Operating and Financial Covenants. The Projects shall satisfy each of the following covenants as of the end of each calendar quarter (the “Determination Date”):
Appears in 3 contracts
Samples: Loan Agreement (Summit Healthcare REIT, Inc), Loan Agreement (Cornerstone Core Properties REIT, Inc.), Loan Agreement (Cornerstone Core Properties REIT, Inc.)
Operating and Financial Covenants. The Projects shall satisfy each of the following covenants as of the end of each calendar quarter (the each a “Determination Date”):
Appears in 1 contract
Operating and Financial Covenants. The Projects Commencing with the calendar quarter ending September 30, 2017, the Project shall satisfy each of the following covenants as of the end of each calendar quarter (the “Determination Date”):
(a) [Reserved]
Appears in 1 contract
Operating and Financial Covenants. The Projects Projects, on an aggregate basis and not a Project-by-Project basis, shall satisfy each of the following covenants as of the end of each calendar quarter (the “Determination Date”):
(a) [Intentionally Omitted].
Appears in 1 contract
Operating and Financial Covenants. The Projects shall satisfy each of the following covenants (the “Financial Covenants”) as of the end of each calendar quarter (the “Determination Date”):
Appears in 1 contract
