Eligible Property Types means multi-family, office, retail, hospitality, logistics/industrial, data centers, student housing, shopping centers, self-storage and manufactured housing properties, or properties made up of any combination of the foregoing. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by Purchaser pursuant to this Agreement prior to the Purchase Date of such Eligible Asset.
Eligible Property Types means a multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing property, or property made up of any combination of the foregoing, in each case that (i) has a minimum value of $10 million as determined on the basis of (x) the applicable appraisal delivered by Seller and (y) any escrows, reserves or holdbacks related to such property, in each case by the Purchaser in its sole and absolute discretion on a case by case basis and (ii) is not undergoing, and is not scheduled to undergo, any ground-up construction or major renovation or major expansion and is free of material structural and/or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by the Purchaser under this Agreement.
Eligible Property Types means multi-family, office, retail and warehouse/industrial properties that:
Examples of Eligible Property Types in a sentence
The Maximum Available Amount is based on the applicable Collateral Basis Amounts for the Eligible Property Types calculated as set forth on SCHEDULE 1.
More Definitions of Eligible Property Types
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage, manufactured housing and senior housing (i.e. 100% age restricted independent living) properties, or properties made up of any combination of the foregoing, in each case that: (i) have a minimum value of $5 million as of the related Purchase Date as determined by Purchaser in its sole and absolute discretion on a case-by-case basis; and (ii) are not undergoing, and are not scheduled to undergo, any ground-up construction and, based upon third party reports as of the Purchase Date, are free of material structural or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its reasonable discretion with respect to any new Eligible Assets proposed to be purchased by Purchaser under this Agreement.
Eligible Property Types means office, retail, industrial, hospitality, multi-family or properties made up of any combination of the foregoing.
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing properties, or properties made up of any combination of the foregoing, in each case that: (i) have a minimum value of $5 million as determined by Purchaser in its sole and absolute discretion on a case-by-case basis; (ii) are not undergoing, and not be scheduled to undergo, any ground up construction or major expansion; and
Eligible Property Types means multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing properties, or properties made up of any combination of the foregoing, in each case that: (i) have a minimum value of $5 million as determined by Purchaser in its sole and absolute discretion on a case-by-case basis; (ii) are not undergoing, and not be scheduled to undergo, any ground up construction or major expansion; and (iii) are free of material structural and/or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by the Purchaser under this Agreement. For the avoidance of doubt, any such revisions to the Eligible Property Type criteria shall be provided by Purchaser to Seller and shall not be retroactively applied to any Purchased Assets.
Eligible Property Types means A&D Land, A&D Improvements, Developed Lots, and Units that are located in one or more Approved Projects that secure the Facility with a first priority lien or trust deed under the Mortgages (subject only to exceptions approved by Lender) and have not been included in Borrower’s Collateral Verification Certificates for longer than the “Maximum Holding Period” specified in SCHEDULE 1, if any, for the particular property type.
Eligible Property Types means a multi-family, office (subject to the Sub-Limit), retail, hospitality, industrial, self-storage and manufactured housing property, or property made up of any combination of the foregoing, in each case that (i) has a minimum value of $10 million as determined on the basis of (x) the applicable appraisal delivered by Seller and (y) any escrows, reserves or holdbacks related to such property, in each case by Purchaser in its sole and absolute discretion on a case by case basis and (ii) is not undergoing, and is not scheduled to undergo, any ground-up construction or major renovation or major expansion and is free of material structural and/or environmental defects. The Eligible Property Type criteria set forth herein may be revised by Purchaser in its sole and absolute discretion with respect to any new Eligible Assets proposed to be purchased by Purchaser under this Agreement.
Eligible Property Types means a multi-family, office, retail, hospitality, industrial, self-storage and manufactured housing property, or property made up of any combination of the foregoing, any of which may include associated parking structures, in each case that is not undergoing, and is not scheduled to undergo, any major renovation or expansion and is free of material structural and/or environmental defects.