New Mortgaged Properties definition
Examples of New Mortgaged Properties in a sentence
The Lenders shall have received a satisfactory environmental review with respect to the New Mortgaged Properties specified on Annex I.
The Lenders shall have received a satisfactory environmental review with respect to the New Mortgaged Properties.
The New Mortgaged Properties are owned by the respective Subsidiaries of the Borrower described on such Exhibit A (the “New Collateral Subsidiaries”) and are subject to the terms of those certain loan agreements or other financing arrangements also described on such Exhibit A (collectively, the “New Senior Credit Agreements”).
The Agent and the Arrangers shall have received Phase I environmental review reports with respect to each of the Initial Mortgaged Properties and the New Mortgaged Properties from Environ International Corporation or another environmental assessment firm satisfactory to the Agent and the Arrangers in their Permitted Discretion, which review reports shall be reasonably satisfactory in form and substance to the Agent and the Arrangers.
The Administrative Agent shall have received a Mortgage covering each of the New Mortgaged Properties.