Minimum Average Remaining Lease Term Clause Samples
Minimum Average Remaining Lease Term. The Weighted Average Remaining Lease Term to be less than five (5) years on the Borrowing Base Properties (with compliance certified as of the last day of each fiscal quarter in a Compliance Certificate delivered pursuant to Section 9.3 and at each other date of determination).
Minimum Average Remaining Lease Term. The Collateral Pool Properties (excluding multifamily Collateral Pool Properties) to have Weighted Average Remaining Lease Term of less than five (5) years (with compliance certified as of the last day of each fiscal quarter for the Measurement Period then ended in a Compliance Certificate delivered pursuant to Section 6.1).
