Definition of Portfolio Property

  1. Portfolio Property means any real property owned or ground leased by a Subsidiary of the Borrower.

Examples of Portfolio Property in a sentence

  1. Title insurance in favor of the Company, the Operating Partnership, their respective subsidiaries or any Related Entity has been obtained with respect to each Portfolio Property owned by any such entity in an amount at least equal to (A) the cost of acquisition of such Portfolio Property or (B) the cost of construction of such Portfolio Property (measured at the time of such construction), except where the failure to maintain such title insurance would not have a Material Adverse Effect.

Definition of Portfolio Property in Contribution Agreement

Portfolio Property means any real property owned or ground leased by a Subsidiary of the Borrower.


Definition of Portfolio Property in Amended and Restated Credit Agreement

Portfolio Property means any real property owned or ground leased by a Subsidiary of the Company.