Examples of Geographical Diversification Requirements in a sentence
The Borrower hereby requests that the Lender inform the Borrower of any change in the Geographical Diversification Requirements.
For each Request on or after the First Anniversary, the Geographical Diversification Requirements shall be satisfied.
Except in connection with a Credit Facility Termination Request or a Rollover Variable Advance, the Mortgaged Properties in the Collateral Pool shall comply with the Geographical Diversification Requirements.
The Borrower shall maintain Mortgaged Properties in the Collateral Pool so that the Collateral Pool consists of at least four (4) Mortgaged Properties located in at least two (2) SMSA’s, provided, however, that, upon the occurrence of any increase in the Commitment pursuant to Article VIII, the Borrower shall at all times thereafter cause the Collateral Pool to satisfy such other Geographical Diversification Requirements as the Lender may determine and notify Borrower of at the time of the increase.
The Mortgaged Properties in the Collateral Pool satisfy the Geographical Diversification Requirements.