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Common use of Unencumbered Asset Pool Clause in Contracts

Unencumbered Asset Pool. The outstanding principal balance of all Unsecured Debt shall not be greater than the Unencumbered Asset Pool Availability.

Appears in 5 contracts

Sources: Credit Agreement (CoreSite Realty Corp), Term Loan Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

Related Clauses

  • Unencumbered Assets
  • Unencumbered Properties
  • Maintenance of Total Unencumbered Assets
  • Borrowing Base Properties
  • Appraised Value

Parent Clauses

  • FINANCIAL COVENANTS
  • Conditions
  • Effective Date
  • The Facility
  • Unencumbered Asset Pool Additions and Exclusions of Properties

Sub-Clauses

  • Release of Certain Guarantors
  • Additional Subsidiary Guarantors
  • Removal of Real Estate from the Unencumbered Asset Pool
  • Initial Unencumbered Asset Pool
  • Unsecured Obligations
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