Initial Unencumbered Properties definition

Initial Unencumbered Properties means the Acceptable Properties listed on Schedule 4.01, and “Initial Unencumbered Property” means any one of the Initial Unencumbered Properties.
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Initial Unencumbered Properties is defined in Section 2.24.
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Initial Unencumbered Properties means the Properties listed on Schedule 4.01, and “Initial Unencumbered Property” means any one of the Initial Unencumbered Properties.
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Examples of Initial Unencumbered Properties in a sentence

  • As of the Closing Date, the Initial Unencumbered Properties shall consist of the Properties set forth on Schedule 4.01.

  • The Agent shall have received an executed Property Addition Request in respect of the Initial Unencumbered Properties and evidence reasonably satisfactory to Agent that all Liens (other than Permitted Liens) in respect of Unencumbered Properties shall have been terminated (or shall be terminated upon disbursement of the initial Loans).

  • At all times during the term of this Agreement, the Borrower shall cause the Borrower and the Guarantors to continue to own or ground-lease (in a manner that satisfies the criteria for an Unencumbered Property set forth in the definition thereof) at least 66 2/3% (by Unencumbered Asset Value) of the Unencumbered Properties that comprise the Initial Unencumbered Properties.

  • With governments not particularly interested in promoting mandatory approaches to NFR, the under- lying drivers must carry the burden of maintaining the momentum for further growth.

  • Before and after giving effect to the transactions contemplated by the Loan Documents, there shall have occurred (i) no Material Adverse Change since December 31, 2020, and (ii) no material adverse change in the Initial Unencumbered Properties since the date of this Agreement.

  • As of the Closing Date, the Unencumbered Properties shall consist of the Initial Unencumbered Properties.

  • As of the Restatement Closing Date, the Initial Unencumbered Properties shall consist of the Properties set forth on Schedule 4.01.

  • As of the Closing Date, the Unencumbered Property Pool shall consist of the Initial Unencumbered Properties and any Additional Unencumbered Properties that are added to the Unencumbered Property Pool prior to the Closing Date pursuant to Sections 4.02 and 4.03.

  • Each Property (other than the Initial Unencumbered Properties) shall be subject to Required Lenders’ approval to be admitted into the Unencumbered Property Pool, such approval to be in Required Lenders’ reasonable discretion.

  • Xxxx Title: General Manager Commitment: €14,639,145.07 SOCIETE GENERALE, as a Bank By: /s/ Xxxxxxxx Xxxxx-Barboux Name: Xxxxxxxx Xxxxx-Barboux Title: Deputy Global Head of Real Estate: Lodging Commitment: €10,979,358.81 SCHEDULE 1.1 Initial Unencumbered Properties SCHEDULE 4.4(b) Disclosure of Additional Material Indebtedness None SCHEDULE 4.6 Borrower and General Partner ERISA Plans The employees of Borrower may currently participate in a 401(k) Plan.


More Definitions of Initial Unencumbered Properties

Initial Unencumbered Properties means those Unencumbered Properties comprising the Pool on the Closing Date, as set forth in the initial Compliance Certificate attached hereto as Schedule C.
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Initial Unencumbered Properties means the Properties listed on Schedule 4.01, and
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Initial Unencumbered Properties means all such Student Housing Properties, collectively.
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Initial Unencumbered Properties certain Properties listed on Schedule 4.01, which, pursuant to the Disposition Agreements, certain purchasers have agreed to purchase pursuant to the terms set forth in the applicable Disposition Agreements; provided that such purchasers remain obligated to purchase such Properties under the applicable Disposition Agreements at the acquisition price set forth on Schedule 4.01 or such other acquisition price as approved by Administrative Agent.
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Initial Unencumbered Properties means, the Unencumbered Properties that are included in the Unencumbered Pool as of the Closing Date, which are listed on Schedule IV on the date hereof.
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Related to Initial Unencumbered Properties

  • 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.

  • Unencumbered Pool means the Unencumbered 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.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.