Collateral Pool Assets definition

Collateral Pool Assets means the collective reference to the Initial Collateral Pool Assets and any other Properties added as "Collateral Pool Assets" from time to time under Section 2.20 hereof, provided that the term "Collateral Pool Assets" as of any date shall not include any Collateral Pool Asset which has been previously released from the applicable Mortgage under the procedure set forth in Section 2.19(c) hereof (and not subsequently added as a "Collateral Pool Asset" under Section 2.20).
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Collateral Pool Assets means at any time the Eligible Collateral Assets comprising the Collateral Pool;
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Examples of Collateral Pool Assets in a sentence

  • The Administrative Agent shall have received a copy of all recorded documents with respect to the Initial Collateral Pool Assets referred to, or listed as exceptions to title in, the title policy or policies referred to in Section 4.1(n) and a copy, certified by such parties as the Administrative Agent may deem appropriate, of all other documents affecting the Properties covered by each Mortgage, including without limitation copies of any ground leases on any of such Properties.

  • Cause all Collateral Pool Assets to continue to meet all the requirements included in the definition of "Eligible Property" hereunder (except for the condition regarding 60% occupancy in subsection (x) of those requirements).

  • The Administrative Agent shall have received current Appraisal Summaries which shall indicate the Collateral Pool Asset Value for each of the Initial Collateral Pool Assets.

  • Notwithstanding anything to the contrary in this Agreement or Exhibit K, so long as any portion of the Collateral Pool Assets is located in the State of Texas, no replacement note or notes will be issued that would require a modification to the Mortgages or such Collateral Pool Assets unless the selling Lender pays for replacement title insurance policies therefor.

  • Originals of the Loan Documents (in such quantities as the Lenders may reasonably request), including the Mortgage Amendments for all Initial Collateral Pool Assets, duly executed by authorized officers of the appropriate entity.

  • Such investigation and testing shall be completed within sixty (60) days from the Agreement Effective Date and if the results are unsatisfactory to Administrative Agent it can require such Properties to not be included as Collateral Pool Assets in which case Borrower shall make any payment required by Section 2.19(b) within the time period provided therein.

  • Collateral Pool Assets...................................................................

  • The Borrower will, and will cause each of its Subsidiary Guarantors to, do all things necessary to maintain, preserve, protect and keep their respective Collateral Pool Assets, reasonably necessary for the continuous operation of the Collateral Pool Assets, in good repair, working order and condition, ordinary wear and tear excepted.

  • Cause all items designated as "Immediate Repairs" in the Property Condition Report prepared by IVI Architects Engineers and Construction Consultants in connection with the Initial Collateral Pool Assets to be completed within sixty 6 months after the Agreement Execution.

  • Procedures for Addition of Collateral Pool Assets........................................