Common use of Unencumbered Borrowing Base Properties Clause in Contracts

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)

AutoNDA by SimpleDocs

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.)

AutoNDA by SimpleDocs

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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!