Unencumbered Borrowing Base Properties. (a) Subject to clause (b) of this §7.17, the Eligible Real Estate included in the calculation of the Borrowing Base Availability and inclusion as Unencumbered Borrowing Base Properties shall at all times satisfy all of the following conditions:
Appears in 3 contracts
Samples: Term Loan Agreement (Mid America Apartment Communities Inc), Term Loan Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)
Unencumbered Borrowing Base Properties. (a) Subject to clause (b) of this §7.17, the Eligible Real Estate included in the calculation of the Borrowing Base Availability Unencumbered Adjusted NOI, and Unencumbered Asset Value and inclusion as Unencumbered Borrowing Base Properties shall at all times satisfy all of the following conditions:
Appears in 2 contracts
Samples: Term Loan Agreement (Mid-America Apartments, L.P.), Term Loan Agreement (Mid-America Apartments, L.P.)
Unencumbered Borrowing Base Properties. (a) Subject to clause (b) of this §7.17, the Eligible Real Estate included in the calculation of the Borrowing Base Availability Availability, Unencumbered Adjusted NOI, and Unencumbered Asset Value and inclusion as Unencumbered Borrowing Base Properties shall at all times satisfy all of the following conditions:
Appears in 1 contract
Samples: Credit Agreement (Mid America Apartment Communities Inc)