Common use of Borrowing Base Properties Clause in Contracts

Borrowing Base Properties. Receipt by the Administrative Agent, at least ten (10) Business Days prior to the Closing Date, a list of Properties (if any) that will be Borrowing Base Properties on the Closing Date, and, to the extent applicable, approval of such list by the Administrative Agent (such approval not to be unreasonably withheld or delayed).

Appears in 3 contracts

Samples: Credit Agreement (Phillips Edison Grocery Center REIT III, Inc.), Credit Agreement (Phillips Edison Grocery Center Reit Ii, Inc.), Credit Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)

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Borrowing Base Properties. Receipt by the Administrative Agent, at least ten (10) Business Days prior to the Closing Date, a list of which Properties (if any) that will be Borrowing Base Properties on the Closing Date, and, to the extent applicable, and approval of such list by the Administrative Agent (such approval not to be unreasonably withheld or delayed).

Appears in 1 contract

Samples: Credit Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

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