Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. shall, on the Amendment No. 7 Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Value initially attributable to such Borrowing Base Properties shall be as set forth in the Compliance Certificate delivered to the Administrative Agent on the Amendment No. 7 Effective Date.
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Sources: Term Loan Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust), Term Loan Agreement (RLJ Lodging Trust)
Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. shall, on the Amendment No. 7 5 Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Value initially attributable to such Borrowing Base Properties shall be as set forth on Schedule 4.1in the Compliance Certificate delivered to the Administrative Agent on the Amendment No. 7 Effective Date.5
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Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. shall, on the Amendment No. 7 1 Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Value initially attributable to such Borrowing Base Properties shall be as set forth on Schedule 4.1in the Compliance Certificate delivered to the Administrative Agent on the Amendment No. 7 Effective Date.1
Appears in 1 contract
Sources: Credit Agreement (RLJ Lodging Trust)
Initial Borrowing Base Properties. The Properties identified on Schedule 4.1. shall, on the Amendment No. 7 5 Effective Date, be the initial Borrowing Base Properties, and the Unencumbered Asset Value initially attributable to such Borrowing Base Properties shall be as set forth in the Compliance Certificate delivered to the Administrative Agent on the Amendment No. 7 5 Effective Date.
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