Initial Borrowing Base Properties. As of the Agreement Date, the Lenders have approved for inclusion in calculations of the Borrowing Base the Properties identified on Schedule 4.1. Upon satisfaction of the conditions set forth in Section 4.2., such Properties shall become Borrowing Base Properties.
Appears in 2 contracts
Sources: Credit Agreement (Pacific Office Properties Trust, Inc.), Credit Agreement (U-Store-It Trust)
Initial Borrowing Base Properties. As of the Agreement Datedate hereof, the Lenders have approved for inclusion in calculations of the Borrowing Base Base, the Properties identified on Schedule 4.1. Upon satisfaction of the conditions set forth in Section 4.2., such Properties shall become as well as the Borrowing Base PropertiesValue initially attributable to each such Property.
Appears in 2 contracts
Sources: Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)
Initial Borrowing Base Properties. As of the Agreement Date, the Lenders have approved for inclusion in calculations of the Borrowing Base the Properties identified indentified on Schedule 4.1. Upon satisfaction of the conditions set forth in Section 4.2., such Properties shall become Borrowing Base Properties.
Appears in 1 contract
Sources: Credit Agreement (Excel Trust, Inc.)