Common use of Unencumbered Assets Clause in Contracts

Unencumbered Assets. As of the Agreement Date, Schedule 6.1.(z) is a correct and complete list of each Wholly Owned Property, Controlled Property and Non-Controlled Property included as of the Agreement Date in the calculation of Unencumbered Asset Value. Except as set forth on such Schedule, each of the Properties included by the Borrower in calculations of Unencumbered Asset Value is an Eligible Property.

Appears in 6 contracts

Samples: Term Loan Agreement (Federal Realty OP LP), Credit Agreement (Federal Realty OP LP), Term Loan Agreement (Federal Realty Investment Trust)

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Unencumbered Assets. As of the Agreement Date, Schedule 6.1.(z) is a correct and complete list of each Wholly Owned Property, Controlled Property and Non-Controlled Property included as of the Agreement Date in the calculation of all Unencumbered Asset ValueAssets. Except as set forth on such Schedule, each Each of the Properties included by the Borrower in calculations of Unencumbered Asset Value is an Eligible Propertysatisfies all of the requirements contained in the definition of “Unencumbered Asset”.

Appears in 4 contracts

Samples: Credit Agreement (Hospitality Properties Trust), Term Loan Agreement (Hospitality Properties Trust), Credit Agreement (Hospitality Properties Trust)

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