Initial Borrowing Base Properties. As of the date hereof, the Lenders have approved for inclusion in calculations of the Borrowing Base, the Properties identified on Schedule 4.1., as well as the Borrowing Base Value initially attributable to each such Property.
Appears in 2 contracts
Samples: Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)
Initial Borrowing Base Properties. As of the date hereof, the Lenders have Lender has approved for inclusion in calculations of the Borrowing Base, the Base Properties identified on Schedule 4.1.4.1(a), as well as the Appraised Value and Borrowing Base Value initially attributable to each such PropertyProject and all of the conditions precedent to each such Project being an Eligible Property have been satisfied.
Appears in 2 contracts
Samples: Revolving Credit Agreement (New Home Co LLC), Revolving Credit Agreement (TRI Pointe Homes, Inc.)
Initial Borrowing Base Properties. As of the date hereofAgreement Date, the Lenders have approved for inclusion in calculations of the Borrowing Base, Base the Properties identified on Schedule 4.1. Upon satisfaction of the conditions set forth in Section 4.2., as well as the such Properties shall become Borrowing Base Value initially attributable to each such PropertyProperties.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Office Properties Trust, Inc.), Credit Agreement (U-Store-It Trust)
Initial Borrowing Base Properties. As of the date hereofAgreement Date, the Lenders have approved for inclusion in calculations of the Borrowing Base, Base the Properties identified indentified on Schedule 4.1., as well as the Borrowing Base Value initially attributable to each such Property.
Appears in 1 contract
Samples: Credit Agreement (Excel Trust, Inc.)
