Common use of Geographic Diversity Clause in Contracts

Geographic Diversity. The proposed Substitution does not cause (A) more than two Individual Properties to be within a three (3) mile radius of each other or (B) any two Individual Properties to be within a three (3) mile radius of each other having aggregate Combined Allocated Loan Amounts in excess of forty percent (40%) of the Combined Principal Amount.

Appears in 9 contracts

Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc), Loan and Security Agreement (Station Casinos Inc)

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