Operating Statements. Each of the operating summaries pertaining to each of the Properties then included in calculations of the Appraised Value delivered by the Borrower to the Administrative Agent in accordance with Section 9.4(d) fairly presents the Net Operating Income of each such Property for the period then ended.
Appears in 4 contracts
Samples: Assignment and Assumption Agreement (Parkway, Inc.), Credit Agreement (Tier Reit Inc), Credit Agreement (Tier Reit Inc)
Operating Statements. Each of the operating summaries pertaining to each of the Properties then included in calculations of the Appraised Borrowing Base Value delivered by the Borrower to the Administrative Agent in accordance with Section 9.4(d9.4.(c) fairly presents the Net Operating Income and Permanent Loan Estimate of each such Property for the period then ended.
Appears in 2 contracts
Samples: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)
Operating Statements. Each of the operating summaries pertaining to each of the Properties then included in calculations of the Appraised Borrowing Base Value delivered by the Borrower to the Administrative Agent in accordance with Section 9.4(d) herewith fairly presents the Net Gross Operating Income and Permitted Expenses of each such Property for the period then ended.
Appears in 2 contracts
Samples: Joinder Agreement (RREEF Property Trust, Inc.), Joinder Agreement (RREEF Property Trust, Inc.)
Operating Statements. Each of the operating summaries of material information pertaining to each of the Properties then included in calculations of the Appraised Value Borrowing Base delivered by the Borrower to the Administrative Agent in accordance with Section 9.4(d9.4.(f) fairly presents the Net Operating Income of each such Property for the period then ended.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Office Properties Trust, Inc.), Credit Agreement (Excel Trust, Inc.)
Operating Statements. Each of the operating summaries pertaining to each of the Properties then included in calculations of the Appraised Value delivered by the Borrower to the Administrative Agent in accordance with Section 9.4(d8.4.(d) fairly presents in all material respects the Net Operating Income of each such Property for the period then ended.
Appears in 1 contract
