Common use of Collateral Pool Properties Clause in Contracts

Collateral Pool Properties. 7.1.8.1. Borrower, as a whole, shall be in compliance with the Sublimits set forth in Section 2.6.1 at such times as expressly required in this Agreement; and 7.1.8.2. Each Property Borrower shall own at all times the entire equity interest in its respective Collateral Pool Property.

Appears in 3 contracts

Samples: Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)

AutoNDA by SimpleDocs

Collateral Pool Properties. 7.1.8.1. Borrower, as a whole, Borrower shall be in compliance with the Sublimits set forth in Section 2.6.1 SECTION 2.5.1 at such times as expressly required in this Agreement; ------------- and 7.1.8.2. Each Property Borrower shall own at all times the entire equity interest in its respective each Collateral Pool Property.

Appears in 1 contract

Samples: Credit Agreement (United Dominion Realty Trust Inc)

Collateral Pool Properties. 7.1.8.1. Borrower, as a whole, Borrower shall be in compliance with the Sublimits set forth in Section 2.6.1 2.5.3 at such times as expressly required in this Agreement; and 7.1.8.2. Each Property Borrower shall own at all times the entire equity fee simple interest or insurable ground lease interest in its respective each Collateral Pool Property.

Appears in 1 contract

Samples: Credit Agreement (Behringer Harvard Multifamily Reit I Inc)

Collateral Pool Properties. With respect to Collateral Pool Properties: 7.1.8.1. Borrower, as a whole, Borrower shall be in compliance with the Sublimits set forth in Section 2.6.1 2.1.1 at such times as expressly required in this Agreement; and 7.1.8.2. Each Property Borrower shall will own at all times the entire equity interest in its respective each Collateral Pool Property.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Lp)

AutoNDA by SimpleDocs

Collateral Pool Properties. 7.1.8.1. Borrower, as a whole, Borrower shall be in compliance with the Sublimits set forth in Section 2.6.1 SECTION 2.5.1 at such times as expressly required in this Agreement; and 7.1.8.2. Each Property Borrower shall own at all times the entire equity interest in its respective each Collateral Pool Property.

Appears in 1 contract

Samples: Credit Agreement (Summit Properties Partnership L P)

Collateral Pool Properties. 7.1.8.1. Borrower, as a whole, Borrower shall be in compliance with the Sublimits set forth in Section 2.6.1 2.5.3 at such times as expressly required in this Agreement; and 7.1.8.2. Each Property Borrower shall own at all times the entire equity fee simple interest in its respective each Collateral Pool Property.

Appears in 1 contract

Samples: Credit Agreement (Essex Property Trust Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!