Common use of Maximum Size of Individual Borrowing Base Asset Clause in Contracts

Maximum Size of Individual Borrowing Base Asset. The individual Borrowing Base Asset with the highest Appraised Value (which is , whose Appraised Value of $ ) represents % of the Appraised Value of the Borrowing Base Assets in the aggregate [and immediately following the Transaction, the individual Borrowing Base Asset with the highest Appraised Value will be , whose Appraised Value of $ will represent % of the Appraised Value of the Borrowing Base Assets in the aggregate], which does not exceed 15% as required by Section 5.04(b)(v) of the Credit Agreement.

Appears in 2 contracts

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

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Maximum Size of Individual Borrowing Base Asset. The individual Borrowing Base Asset with the highest Appraised Value (which is ________________, whose Appraised Value of $ $______________) represents % of the Appraised Value of the Borrowing Base Assets in the aggregate [and immediately following the Transaction, the individual Borrowing Base Asset with the highest Appraised Value will be , whose Appraised Value of $ will represent ____% of the Appraised Value of the Borrowing Base Assets in the aggregate], which does not exceed 15% as required by Section 5.04(b)(v) of the Credit Agreement.

Appears in 1 contract

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

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Maximum Size of Individual Borrowing Base Asset. The individual Borrowing Base Asset with the highest Appraised Value (which is , whose Appraised Value of $ ) represents ___% of the Appraised Value of the Borrowing Base Assets in the aggregate [and immediately following the Transaction, the individual Borrowing Base Asset with the highest Appraised Value will be , whose Appraised Value of $ will represent % of the Appraised Value of the Borrowing Base Assets in the aggregate], which does not exceed 15% as required by Section 5.04(b)(v) of the Credit Agreement.

Appears in 1 contract

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

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