Common use of Unencumbered Properties Clause in Contracts

Unencumbered Properties. Each Property identified by the Borrower as an Unencumbered Property in the most-recent Compliance Certificate delivered to the Administrative Agent hereunder satisfies the criteria set forth in the definition of Unencumbered Property Criteria.

Appears in 7 contracts

Sources: Credit Agreement (Sabra Health Care REIT, Inc.), Credit Agreement (Sabra Health Care REIT, Inc.), Credit Agreement (Sabra Health Care REIT, Inc.)

Unencumbered Properties. Each Property identified by the Borrower as an Unencumbered Property in the most-most recent Compliance Certificate Unencumbered Property Report delivered to the Administrative Agent hereunder satisfies the criteria set forth in the definition of fully qualifies as an Unencumbered Property Criteriaas of the date of such Unencumbered Property Report.

Appears in 7 contracts

Sources: Revolving Credit Agreement (Clarion Partners Real Estate Income Fund Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.), Revolving Credit Agreement (Invesco Real Estate Income Trust Inc.)