Definition of Other Properties Net Operating Income


Other Properties Net Operating Income means, with respect to any Fiscal Quarter of the Borrower, the sum of (i) the Net Operating Income of all Other Properties owned by Borrower or a Wholly-Owned Subsidiary and (ii) the Borrower's Share of the Net Operating Income of all Other Properties owned by Affiliates of Borrower that are not Wholly-Owned Subsidiaries.
Sample 1 Sample 2