Conditionally Approved Eligible Property definition

Conditionally Approved Eligible Property has the meaning given that term in Section 4.1.(d).
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Examples of Conditionally Approved Eligible Property in a sentence

  • It is anticipated that, subject to approval of each such Conditionally Approved Eligible Property as a Borrowing Base Property, such Conditionally Approved Eligible Properties will be added to the Borrowing Base on or about the dates specified on Schedule 4.1.(d) (the "Anticipated Delivery Date").

  • Administrative Agent and Lenders have conditionally approved the Properties listed on Schedule 4.1.(d) (each a "Conditionally Approved Eligible Property") as Borrowing Base Properties.

  • Borrower agrees to cause all of the Conditionally Approved Eligible Properties (or, if any Conditionally Approved Eligible Property is not finally approved as a Borrowing Base Property as provided in Section 4.1(l), a replacement property acceptable to the Requisite Lenders [which must include Lender then acting as Administrative Agent so long as it is not then a Defaulting Lender]) to be added as Borrowing Base Properties on or before December 31, 2010.