Eligible Real Estate Sublimit Clause Samples
Eligible Real Estate Sublimit. (a) on and after the Eligible Real Estate Inclusion Date until the Eligible Real Estate Subsequent Inclusion Date, $75,000,000, as such amount shall be reduced on a quarterly basis following the Eligible Real Estate Inclusion Date in an amount equal to the Eligible Real Estate Sublimit Amortization Amount established on the Eligible Real Estate Inclusion Date.
Eligible Real Estate Sublimit. (a) on and after the Eligible Real Estate Inclusion Date until the Eligible Real Estate Subsequent InclusionNinth Amendment Effective Date, $75,000,000, as such amount shall be reduced on a quarterly basis following the Eligible Real Estate Inclusion DateNinth Amendment Effective Date, commencing July 1, 2025, in an amount equal to the Eligible Real Estate Sublimit Amortization Amount established on the Ninth Amendment Effective Date; provided that, without limitation of any other rights of the Agent hereunder, the Eligible Real Estate Inclusion Date.Sublimit shall be reduced to (and shall be deemed to be) zero ($0) on the Tranche A Revolver Termination Date or such earlier date on which the Tranche A Revolver Commitments are terminated in accordance with this Agreement.