Common use of Individual Eligible Property Value Clause in Contracts

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ for the Eligible Property. 2. No Eligible Property comprises more than 15% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/no

Appears in 2 contracts

Samples: Credit Agreement (Consolidated Tomoka Land Co), Credit Agreement (Consolidated Tomoka Land Co)

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Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property.. ​ 20. No Xx Eligible Property comprises more than 1525% of Borrowing Base ValueValue ​ 3. The Borrower is in compliance (circle yes or no) yes/nono1

Appears in 2 contracts

Samples: Credit Agreement (Alpine Income Property Trust, Inc.), Credit Agreement (Alpine Income Property Trust, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 2. No Eligible Property comprises more than 1520% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/no

Appears in 1 contract

Samples: Credit Agreement (Umh Properties, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 20. No Xx Eligible Property comprises more than 1525% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/nono3

Appears in 1 contract

Samples: Credit Agreement (Consolidated Tomoka Land Co)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property.. ​ ​ ​ 20. No Xx Eligible Property comprises more than 1520% of Borrowing Base ValueValue ​ 3. The Borrower is in compliance (circle yes or no) yes/nono4

Appears in 1 contract

Samples: Credit Agreement (CTO Realty Growth, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property.. ​ 20. No Xx Eligible Property comprises more than 1525% of Borrowing Base ValueValue ​ 3. The Borrower is in compliance (circle yes or no) yes/nono2

Appears in 1 contract

Samples: Credit Agreement (CTO Realty Growth, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 2. No Eligible Property comprises more than 1525% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/nono9

Appears in 1 contract

Samples: Credit Agreement (Consolidated Tomoka Land Co)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property.. ​ 20. No Xx Eligible Property comprises more than 15[30%]1[25%]2% of Borrowing Base ValueValue ​ ​ 1 Prior to 1/1/2021 ​ 2 On and after 1/1/2021 ​ 3. The Borrower is in compliance (circle yes or no) yes/nono3

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 2. No Eligible Property comprises more than 15% of the Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/no

Appears in 1 contract

Samples: Credit Agreement (Umh Properties, Inc.)

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Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ for the Eligible Property. 2. No Eligible Property comprises more than 1520% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/no

Appears in 1 contract

Samples: Credit Agreement (Consolidated Tomoka Land Co)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 2. No Eligible Property comprises more than 15% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/no

Appears in 1 contract

Samples: Credit Agreement (Umh Properties, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property.. ​ ​ 20. No Xx Eligible Property comprises more than 1525% of Borrowing Base ValueValue ​ 3. The Borrower is in compliance (circle yes or no) yes/nono1

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 2. No Eligible Property comprises more than (i) to the extent that the aggregate Commitments are less than $75,000,000, 20% of the Borrowing Base Value, and (ii) to the extent that the aggregate Commitments are greater than or equal to $75,000,000, 15% of the Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/no

Appears in 1 contract

Samples: Credit Agreement (Umh Properties, Inc.)

Individual Eligible Property Value. 1. The Percentage of Borrowing Base Value of each Eligible Property is set forth [above or on the attached Schedule] and the largest Borrowing Base Value or any Eligible Property is $ $___________ for the ___________ Eligible Property. 2. No Eligible Property comprises more than 15[30%]1[25%]2% of Borrowing Base Value 3. The Borrower is in compliance (circle yes or no) yes/nono3

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

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