Property Adjustments. Following each addition or deletion of a Hotel -------------------- Property as an Eligible Property (an "Adjustment Event"), and with respect to ---------------- the addition of an Eligible Property the Administrative Agent's receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base accordingly.
Appears in 2 contracts
Samples: Credit Agreement (American General Hospitality Corp), Management Agreement (American General Hospitality Corp)
Property Adjustments. Following each addition or deletion of a Hotel -------------------- Property as an Eligible Property (an "Adjustment Event"), and with respect to ---------------- the addition of an Eligible Property the Administrative Agent's receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base accordingly.
Appears in 2 contracts
Samples: Credit Agreement (Lasalle Hotel Properties), Credit Agreement (Lasalle Hotel Properties)
Property Adjustments. Following each addition or deletion of a Hotel -------------------- Property as an Eligible Property (an "“Adjustment Event"”), and with respect to ---------------- the addition of an Eligible Property the Administrative Agent's receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base accordingly.
Appears in 1 contract
Samples: Senior Credit Agreement (Eagle Hospitality Properties Trust, Inc.)
Property Adjustments. Following each addition or deletion of a -------------------- Hotel -------------------- Property as an Eligible Property (an "Adjustment Event"), and with respect to the ---------------- the addition of an Eligible Property the Administrative Agent's receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base accordingly.
Appears in 1 contract
Property Adjustments. Following each addition or deletion acquisition of a Hotel Property -------------------- Property as an Eligible Property or Asset Disposition (an "Adjustment Event"), and with respect to ---------------- the addition of an Eligible Property the Administrative Agent's ---------------- receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base Total Availability accordingly.
Appears in 1 contract
Samples: Credit Agreement (American General Hospitality Corp)
Property Adjustments. Following each addition or deletion of a Hotel -------------------- Property as an Eligible Property (an "Adjustment Event"), and with respect to ---------------- the addition of an Eligible Property the Administrative ---------------- Agent's receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base accordingly.
Appears in 1 contract
Samples: Credit Agreement (American General Hospitality Corp)
Property Adjustments. Following each addition or deletion of a Hotel -------------------- Property as an Eligible Property (an "“Adjustment Event"”), and with respect to ---------------- the addition of an Eligible Property the Administrative Agent's ’s receipt of a Property Adjustment Report with respect thereto, the Administrative Agent shall adjust the Borrowing Base accordingly.
Appears in 1 contract
Samples: Senior Unsecured Credit Agreement (Lasalle Hotel Properties)
