Examples of Initial Borrowing Base Properties in a sentence
Administrative Agent and the Lenders hereby approve all Initial Borrowing Base Properties for admission into the Borrowing Base.
Notwithstanding the foregoing guidelines, Administrative Agent and Lenders hereby approve all Initial Borrowing Base Properties.
As of the Closing Date, the Borrowing Base Properties shall consist of the Initial Borrowing Base Properties set forth on Schedule 4.01.
As of the Closing Date, the Borrowing Base shall consist of the Initial Borrowing Base Properties.
Receipt by Agent of judgment, bankruptcy, UCC, litigation and tax lien searches showing no material monetary encumbrances with respect to the Borrower (including JLC/BUSF Associates LLC), Guarantor, Trade Street Residential, Inc., Trade Street Operating Partnership, L.P., the Initial Borrowing Base Properties, and other Collateral or material liabilities of the Parent Borrower or Guarantor other than as contemplated by the Term Sheet or the Loan Documents.