Conditions Precedent to Letters of Credit. The right or requirement of Borrower to provide a Letter of Credit in connection with this Agreement is subject to Lender’s determination that each of the following conditions precedent has been satisfied:
Appears in 5 contracts
Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Colonial Realty Limited Partnership)
Conditions Precedent to Letters of Credit. The right or requirement of a Collateral Pool Borrower to provide a Letter of Credit in connection with this Agreement is subject to Lender’s determination that each of the following conditions precedent has been satisfied:
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Archstone Smith Operating Trust)
Conditions Precedent to Letters of Credit. The right or requirement of Borrower to provide a Letter of Credit in connection with this Agreement is subject to Lender’s determination that each satisfaction of the following conditions precedent has been satisfiedprecedent:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Newcastle Investment Corp)
