Eligibility of Properties. (a) Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. shall, on the Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Value initially attributable to such Borrowing Base Properties shall be as set forth on Schedule 4.1.
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Samples: Term Loan Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust)
Eligibility of Properties. (a) Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. shall, on the Amendment No. 1 Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Value initially attributable to such Borrowing Base Properties shall be as set forth in the Compliance Certificate delivered to the Administrative Agent on Schedule 4.1the Amendment No. 1 Effective Date.
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Samples: Credit Agreement (RLJ Lodging Trust)
Eligibility of Properties. (a) Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. 4.1.(a) shall, on the Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Appraised Value initially attributable to such Borrowing Base Properties Property shall be as approved by the Lenders and set forth on Schedule 4.14.1.(a).
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