Common use of Existing Unencumbered Assets Clause in Contracts

Existing Unencumbered Assets. As of the Effective Date, the parties hereto acknowledge and agree that the Properties listed on Schedule 4.1 are Unencumbered Assets as of September 30, 2023. On any date of determination, each Property that satisfies the definition of Unencumbered Asset shall be deemed to be included as an Unencumbered Asset, unless such Property has been excluded pursuant to the terms of Section 4.2 below.

Appears in 4 contracts

Samples: Term Loan Agreement (Spirit Realty Capital, Inc.), Term Loan Agreement (Realty Income Corp), Term Loan Agreement (Spirit Realty Capital, Inc.)

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Existing Unencumbered Assets. As of the Effective Date, the parties hereto acknowledge and agree that the Properties listed on Schedule 4.1 4.1. are Unencumbered Assets as of September 30, 20232022. On any date of determination, each Property that satisfies the definition of Unencumbered Asset shall be deemed to be included as an Unencumbered Asset, unless such Property has been excluded pursuant to the terms of Section 4.2 4.2. below.

Appears in 1 contract

Samples: Term Loan Agreement (Realty Income Corp)

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Existing Unencumbered Assets. As of the Effective Date, the parties hereto acknowledge and agree that the Properties listed on Schedule 4.1 4.1. are Unencumbered Assets as of September 30December 31, 20232021. On any date of determination, each Property that satisfies the definition of Unencumbered Asset shall be deemed to be included as an Unencumbered Asset, unless such Property has been excluded pursuant to the terms of Section 4.2 4.2. below.

Appears in 1 contract

Samples: Credit Agreement (Realty Income Corp)

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