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

Maximum Facility Exposure to Borrowing Base Asset Value. The Facility Exposure of $ [or of $ , immediately following the Transaction] does not exceed the Total Borrowing Base Value of $ [or of $ , immediately following the Transaction], as required by Section 5.04(b)(i) of the Credit Agreement.

Appears in 3 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. The Facility Exposure of $ [or of $ , immediately following the Transaction] $________________ does not exceed the Total Borrowing Base Value Facility Available Amount of $ [or of $ , immediately following the Transaction]$_________________, as required by Section 5.04(b)(i) of the Credit Agreement.

Appears in 1 contract

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

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