Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 47 contracts
Samples: Credit Agreement (NNN Reit, Inc.), Credit Agreement (National Retail Properties, Inc.), Credit Agreement (Corporate Office Properties Trust)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party Obligor shall fail to pay when due any payment Obligation owing by such other Loan Party Obligor under any Loan Document to which it is a party, and such failure shall continue for a period of 5 three (3) Business DaysDays from the date such payment was due.
Appears in 17 contracts
Samples: And Term Loan Agreement (Columbia Property Trust, Inc.), Term Loan Agreement (Columbia Property Trust, Inc.), Contribution Agreement (Columbia Property Trust, Inc.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation due and owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 12 contracts
Samples: Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.), Credit Agreement (Kite Realty Group, L.P.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations (other than the principal of any Loan) owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)
Default in Payment of Interest and Other Obligations. The Any Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower Borrowers under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 7 contracts
Samples: Credit Agreement (Lepercq Corporate Income Fund L P), Credit Agreement (Lexington Realty Trust), Credit Agreement (Lexington Realty Trust)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or Agreement, any other Loan Document, Document or the Fee Letters or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.
Appears in 7 contracts
Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and any such failure shall continue for a period of 5 three Business Days.
Appears in 6 contracts
Samples: Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party Obligor shall fail to pay when due any payment Obligation owing by such other Loan Party Obligor under any Loan Document to which it is a party, and such failure shall continue for a period of 5 five (5) Business DaysDays from the date such payment was due.
Appears in 5 contracts
Samples: Credit Agreement (Parkway Properties Inc), Credit Agreement (NNN Apartment REIT, Inc.), Mezzanine Credit Agreement (NNN Apartment REIT, Inc.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 2 Business Days.
Appears in 4 contracts
Samples: Term Loan Agreement (UDR, Inc.), Credit Agreement (UDR, Inc.), Credit Agreement (United Dominion Realty Trust Inc)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Daysdays.
Appears in 3 contracts
Samples: And Consolidated Credit Agreement (First Potomac Realty Trust), Revolving Credit Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.
Appears in 3 contracts
Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 three Business Days.
Appears in 3 contracts
Samples: Credit Agreement (Heritage Property Investment Trust Inc), Credit Agreement (Heritage Property Investment Trust Inc), Term Loan Agreement (Heritage Property Investment Trust Inc)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or Agreement, any other Loan Document, Document or the Fee Letter or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.
Appears in 2 contracts
Samples: Credit Agreement (DiamondRock Hospitality Co), Credit Agreement (DiamondRock Hospitality Co)
Default in Payment of Interest and Other Obligations. The Borrower Borrowers shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower Borrowers under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 five (5) Business Days.Days from the date such payment was due. (c)
Appears in 2 contracts
Samples: Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Gables Residential Trust)
Default in Payment of Interest and Other Obligations. The Any Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower Borrowers under this Agreement or Agreement, any other Loan DocumentDocument or the Fee Letter, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 2 contracts
Samples: Term Loan Agreement (Lexington Realty Trust), Pledge Agreement (Lexington Realty Trust)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations (other than those referenced in Section 10.1.(a)) owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 five (5) Business Days.
Appears in 2 contracts
Samples: Pledge Agreement (Corporate Office Properties Trust), Pledge Agreement (Corporate Office Properties Trust)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party Obligor shall fail to pay when due any payment Obligation owing by such other Loan Party Obligor under any Loan Document to which it is a party, and such failure shall continue for a period of 5 three (3) Business Days.Days from the date such payment was due. (c)
Appears in 2 contracts
Samples: Term Loan Agreement, Term Loan Agreement
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan DocumentDocument or the Fee Letter, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 2 contracts
Samples: Term Loan Agreement (Post Apartment Homes Lp), Credit Agreement (Post Apartment Homes Lp)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Credit Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Credit Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.
Appears in 1 contract
Samples: Credit Agreement (St Joe Co)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans Loans, or shall fail to pay when due any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan DocumentDocument or the Fee Letters, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 five (5) Business DaysDays from the date upon which the applicable Loan Party received notice that such Obligation was payable.
Appears in 1 contract
Samples: Term Loan Agreement (Colonial Realty Limited Partnership)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under LEGAL02/38482536v6 this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 1 contract
Samples: Term Loan Agreement (Corporate Office Properties, L.P.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.. β
Appears in 1 contract
Samples: Credit Agreement (CubeSmart, L.P.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 two (2) Business Days.
Appears in 1 contract
Samples: Term Loan Agreement (UDR, Inc.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations (other than Obligations described in clause (a) immediately above) owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 three Business Days.
Appears in 1 contract
Samples: Credit and Security Agreement (Five Star Quality Care Inc)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan DocumentDocument or the Fee Letter, or any other Loan Party Obligor shall fail to pay when due any payment Obligation owing by such other Loan Party Obligor under any Loan Document to which it is a party, and such failure shall continue for a period of 5 five (5) Business DaysDays from the date such payment was due.
Appears in 1 contract
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or Agreement, any other Loan Document, Document or the Fee Letters or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.. 106
Appears in 1 contract
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan DocumentDocument (including, without limitation, Section 2.4(b)(ii)), or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 five (5) Business DaysDays from the date such payment was due.
Appears in 1 contract
Samples: Credit Agreement (Gables Realty Limited Partnership)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations (other than Obligations referred to in Section 10.1.(a)) owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.
Appears in 1 contract
Default in Payment of Interest and Other Obligations. The Borrower Borrowers shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower Borrowers under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.calendar days. -40-
Appears in 1 contract
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or Agreement, any other Loan Document, Document or the Fee Letters or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.. (c)
Appears in 1 contract
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans Loan or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Credit Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Credit Document to which it is a party, and such failure shall continue for a period of 5 3 Business Days.
Appears in 1 contract
Samples: Credit Agreement (St Joe Co)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans Term Loan or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party Obligor shall fail to pay when due any payment Obligation owing by such other Loan Party Obligor under any Loan Document to which it is a party, and such failure shall continue for a period of 5 three (3) Business DaysDays from the date such payment was due.
Appears in 1 contract
Samples: Term Loan Agreement (Wells Real Estate Investment Trust Ii Inc)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party to the Lender under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Daysfive days.
Appears in 1 contract
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Days.. LEGAL02/36006473v7
Appears in 1 contract
Samples: Term Loan Agreement (Corporate Office Properties, L.P.)
Default in Payment of Interest and Other Obligations. The Borrower shall fail to pay when due any interest on any of the Loans or any of the other payment Obligations owing by the Borrower under this Agreement or any other Loan Document, or any other Loan Party shall fail to pay when due any payment Obligation owing by such other Loan Party under any Loan Document to which it is a party, and such failure shall continue for a period of 5 Business Dayscalendar days.
Appears in 1 contract
