Common use of Maximum Facility Exposure to Borrowing Base Asset Value Clause in Contracts

Maximum Facility Exposure to Borrowing Base Asset Value. Not permit at any time the Facility Exposure at such time to exceed the Total Borrowing Base Value at such time.

Appears in 4 contracts

Samples: Credit Agreement (Campus Crest Communities, Inc.), Credit Agreement (Campus Crest Communities, Inc.), Security Agreement (Campus Crest Communities, Inc.)

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Maximum Facility Exposure to Borrowing Base Asset Value. Not permit at any time (A) the Facility Exposure at such time to exceed the Total sum of the Loan Values of all Borrowing Base Value Assets at such time or (B) the sum of the Loan Values of all Borrowing Base Assets that are Manufactured Home Communities to be less than 65% of the Facility Exposure at such time.

Appears in 1 contract

Samples: Credit Agreement (Affordable Residential Communities Inc)

Maximum Facility Exposure to Borrowing Base Asset Value. Not permit at any time the Facility Exposure at such time to exceed the Total Borrowing Base Value Facility Available Amount at such time.. 103

Appears in 1 contract

Samples: Credit Agreement (Campus Crest Communities, Inc.)

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Maximum Facility Exposure to Borrowing Base Asset Value. Not permit at any time the Facility Exposure at such time to exceed the Total Borrowing Base Loan Value at such time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sunstone Hotel Investors, Inc.)

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