MBL PROPERTIES definition
MBL PROPERTIES means each of the hotel properties listed on SCHEDULE 1.1A annexed hereto.
Real Properties means, at any time, a collective reference to each of the facilities and real properties owned, leased or operated by the Consolidated Parties at such time.
Initial Properties means collectively the Properties listed on Schedule 1.1 and “Initial Property” means any of such Properties.
Subject Properties has the meaning specified in Section 5.13(a).
Owned Real Properties has the meaning set forth in Section 3.16(b).
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.