CCPT IV definition

CCPT IV means Xxxx Credit Property Trust IV, Inc., a Maryland corporation, together with its successors.

Examples of CCPT IV in a sentence

  • Borrower shall not declare, make or pay any dividend or distribution if after giving effect thereto an Event of Default shall have occurred and be continuing; provided, however, notwithstanding the foregoing, Borrower may make distributions in the amount necessary to maintain the tax status of CCPT IV as a real estate investment trust under Section 856 of the Code.

  • Notwithstanding anything in this Agreement to the contrary, Borrower and CCPT IV will be required to timely deliver such financial information as may be necessary to promptly and accurately calculate any financial ratio or covenant required under this Agreement even if such information is not specifically enumerated herein.

  • Borrower and CCPT IV shall be deemed to have complied with the foregoing requirements, if CCPT IV provides to Administrative Agent CCPT IV’s Form 10-Q that is filed with the SEC within the time frame set forth above.

  • CCPT IV Pool II (Loan No. 28) Single tenant at each of Stuttgart, Arkansas and Sxxxxxx, West Virginia properties (Tractor Supply) has Right of First Refusal (ROFR) to purchase the subject property if a bona fide offer is received that the borrower is otherwise willing to accept; Each ROFR is not extinguished by foreclosure; however, each ROFR does not apply to foreclosure or deed in lieu thereof.

  • As of the end of each fiscal quarter of CCPT IV commencing with the fiscal quarter ending June 30, 2012, the ratio of EBITDA for the four (4) fiscal quarters ending on such date to Consolidated Debt Service for the four (4) fiscal quarters ending on such date shall not be less than 1.5:1.00.

  • Borrower and CCPT IV shall be deemed to have complied with the foregoing requirements, if CCPT IV provides to Administrative Agent CCPT IV’s Form 10-K that is filed with the SEC within the time frame set forth above.

  • Administrative Agent shall have reasonably determined that no Material Adverse Change has occurred with respect to Borrower or CCPT IV, or when taken as a whole, the Subsidiary Guarantors, since the most recent financial statements and reports provided to Administrative Agent.

  • Borrower shall also provide such other information concerning Borrower, CCPT IV, Subsidiary Guarantor, the Qualified Properties, and the assets, business, financial condition, operations, prospects and results of operations of Borrower as Administrative Agent reasonably requests from time to time.

  • Commencing with the filing of its first tax return, CCPT IV shall have qualified, and shall thereafter remain qualified, as a real estate investment trust under Section 856 of the Code.

  • Unless Administrative Agent consents in writing, neither Borrower nor any Subsidiary Guarantor shall permit CCPT IV to amend, modify, restate, supplement or terminate any Formation Document in any manner that would adversely affect the rights of Administrative Agent or any Lender in any material respect, as determined by Administrative Agent in its sole but reasonable business judgment discretion.

Related to CCPT IV

  • Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.

  • Portfolio Companies means any Person in which any Fund owns or has made, directly or indirectly, an investment.

  • Special Purpose Investment Personnel means each SEI Access Person who, in connection with his or her regular functions (including, where appropriate, attendance at Board meetings and other meetings at which the official business of a Trust or any Fund thereof is discussed or carried on), obtains contemporaneous information regarding the purchase or sale of a Security by a Fund. Special Purpose Investment Personnel shall occupy this status only with respect to those Securities as to which he or she obtains such contemporaneous information.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • DT means the period of time in which the Participants have to apply for a certain number of Lots at a price to be chosen among those published by FluxSwiss.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • CFC Holding Company means any Domestic Subsidiary that owns no material assets (directly or indirectly) other than Equity Interests and debt of one or more CFCs or Domestic Subsidiaries that are themselves CFC Holding Companies.

  • Special Purpose Subsidiary means any (a) not-for-profit Subsidiary, (b) captive insurance company or (c) Receivables Subsidiary and any other Subsidiary formed for a specific bona fide purpose not including substantive business operations and that does not own any material assets, in each case, that has been designated as a “Special Purpose Subsidiary” by the Borrower.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Hybrid Entity means a single legal entity that is a covered entity and whose business activities include both covered and non-covered functions, and that designates health care components in accordance with 45 C.F.R. § 164.105(a)(2)(iii)(C). A Hybrid Entity is required to designate as a health care component, any other components of the entity that provide services to the covered functions for the purpose of facilitating the sharing of Protected Health Information with such functions of the hybrid entity without business associate agreements or individual authorizations. The District of Columbia is a Hybrid Covered Entity.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • FSHCO means any Subsidiary that owns no material assets other than the Equity Interests of one or more Foreign Subsidiaries that are CFCs and/or of one or more FSHCOs.

  • Special Purpose Securitization Subsidiary means (i) a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Securitization Financing for the acquisition of Securitization Assets or interests therein, and which is organized in a manner (as determined by the Borrower in good faith) intended to reduce the likelihood that it would be substantively consolidated with Holdings (prior to a Qualified IPO), the Borrower or any of the Subsidiaries (other than Special Purpose Securitization Subsidiaries) in the event Holdings (prior to a Qualified IPO), the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law) and (ii) any subsidiary of a Special Purpose Securitization Subsidiary.

  • CFC means a “controlled foreign corporation” within the meaning of Section 957 of the Code.

  • Performing Non-Cash Pay High Yield Securities means Performing High Yield Securities other than Performing Cash Pay High Yield Securities.