Collateral Properties definition

Collateral Properties means, collectively, (i) each Initial Collateral Property for which (a) a Security Instrument and each other applicable Security Document has been delivered to and accepted by the Administrative Agent and (b) each other condition set forth on Annex I has been satisfied or waived in writing by the Administrative Agent in respect of such Property (provided that any such condition requiring delivery of Security Documents that the Administrative Agent determines to be applicable, a Title Policy, flood hazard determinations or, to the extent applicable, evidence of flood insurance coverage as required by the Administrative Agent shall not be waived without the written consent of the Requisite Lenders), and (ii) each other Property added as a Collateral Property from time to time pursuant to Section 7.15(a); provided that, notwithstanding anything to the contrary herein or in any other Loan Document, solely for purposes of Sections 7.13(b), 9.2, 9.4, and 12.2, each Initial Collateral Property shall, at all times prior to the satisfaction of the Initial Mortgage Collateral Requirement, and solely to the extent the Initial Mortgage Collateral Requirement is not yet satisfied, be deemed to be a “Collateral Property” for all purposes thereunder regardless of whether or not the conditions specified in the foregoing clauses (i)(a) and (i)(b) shall have been satisfied.

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Collateral Properties means the Real Property specified in Schedule Z.

Collateral Properties means any Borrowing Base Property or Borrowing Base Properties and other Individual Properties which (i) were a Borrowing Base Property, (ii) were no longer deemed such under Section 3.4.1, and (iii) for which the Release Conditions have not been satisfied, as described in Section 3.4.3.

Examples of Collateral Properties in a sentence

• Except for the Property Management Agreement no agreements exist which are binding on any of the Loan Parties relating to the management of any of the Collateral Properties.

• No agreements exist which are binding on any of the Loan Parties relating to the rights of tenants at the Collateral Properties to park at locations other than at the Collateral Properties, except for valid and recorded easements and other matters of record that give the owner of such Collateral Properties (and its tenants) insurable such rights to park at such locations.

• To the knowledge of each Loan Party, the Collateral Properties comply with the requirements and regulations of the Americans with Disabilities Act, of July 26, 1990, Pub.

• No agreements exist which are binding on any of the Loan Parties relating to the future leasing of such rentable spaces within the Collateral Properties by brokers or other similar agents that are not terminable on more than 30 days’ notice.

• Together with such financial statements, Borrower shall deliver reports, in form and substance satisfactory to the Agent (acting at the written direction of the Requisite Lenders), setting forth: a listing of capital expenditures for the Collateral Properties made during the fiscal quarter then ended.

More Definitions of Collateral Properties

Collateral Properties means collective reference to the real properties, improvements and associated FF&E which are pledged and encumbered as Collateral securing repayment of the Credit Facility from time to time, which shall consist of the CPI Real Property, ACLVI Real Property, ACCBI Premises, and ACVI Premises, together with any other real property or interests therein which may be held by Agent Bank from time to time to secure repayment of the Bank Facilities.

Collateral Properties means each of the properties subject to or required to become subject to a Mortgage; as of the Effective Date, the Collateral Properties are listed on Schedule 6.01(ee) hereto.

Collateral Properties means the Real Estate and Leases described on Schedule 1.01.

Collateral Properties means the Real Property specified in Schedule Z, and any other Real Property of any Loan Party that becomes subject to a Mortgage pursuant to Section 5.12.

Collateral Properties means, the Individual Properties initially listed in Schedule 6.14.2 hereto, but excluding any Collateral Property which is released in accordance with Section 3.3 hereof.

Collateral Properties has the meaning given in Section 4.1(t).

Collateral Properties means, collectively, the properties listed on Schedule 1.1 hereto.