Common use of Additional Conditions to Advances Clause in Contracts

Additional Conditions to Advances. Each advance of the Loans shall be subject, in addition to the other limitations and conditions set forth herein, to, at Administrative Agent’s request, Administrative Agent’s receipt of a certificate, of the sort required by paragraph (3)(b) of Section 6.09, which shall demonstrate each Borrower’s and TRG’s compliance, as of the end of the most recently ended calendar quarter for which financial results are required hereunder to have been reported by each Borrower and TRG (and taking into account pro-forma adjustments for all acquisitions and Dispositions subsequent to the end of such quarter required to be reported pursuant to paragraph (6) of Section 6.09), with all covenants enumerated in said paragraph (3)(b), assuming that the amount that will be outstanding under the Loans following the making of the advance that is being requested was outstanding as of the end of such most recently ended calendar quarter. For purposes of the definition of “Applicable Margin” in Section 1.01, the Property Debt Yield shall be adjusted in accordance with the foregoing covenant compliance calculations (i) as of the date of each advance of the Loans, (ii) as of each date that financial results are or were required to be reported in accordance with Section 6.09(3), whichever is earlier, and (iii) as of the date of release or addition of a Property in accordance with Section 12.06.

Additional Conditions to Advances. Each advance of the Loans shall be subject, in addition to the other limitations and conditions set forth herein, to, at Administrative Agent’s request, Administrative Agent’s receipt of a certificate, of the sort required by paragraph (3)(b) of Section 6.09, which shall demonstrate each Borrower’s and TRG’s compliance, as of the end of the most recently ended calendar quarter for which financial results are required hereunder to have been reported by each Borrower and TRG (and taking into account pro-forma adjustments for all acquisitions and Dispositions subsequent to the end of such quarter required to be reported pursuant to paragraph (6) of Section 6.09), with all covenants enumerated in said paragraph (3)(b), assuming that the amount that will be outstanding under the Loans following the making of the advance that is being requested was outstanding as of the end of such most recently ended calendar quarter. For purposes of the definition of “Applicable Margin” in Section 1.01, the Property Debt Yield shall be adjusted in accordance with the foregoing covenant compliance calculations (i) as of the date of each advance of the Loans, (ii) as of each date that financial results are or were required to be reported in accordance with Section 6.09(3), whichever is earlier, and (iii) as of the date of release or addition of a Property in accordance with Section 12.06.

Additional Conditions to Advances. Each advance of the --------------------------------- Loans shall be subject, in addition to the other limitations and conditions set forth herein, to, at Administrative Agent’s 's request, Administrative Agent’s 's receipt of a certificate, of the sort required by paragraph (3)(b) of Section 6.09, which shall demonstrate each Borrower’s and TRG’s 's compliance, as of the end of the most recently ended calendar quarter for which financial results are required hereunder to have been reported by each Borrower and TRG (and taking into account pro-forma adjustments for all acquisitions and Dispositions subsequent to the end of such quarter required to be reported pursuant to paragraph (67) of Section 6.09), with all covenants enumerated in said paragraph (3)(b), assuming that the amount that will be outstanding under the Loans following the making of the advance that is being requested was outstanding as of the end of such most recently ended calendar quarter. For purposes of the definition definitions of “the "Applicable Commitment Fee Rate" and "Applicable Margin” " in Section 1.01, the Property Debt Yield shall be adjusted in accordance with the foregoing covenant compliance calculations (i) as of the date of each advance of the Loans, (ii) as of Loans and upon each date that financial results are or were acquisition and Disposition required to be reported in accordance with pursuant to paragraph (7) of Section 6.09(3), whichever is earlier, and (iii) as of the date of release or addition of a Property in accordance with Section 12.066.09.

Additional Conditions to Advances. Each advance of the Loans shall be subject, in addition to the other limitations and conditions set forth herein, to, at Administrative Agent’s 's request, Administrative Agent’s 's receipt of a certificate, of the sort required by paragraph (3)(b) of Section 6.09, which shall demonstrate each Borrower’s and TRG’s 's compliance, as of the end of the most recently ended calendar quarter for which financial results are required hereunder to have been reported by each Borrower and TRG (and taking into account pro-forma adjustments for all acquisitions and Dispositions subsequent to the end of such quarter required to be reported pursuant to paragraph (6) of Section 6.09), with all covenants enumerated in said paragraph (3)(b), assuming that the amount that will be outstanding under the Loans following the making of the advance that is being requested was outstanding as of the end of such most recently ended calendar quarter. For purposes of the definition of “"Applicable Margin” " in Section 1.01, the Property Debt Yield shall be adjusted in accordance with the foregoing covenant compliance calculations (i) as of the date of each advance of the Loans, (ii) as of Loans and upon each date that financial results are or were acquisition and Disposition required to be reported in accordance with pursuant to paragraph (6) of Section 6.09(3), whichever is earlier, and (iii) as of the date of release or addition of a Property in accordance with Section 12.066.09.