Common use of Project Property Clause in Contracts

Project Property. The Real Property set forth on Schedule 3.05(e) constitutes all of the real property currently owned or leased by Borrower and used in the development of the Project, and no other Real Property is necessary to complete the development of the Project and begin operations.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Stockbridge/Sbe Investment Company, LLC), Loan Agreement (Stockbridge/Sbe Investment Company, LLC)

Project Property. The Real Property set forth on Schedule 3.05(e3.05(f) constitutes all of the real property currently owned or leased by Borrower the Loan Parties and used in the development of the Project, and no other Real Property is necessary to complete the development of the Project and begin operations.

Appears in 1 contract

Sources: Credit Agreement (Revel Entertainment Group, LLC)

Project Property. The Real Property set forth on Schedule 3.05(e) constitutes all of the real property currently owned or leased by Borrower the Loan Parties and used in the development of the Project, and no other Real Property is necessary to complete the development of the Project and begin operations.

Appears in 1 contract

Sources: Credit Agreement (Stockbridge/Sbe Investment Company, LLC)

Project Property. The As of the Closing Date, the Real Property set forth on Schedule 3.05(e3.05(d) constitutes all of the real property currently owned or leased by Borrower the Loan Parties and used in the development of the Project, and no other Real Property is necessary to complete the development of the Project and begin operations.

Appears in 1 contract

Sources: Debt Agreement (Revel AC, Inc.)

Project Property. The Real Property set forth on Schedule 3.05(e3.05(d) constitutes all of the real property currently owned or leased by Borrower the Loan Parties and used in the development of the Project, and no other Real Property is necessary to complete the development of the Project and begin operations.

Appears in 1 contract

Sources: Credit Agreement (Stockbridge/Sbe Investment Company, LLC)