Unencumbered Property Subsidiary. Each direct and indirect Wholly Owned Subsidiary of the Borrower that is the Direct Owner of an Unencumbered Property or an Indirect Owner of any such Direct Owner and each of which shall be organized under the laws of a State in the United States.
Appears in 5 contracts
Samples: Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.)
Unencumbered Property Subsidiary. Each direct and indirect A Wholly Owned Subsidiary of the Borrower that is the Direct Owner of directly owns or, pursuant to a Ground Lease, leases an Unencumbered Pool Asset. An Unencumbered Property or an Indirect Owner Subsidiary shall include any Subsidiary Guarantor as a result of any such Direct Owner and each clause (a) of which shall be organized under the laws definition of a State in the United StatesMaterial Subsidiary.
Appears in 4 contracts
Samples: Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.), Credit Agreement (Global Net Lease, Inc.)
Unencumbered Property Subsidiary. Each direct and indirect A Wholly Owned Subsidiary of the Borrower that is the Direct Owner of an Unencumbered Property or an Indirect Owner of any such Direct Owner and each of which shall be organized under the laws of owns or, pursuant to a State in the United StatesGround Lease, leases a Subject Property.
Appears in 2 contracts
Samples: Credit Agreement (Gladstone Commercial Corp), Credit Agreement (Gladstone Commercial Corp)
Unencumbered Property Subsidiary. Each direct and indirect A Wholly Owned Subsidiary of the Borrower that is the Direct Owner of directly owns or leases an Unencumbered Property. An Unencumbered Property or an Indirect Owner Subsidiary may be a Subsidiary Guarantor as provided in clause (a) of any such Direct Owner and each the definition of which shall be organized under the laws of a State in the United StatesMaterial Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (CyrusOne Inc.)
Unencumbered Property Subsidiary. Each direct and indirect A Wholly Owned Subsidiary of the Borrower or Controlled Joint Venture that is the Direct Owner of directly owns or leases an Unencumbered Property. An Unencumbered Property or an Indirect Owner Subsidiary may be a Subsidiary Guarantor as provided in clause (a) of any such Direct Owner and each the definition of which shall be organized under the laws of a State in the United StatesMaterial Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (CyrusOne Inc.)
