Common use of Initial Borrowing Base Properties Clause in Contracts

Initial Borrowing Base Properties. The Properties identified on Schedule 4.1 shall, on the Cutoff Date, be Borrowing Base Properties, and the Borrowing Base Value initially attributable to such Property shall be as approved by the Lenders and set forth on Schedule 4.1.

Appears in 10 contracts

Samples: Fifth Amended and Restated Credit Agreement (LGI Homes, Inc.), Credit Agreement (LGI Homes, Inc.), Second Amendment to Fifth Amended and Restated Credit Agreement (LGI Homes, Inc.)

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Initial Borrowing Base Properties. The Properties identified on Schedule 4.1 4.1. shall, on the Cutoff Effective Date, be the initial Borrowing Base Properties, and the Borrowing Base Unencumbered Asset Value initially attributable to such Property Borrowing Base Properties shall be as approved by the Lenders and set forth on Schedule 4.1.

Appears in 5 contracts

Samples: Credit Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust)

Initial Borrowing Base Properties. The Properties identified on Schedule 4.1 shall, on the Cutoff Effective Date, be Borrowing Base Properties, and the Borrowing Base Value initially attributable to such Property shall be as approved by the Lenders and set forth on Schedule 4.1.

Appears in 4 contracts

Samples: Revolving Loan Agreement (RREEF Property Trust, Inc.), Credit Agreement (LGI Homes, Inc.), Revolving Loan Agreement (RREEF Property Trust, Inc.)

Initial Borrowing Base Properties. The Properties identified on Schedule 4.1 shall, on the Cutoff Agreement Date, be Borrowing Base Properties, and the Borrowing Base Value initially attributable to such Property shall be as approved by the Lenders and set forth on Schedule 4.1.

Appears in 3 contracts

Samples: Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.)

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Initial Borrowing Base Properties. The Properties identified on Schedule 4.1 shall, on the Cutoff Effective Date, be Borrowing Base Properties, and the Borrowing Base Value initially attributable to such Property Borrowing Base Properties shall be as approved by the Lenders and set forth on Schedule 4.1.

Appears in 2 contracts

Samples: Credit Agreement (American Realty Capital Properties, Inc.), Credit Agreement (CapLease, Inc.)

Initial Borrowing Base Properties. The Properties identified on Schedule 4.1 shall, on the Cutoff Effective Date, be Borrowing Base Properties, and the Borrowing Base Value initially attributable to each such Property shall be as approved by the Lenders Administrative Agent and set forth on Schedule 4.1.

Appears in 2 contracts

Samples: Credit Agreement (Smith Douglas Homes Corp.), Credit Agreement (Smith Douglas Homes Corp.)

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