing Mortgaged Property as set forth in Schedule 1.1(A).
Sample 1Sample 2
Collateral Pool Property means the Real Properties (other than Abundance of Caution Property) that (i) satisfy each of the Collateral Pool Eligibility Conditions as of the date of determination and (ii) are either (a) identified on Schedule 1.1(a) or (b) acquired subsequent to the Closing Date by a Subsidiary of the Borrower or the Borrower with the proceeds of Revolving Loans and in satisfaction of each of the conditions contained in Section 5.2 hereof.
Sample 1
Collateral Pool Property means separately the Real Property Assets identified on Schedule 1.1(C).
Sample 1
Collateral Pool Property means each Mortgaged Property as set forth in Schedule 1.1(A). Schedule 1.1(A) shall be deemed amended each time a Mortgaged Property is added as a Collateral Pool Property or released as a Collateral Pool Property in accordance with the terms of this Agreement.
Sample 1

Related to Collateral Pool Property

  • Collateral Pool means the aggregate total of the Collateral.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • Borrowing Base Properties means the Oil and Gas Properties of the Loan Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 8.12.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Mortgaged Real Property means any parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Released Mortgaged Property Proceeds As to any Mortgage Loan, proceeds received by the Servicer in connection with (a) a taking of an entire Mortgaged Property by exercise of the power of eminent domain or condemnation or (b) any release of part of the Mortgaged Property from the lien of the related Mortgage, whether by partial condemnation, sale or otherwise, which are not released to the Mortgagor in accordance with applicable law and mortgage servicing standards the Servicer would use in servicing mortgage loans for its own account and this Agreement.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Securitization Property means the property described in section 10j.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Release Property shall have the meaning set forth in Section 2.6 hereof.

  • Hotel Property means a Property on which there is located an operating hotel.

  • Mortgaged Properties the real properties listed on Schedule 1.1B, as to which the Administrative Agent for the benefit of the Lenders shall be granted a Lien pursuant to the Mortgages.

  • Unencumbered Property means any one of the Unencumbered Properties.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Unencumbered Properties means each Acceptable Property that either (a) is an Initial Unencumbered Property or (b) becomes an Unencumbered Property pursuant to Section 4.03, and “Unencumbered Property” means any one of the Unencumbered Properties.

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Additional Mortgaged Property shall have the meaning provided in Section 8.11(a).

  • newly rateable property means any rateable property on which property rates were not levied before the end of the financial year preceding the date on which this Act took effect, excluding –

  • Real Property Asset means, at any time of determination, any interest then owned by any Loan Party in any real property.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Loan Property means any property in which the applicable party (or a subsidiary of it) holds a security interest and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.