Common use of Material Real Property Clause in Contracts

Material Real Property. Promptly upon, and in any event within ten Business Days after, Holdings or any other Credit Party acquires any fee interest in Real Property the fair market value of which is equal to or greater than $2,000,000, notice of such acquisition, together with Holdings’ good faith determination of the fair market value thereof.

Appears in 4 contracts

Samples: Loan Credit Agreement (J.Jill, Inc.), Loan Credit Agreement (J.Jill, Inc.), Security Agreement

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Material Real Property. Promptly upon, and in any event within ten 10 Business Days after, Holdings Parent or any other Credit Party acquires any fee interest in Real Property the fair market value of which is equal to or greater than $2,000,000, notice of such acquisition, together with Holdings’ the Company’s good faith determination of the fair market value thereof.

Appears in 4 contracts

Samples: Abl Credit Agreement (J.Jill, Inc.), Schedules (J.Jill, Inc.), Abl Credit Agreement and Waiver (J.Jill, Inc.)

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Material Real Property. Promptly upon, and in any event within ten (10) Business Days after, Holdings or any other Credit Party acquires any fee interest in Real Property the fair market value of which is equal to or greater than $2,000,000, notice of such acquisition, together with Holdings’ good faith determination of the fair market value thereof.

Appears in 1 contract

Samples: Term Loan Credit Agreement (J.Jill, Inc.)

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