Common use of Florida Real Property Clause in Contracts

Florida Real Property. The parties hereto hereby acknowledge that the Revolving Loans, the Revolving (Supplemental) Loans and the Swingline Loans are secured by real and personal property located both inside and outside the State of Florida and hereby agree that for purposes of calculating intangible taxes due under Section 199.133, Florida Statutes, the first amounts advanced as Revolving Loans, Revolving (Supplemental) Loans and Swingline Loans shall be deemed to be the portion allocable to the Collateral consisting of real property located in the State of Florida, and such portion allocable to such Collateral shall also be deemed to be the last to be repaid under the terms hereof. Nothing herein shall limit the any secured party's right to recover or realize from the Collateral located in the State of Florida amounts in excess of that allocated to the Revolving Loans, Revolving (Supplemental) Loans or Swingline Loans or to apply amounts so recovered or realized against the Obligations in such order as the Agent named in the applicable security filing shall determine in its sole discretion.

Florida Real Property. The parties hereto hereby acknowledge that the Revolving Loans, the Supplemental Revolving (Supplemental) Loans and the Swingline Swing Line Loans are secured by real and personal property located both inside and outside the State of Florida and hereby agree that for purposes of calculating intangible taxes due under Section 199.133, Florida Statutes, the first amounts advanced as Revolving Loans, Supplemental Revolving (Supplemental) Loans and Swingline Swing Line Loans shall be deemed to be the portion allocable to the Collateral and Mortgaged Property consisting of real property located in the State of Florida, and such portion allocable to such Collateral and Mortgaged Property shall also be deemed to be the last to be repaid under the terms hereof. Nothing herein shall limit the Agent's or any secured partyLender's right to recover or realize from the Collateral or Mortgaged Property located in the State of Florida amounts in excess of that allocated to the Revolving Loans, Supplemental Revolving (Supplemental) Loans or Swingline and Swing Line Loans or to apply amounts so recovered or realized against the Obligations in such order as required pursuant to the Agent named in the applicable security filing shall determine in its sole discretionLoan Documents.

Florida Real Property. The parties hereto hereby acknowledge that the Revolving Loans, the Supplemental Revolving (Supplemental) Loans and the Swingline Swing Line Loans are secured by real and personal property located both inside and outside the State of Florida and hereby agree that for purposes of calculating intangible taxes due under Section 199.133, Florida Statutes, the first amounts advanced as Revolving Loans, Supplemental Revolving (Supplemental) Loans and Swingline Swing Line Loans shall be deemed to be the portion allocable to the Collateral and Mortgaged Property consisting of real property located in the State of Florida, and such portion allocable to such Collateral and Mortgaged Property shall also be deemed to be the last to be repaid under the terms hereof. Nothing herein shall limit the Agent's or any secured partyLender's right to recover or realize from the Collateral or Mortgaged Property located in the State of Florida amounts in excess of that allocated to the Revolving Loans, Supplemental Revolving (Supplemental) Loans or Swingline and Swing Line Loans or to apply amounts so recovered or realized against the Obligations in such order as required pursuant to the Agent named in the applicable security filing shall determine in its sole discretion.Loan Documents. Section 9.21

Florida Real Property. The parties hereto hereby acknowledge that the Revolving Loans, the Swingline Loans and Revolving (SupplementalCanadian) Loans and the Swingline Loans are secured by real and personal property located both inside and outside the State of Florida and hereby agree that for purposes of calculating intangible taxes due under Section 199.133, Florida Statutes, the first amounts advanced as Revolving Loans, Swingline Loans and Revolving (SupplementalCanadian) Loans and Swingline Loans shall be deemed to be the portion allocable to the Collateral consisting of real property located in the State of Florida, and such portion allocable to such Collateral shall also be deemed to be the last to be repaid 143 under the terms hereof. Nothing herein shall limit the any secured party's ’s right to recover or realize from the Collateral located in the State of Florida amounts in excess of that allocated to the Revolving Loans, Swingline Loans or Revolving (SupplementalCanadian) Loans or Swingline Loans or to apply amounts so recovered or realized against the Obligations in such order as the Agent named in the applicable security filing shall determine in its sole discretion.