Common use of Accounts Receivable From Related Persons Clause in Contracts

Accounts Receivable From Related Persons. Permit or allow the aggregate of accounts receivable and other loans and indebtedness owed by Related Persons to the Borrowers to exceed the sum of Five Hundred Thousand Dollars ($500,000.00) in the aggregate as to both Borrowers.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc), Revolving Credit Agreement (Mid America Apartment Communities Inc)

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Accounts Receivable From Related Persons. Permit or allow the aggregate of accounts receivable and other loans and indebtedness owed by Related Persons Parties to the Borrowers Borrower to exceed the sum of Five Hundred Thousand One Million Dollars ($500,000.001,000,000.00) in the aggregate as to both Borrowersthe Borrower.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc)

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Accounts Receivable From Related Persons. Permit or allow the aggregate of accounts receivable and other loans and indebtedness owed by Related Persons to the Borrowers to exceed the sum of Five Hundred Thousand Dollars ($500,000.00) in the aggregate as to both Borrowers. 6.4.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc)

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