Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i) above, Lender shall have the right to use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 4 contracts
Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Education Realty Trust, Inc.)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i) above, Lender shall have the right to may in its sole discretion use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i7.05(b)(i) above, Lender shall have the right to use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i6.14(b)(i) above, Lender shall have the right to use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Education Realty Trust, Inc.)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i6.12(b)(i) above, Lender shall have the right to use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Sun Communities Inc)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i5.11(b)(i) above, Lender shall have has the right to use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Colonial Realty Limited Partnership)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i5.11(b)(i) above, Lender shall have the right to use monies drawn under the Letter of Credit for any of the following purposes:
Appears in 1 contract
Samples: Master Credit Facility Agreement (Newcastle Investment Corp)
Default Draws. If Lender draws under the Letter of Credit pursuant to Section 6.15(b)(i6.12(b)(i) above, Lender shall have the right to use monies drawn under the Letter of Credit for to prepay any of the following purposes:Note.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Senior Housing Properties Trust)
