Approved SOHO Philly Asset Sale

Example Definitions of "Approved SOHO Philly Asset Sale"
Approved SOHO Philly Asset Sale. Either an Asset Sale by the Borrower of its ownership interests in SOHO Philly or an Asset Sale by SOHO Philly of the hotel real property owned by it, in each case where the Net Asset Sale Proceeds thereof are at least $53,000,000 and the Borrower permanently prepays the Loan in the aggregate amount of such Net Asset Sale Proceeds no later than the second Business Day following the receipt by the Borrower or SOHO Philly of such Net Asset Sale Proceeds
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