Common use of Initial Borrowing Base Properties Clause in Contracts

Initial Borrowing Base Properties. The Real Properties identified on Schedule 2.05 shall, on the Effective Date, be Borrowing Base Properties, and the Borrowing Base initially attributable to such Borrowing Base Properties shall be as set forth on Schedule 2.05.

Appears in 2 contracts

Sources: Credit Agreement (American Realty Capital Global Trust II, Inc.), Credit Agreement (American Realty Capital Global Trust, Inc.)

Initial Borrowing Base Properties. The Real Properties identified on Schedule 2.05 shall, on the Effective Date, be Borrowing Base Properties, and the Borrowing Base initially attributable to such Borrowing Base Properties shall be as set forth on Schedule 2.05.

Appears in 1 contract

Sources: Credit Agreement (American Realty Capital Trust V, Inc.)