Common use of Amendment of Loan Documents Clause in Contracts

Amendment of Loan Documents. The Loan Documents are hereby amended as follows: 1 (a) The Maturity Date of the Credit Facility shall be December 31, 2015, or the date, following the occurrence of an Event of Default, on which the Lender notifies the Borrower that the entire Principal Balance, together with all accrued interest thereon, the amount of all outstanding Letters of Credit, and all fees, charges and expenses, and all other sums payable under the Credit Agreement, the Note and the other Loan Documents, shall become due and payable. (b) As used in the Credit Agreement and the other Loan Documents, the term “Maturity Date” shall mean the Maturity Date described in Paragraph 3(a) of this Amendment.

Appears in 1 contract

Samples: Loan Agreement

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Amendment of Loan Documents. The Loan Documents are hereby amended as follows: 1: (a) The Maturity Date of the Credit Facility shall be December 31, 20152016, or the date, following the occurrence of an Event of Default, on which the Lender notifies the Borrower that the entire Principal Balance, together with all accrued interest thereon, the amount of all outstanding Letters of Credit, and all fees, charges and expenses, and all other sums payable under the Credit Agreement, the Note and the other Loan Documents, shall become due and payable. (b) As used in the Credit Agreement and the other Loan Documents, the term “Maturity Date” shall mean the Maturity Date described in Paragraph 3(a) of this Amendment.

Appears in 1 contract

Samples: Loan Agreement (Pacific Office Properties Trust, Inc.)

Amendment of Loan Documents. The Loan Documents are hereby amended as follows: 1: (a) The Maturity Date of the Credit Facility shall be December 31, 20152019, or the date, following the occurrence of an Event of Default, on which the Lender notifies the Borrower that the entire Principal Balance, together with all accrued interest thereon, the amount of all outstanding Letters of Credit, and all fees, charges and expenses, and all other sums payable under the Credit Agreement, the Note and the other Loan Documents, shall become due and payable. (b) As used in the Credit Agreement and the other Loan Documents, the term “Maturity Date” shall mean the Maturity Date described in Paragraph 3(a) of this Amendment.

Appears in 1 contract

Samples: Loan Agreement (Pacific Office Properties Trust, Inc.)

Amendment of Loan Documents. The Loan Documents are hereby amended as follows: 1: (a) The Maturity Date of the Credit Facility shall be December 31, 2015, or the date, following the occurrence of an Event of Default, on which the Lender notifies the Borrower that the entire Principal Balance, together with all accrued interest thereon, the amount of all outstanding Letters of Credit, and all fees, charges and expenses, and all other sums payable under the Credit Agreement, the Note and the other Loan Documents, shall become due and payable. (b) As used in the Credit Agreement and the other Loan Documents, the term “Maturity Date” shall mean the Maturity Date described in Paragraph 3(a) of this Amendment.

Appears in 1 contract

Samples: Loan Agreement (Pacific Office Properties Trust, Inc.)

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Amendment of Loan Documents. The Loan Documents are hereby amended as follows: 1: (a) The Maturity Date of the Credit Facility shall be December 31, 20152017, or the date, following the occurrence of an Event of Default, on which the Lender notifies the Borrower that the entire Principal Balance, together with all accrued interest thereon, the amount of all outstanding Letters of Credit, and all fees, charges and expenses, and all other sums payable under the Credit Agreement, the Note and the other Loan Documents, shall become due and payable. (b) As used in the Credit Agreement and the other Loan Documents, the term “Maturity Date” shall mean the Maturity Date described in Paragraph 3(a) of this Amendment.

Appears in 1 contract

Samples: Loan Agreement (Pacific Office Properties Trust, Inc.)

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