Common use of Disbursement to Borrowers Clause in Contracts

Disbursement to Borrowers. Borrowers may request and receive only one borrowing in respect of the Loan and any amount borrowed and repaid in respect of the Loan may not be reborrowed.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

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Disbursement to Borrowers. Borrowers may request and receive only one borrowing hereunder in respect of the Loan and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowedre-borrowed.

Appears in 2 contracts

Samples: Loan Agreement (STAG Industrial, Inc.), Loan Agreement (Glimcher Realty Trust)

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Disbursement to Borrowers. Borrowers may request and receive only one borrowing hereunder in respect of the Loan in a single advance on the Closing Date and any amount borrowed and repaid hereunder in respect of the Loan may not be reborrowed.

Appears in 1 contract

Samples: Loan Agreement (Grove Property Trust)

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