Removal of Real Estate from the Unencumbered Asset Pool. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4), the Agent shall remove Real Estate from the Unencumbered Asset Pool upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 4 contracts
Samples: Credit Agreement (QTS Realty Trust, Inc.), Term Loan Agreement (QualityTech, LP), Credit Agreement (QTS Realty Trust, Inc.)
Removal of Real Estate from the Unencumbered Asset Pool. Provided no Default or Event of Default shall have occurred hereunder and be continuing (or would exist immediately after giving effect to the transactions contemplated by this §5.4)) and the Borrower remains in compliance with the covenants set forth in §9, the Agent shall remove Real Estate from the Unencumbered Asset Pool in connection with a sale, other disposition or refinance upon the request of the Borrower subject to and upon the following terms and conditions:
Appears in 3 contracts
Samples: Assignment and Acceptance Agreement (QualityTech, LP), Credit Agreement (QTS Realty Trust, Inc.), Credit Agreement (QTS Realty Trust, Inc.)
