Initial Unencumbered Properties. As of the Closing Date, the Initial Unencumbered Properties shall consist of the Properties set forth on Schedule 4.01.
Initial Unencumbered Properties. Collectively, each property listed on Schedule UP as of the Closing Date.
Initial Unencumbered Properties. On the Effective Date the Properties identified on Schedule 4.1. shall be Unencumbered Properties.
Initial Unencumbered Properties. Data Center Facility known as ACC2, located at 00000 Xxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx, and owned by Rhino Equity LLC;
Initial Unencumbered Properties. As of the Closing Date, the Unencumbered Properties shall consist of the Initial Unencumbered Properties.
Initial Unencumbered Properties. As of the Closing Date, the Unencumbered Properties shall consist of the Initial Unencumbered Properties; provided that the Property known as Courtyard by Marriott Downtown Oakland and located at 000 Xxxxxxxx, Xxxxxxx Xxxxxxxxxx, 00000, may be excluded from the Unencumbered Property Pool by the Required Lenders if a closure letter issued by the City of Oakland is not delivered by Borrower on or before August 6, 2012; it being acknowledged, however that Borrower shall have no obligation to obtain any such closure letter.
Initial Unencumbered Properties. At all times during the term of this Agreement, the Borrower shall cause the Borrower and the Guarantors to continue to own or ground-lease (in a manner that satisfies the criteria for an Unencumbered Property set forth in the definition thereof) at least 66 2/3% (by Unencumbered Asset Value) of the Unencumbered Properties that comprise the Initial Unencumbered Properties.
Initial Unencumbered Properties. The definition of Initial Unencumbered Properties shall be deleted in its entirety.
Initial Unencumbered Properties. The Properties identified on Schedule 4.1. shall, on the First Amendment Date, be Unencumbered Properties.
Initial Unencumbered Properties. Data Center Facility known as ACC2, located at 00000 Xxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx, and owned by Rhino Equity LLC; Data Center Facility known as ACC4, located at 00000 Xxxxxxxx Xxxx, Xxxxxxx, Xxxxxxxx, and owned by Grizzly Ventures LLC; Data Center Facilities known as ACC5, located at 00000 Xxxxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx, and ACC6, located at 00000 Xxxxxx Xxxxx, Xxxxxxx, Xxxxxxxx, and owned by Fox Properties LLC; Data Center Facility known as CH1, located at 0000 Xxxxx Xxxx, Elk Grove Village, Illinois, and owned by Tarantula Ventures LLC; Data Center Facility known as VA3, located at 0000 Xxxxxxxx Xxxxxx Xxxxx, Xxxxxx, Xxxxxxxx, and owned by Lemur Properties LLC; Data Center Facility known as VA4, located at 0000 Xxxxxx Xxxx Road, Gainesville, Virginia, and owned by Porpoise Ventures LLC; Data Center Facility known as SC1, located at 000 Xxxx Xxxxxx, Santa Clara, California, and owned by Xeres Ventures LP; Site for future Data Center Facility to be known as ACC8, located at 00000 Xxxxx Xxxxxx Road, Ashburn, Virginia, and owned by Yak Ventures LLC; and Data Center Facility known as ACC7, located at 00000 Xxxxxxx Xxxxx, Ashburn, Virginia and owned by Alshain Ventures LLC. None.
