Changes in Interest Rate, etc. Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate Advance pursuant to Section 2.10 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 hereof, at a rate per annum equal to the Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 6 contracts
Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp)
Changes in Interest Rate, etc. Each Base Rate ABR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate ABR Advance pursuant to Section 2.10 2.11 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.11 hereof, at a rate per annum equal to the Base ABR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate ABR Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Duke Realty Limited Partnership/), Revolving Credit Agreement (Duke Realty Corp), Revolving Credit Agreement (Duke Realty Corp)
Changes in Interest Rate, etc. Each Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Rate Advance into a Base Floating Rate Advance pursuant to Section 2.10 to but excluding the date it becomes due or is converted into a LIBOR Rate Advance pursuant to Section 2.10 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Rate Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Rate Advance.
Appears in 5 contracts
Samples: Secured Line of Credit Loan Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust)
Changes in Interest Rate, etc. Each Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Rate Advance into a Base Floating Rate Advance pursuant to Section 2.10 2.9 to but excluding the date it becomes due or is converted into a LIBOR Rate Advance pursuant to Section 2.10 2.9 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Rate Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Rate Advance.
Appears in 4 contracts
Samples: Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust), Credit Agreement (Glimcher Realty Trust)
Changes in Interest Rate, etc. Each Base Rate CBR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate CBR Advance pursuant to Section SECTION 2.10 to but excluding the date it becomes due is paid or is converted into a LIBOR Advance pursuant to Section SECTION 2.10 hereof, at a rate per annum equal to the Base CBR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate CBR Advance will take effect simultaneously with each change in the Corporate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate LIBOR Rate determined as applicable to such LIBOR Advance.
Appears in 3 contracts
Samples: Unsecured Revolving Credit Agreement (Centerpoint Properties Corp), Unsecured Revolving Credit Agreement (Centerpoint Properties Trust), Unsecured Revolving Credit Agreement (Centerpoint Properties Trust)
Changes in Interest Rate, etc. Each Base Rate CBR Advance or part thereof shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate CBR Advance pursuant to Section 2.10 2.12 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.12 hereof, at a rate per annum equal to the Base CBR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate CBR Advance will take effect simultaneously with each change in the Corporate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 3 contracts
Samples: Unsecured Revolving Credit Agreement (Susa Partnership Lp), Unsecured Revolving Credit Agreement (Susa Partnership Lp), Unsecured Revolving Credit Agreement (Susa Partnership Lp)
Changes in Interest Rate, etc. Each Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Rate Advance into a Base Floating Rate Advance pursuant to Section 2.10 2.9 to but excluding the date it becomes due or is converted into a LIBOR Rate Advance pursuant to Section 2.10 2.9 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Rate Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined LIBOR Rate as applicable to such LIBOR Rate Advance.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (InvenTrust Properties Corp.), Term Loan Credit Agreement (InvenTrust Properties Corp.)
Changes in Interest Rate, etc. Each Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Floating Rate Advance pursuant to Section 2.10 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 2 contracts
Samples: Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)
Changes in Interest Rate, etc. Each Base Rate ABR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate an ABR Advance pursuant to Section 2.10 2.11 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.11 hereof, at a rate per annum equal to the Base applicable ABR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate an ABR Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Duke Realty Limited Partnership/), Revolving Credit and Term Loan Agreement (Duke Realty Limited Partnership/)
Changes in Interest Rate, etc. Each Base Rate ABR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate ABR Advance pursuant to Section 2.10 2.11 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.11 hereof, at a rate per annum equal to the Base ABR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate ABR Advance will take effect simultaneously with each change in the Base ABR Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 2 contracts
Samples: Term Loan Agreement (Duke Realty Corp), Term Loan Agreement (Duke Realty Limited Partnership/)
Changes in Interest Rate, etc. Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Rate Advance into a Base Rate Advance pursuant to Section 2.10 2.12 to but excluding the date it becomes due or is converted into a LIBOR Rate Advance pursuant to Section 2.10 2.12 hereof, at a rate per annum equal to the Base Rate plus the Base Rate Applicable Margin for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate. Each LIBOR Rate Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Rate Advance.
Appears in 2 contracts
Samples: Credit Agreement (Inland Diversified Real Estate Trust, Inc.), Credit Agreement (Inland Diversified Real Estate Trust, Inc.)
Changes in Interest Rate, etc. Each Base Rate Prime Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate Prime Advance pursuant to Section 2.10 to but excluding the date it becomes due is paid or is converted into a LIBOR Advance pursuant to Section 2.10 hereof, at a rate per annum equal to the Base Adjusted Prime Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate Prime Advance will take effect simultaneously with each change in the Base Prime Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate LIBOR Rate determined as applicable to such LIBOR Advance.
Appears in 2 contracts
Samples: Unsecured Revolving Credit Agreement (Centerpoint Properties Trust), Unsecured Revolving Credit Agreement (Centerpoint Properties Trust)
Changes in Interest Rate, etc. Each Base Rate CBR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate CBR Advance pursuant to Section 2.10 SECTION 2.11 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 SECTION 2.11 hereof, at a rate per annum equal to the Base CBR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate CBR Advance will take effect simultaneously with each change in the Corporate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 1 contract
Samples: Revolving Credit Agreement (Duke Weeks Realty Limited Partnership)
Changes in Interest Rate, etc. Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate Advance pursuant to Section 2.10 2.8 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.8 hereof, at a rate per annum equal to the Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 1 contract
Samples: Senior Secured Term Loan Agreement (Terreno Realty Corp)
Changes in Interest Rate, etc. Each Base Rate CBR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate CBR Advance pursuant to Section 2.10 SECTION 2.11 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 SECTION 2.11 hereof, at a rate per annum equal to the Base CBR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate CBR Advance will take effect simultaneously with each change in the Corporate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 1 contract
Samples: Revolving Credit Agreement (Duke Weeks Realty Limited Partnership)
Changes in Interest Rate, etc. Each Base Rate ABR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate an ABR Advance pursuant to Section 2.10 2.9 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.9 hereof, at a rate per annum equal to the Alternate Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate an ABR Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance. No Interest Period may end after the Facility Termination Date.
Appears in 1 contract
Samples: Credit Agreement (MDC Holdings Inc)
Changes in Interest Rate, etc. Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR LIBORSOFR Advance into a Base Rate Advance pursuant to Section 2.10 to but excluding the date it becomes due or is converted into a LIBOR LIBORSOFR Advance pursuant to Section 2.10 hereof, at a rate per annum equal to the Base Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate. Each LIBOR LIBORTerm SOFR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR LIBORTerm SOFR Advance.
Appears in 1 contract
Changes in Interest Rate, etc. Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Rate Advance into a Base Floating Rate Advance pursuant to Section 2.10 2.9 to but excluding the date it becomes due or is converted into a LIBOR Rate Advance pursuant to Section 2.10 2.9 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Rate Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Rate Advance.
Appears in 1 contract
Changes in Interest Rate, etc. Each Base Rate ABR Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate ABR Advance pursuant to Section 2.10 2.11 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.11 hereof, at a rate per annum equal to the Base ABR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate ABR Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 1 contract
Changes in Interest Rate, etc. Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Rate Advance into a Base Floating Rate Advance pursuant to Section 2.10 to but excluding the date it becomes due or is converted into a LIBOR Rate Advance pursuant to Section 2.10 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Rate Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Rate Advance.
Appears in 1 contract
Changes in Interest Rate, etc. Each Base Rate ABR Advance or part thereof shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Rate ABR Advance pursuant to Section 2.10 2.12 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.12 hereof, at a rate per annum equal to the Base ABR Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Rate ABR Advance will take effect simultaneously with each change in the Corporate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 1 contract
Samples: Unsecured Revolving Credit Agreement (Storage Usa Inc)
Changes in Interest Rate, etc. Each Base Floating Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Advance is made or is converted from a LIBOR Advance into a Base Floating Rate Advance pursuant to Section 2.10 2.9 to but excluding the date it becomes due or is converted into a LIBOR Advance pursuant to Section 2.10 2.9 hereof, at a rate per annum equal to the Base Floating Rate for such day. Changes in the rate of interest on that portion of any Advance maintained as a Base Floating Rate Advance will take effect simultaneously with each change in the Alternate Base Rate. Each LIBOR Advance shall bear interest from and including the first day of the LIBOR Interest Period applicable thereto to (but not including) the last day of such LIBOR Interest Period at the interest rate determined as applicable to such LIBOR Advance.
Appears in 1 contract
Samples: Credit Agreement (Developers Diversified Realty Corp)