EPI Property definition

EPI Property means the real property described on Exhibit "D", together with all buildings and other real property and interests in real property, and all proceeds or insurance proceeds thereto or thereof.
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Examples of EPI Property in a sentence

  • Notwithstanding such use by Lender, Subordinated Creditor shall be permitted access to the Intervale Property and the EPI Property being used by the Lender at all reasonable times.

  • Subordinated Creditor further agrees that during the 180 day period after Lender gives Subordinated Creditor an Enforcement Notice, Subordinated Creditor with allow the Lender to utilize any part of the Intervale Property or EPI Property necessary to finish work on any work-in -process or existing customer orders at such time to the extent permitted by applicable law.

  • Notwithstanding the foregoing, Subordinated Creditor agrees that it will not take an Enforcement Action with respect to the Intervale Property or the EPI Property without giving Lender an Enforcement Notice at least 30 days prior to the date such Enforcement Action is or will be taken.

  • Notwithstanding anything in this Agreement to the contrary, Lender agrees that Subordinated Creditor shall be entitled to receive all proceeds of the Intervale Property and EPI Property derived through sale, liquidation, foreclosure or otherwise and that any such proceeds received by Lender shall be paid to Subordinated Creditor for application to the Subordinated Indebtedness in accordance with the Intervale Mortgage and any mortgage relating to the EPI Property.