Delivery of Letters of Credit. (a) In lieu of making the payments to any of the Reserve Funds, Borrower may deliver to Lender a Letter of Credit in accordance with the provisions of this Section 6.10.
Appears in 3 contracts
Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust)
Delivery of Letters of Credit. (a) In lieu of making the payments to any of the Reserve Funds, Borrower may deliver to Lender a Letter of Credit in accordance with the provisions of this Section 6.106.11.
Appears in 2 contracts
Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)
Delivery of Letters of Credit. (a) In lieu of making the payments to any one or more of the Reserve Funds, Borrower may from time to time deliver to Lender a Letter of Credit or amendments thereto in accordance with the provisions of this Section 6.10.
Appears in 1 contract
Samples: Loan Agreement (Kindercare Learning Centers Inc /De)
Delivery of Letters of Credit. (a) In lieu of making the payments to any of the Reserve Funds, Borrower may deliver to Lender a Letter of Credit in accordance with the provisions of this Section 6.106.8.
Appears in 1 contract
Delivery of Letters of Credit. (a) In lieu of making the payments to any of the Reserve Funds (other than the Tax and Insurance Reserve Funds and Low DSCR Reserve Funds), Borrower may deliver to Lender a Letter of Credit in accordance with the provisions of this Section 6.107.6.
Appears in 1 contract
Samples: Loan Agreement (Hcp, Inc.)
