Common use of Draws Under Letter of Credit Clause in Contracts

Draws Under Letter of Credit. All draws under Letters of Credit shall be deemed to be Advances to be repaid in accordance with the provisions of Section 2.1.2 hereof.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Pennsylvania Real Estate Investment Trust)

AutoNDA by SimpleDocs

Draws Under Letter of Credit. All draws under Letters of Credit shall be deemed to be Advances to be repaid in accordance with the provisions of Section subsection 2.1.2 hereof. All Advances resulting from draws made under Letters of Credit after the Termination Date shall be payable by Borrower upon written demand.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (First Washington Realty Trust Inc)

Draws Under Letter of Credit. All draws under Letters of Credit shall be deemed to be Advances to be repaid in accordance with the provisions of Section 2.1.2 subsection 2.1.3 hereof.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Pennsylvania Real Estate Investment Trust)

AutoNDA by SimpleDocs

Draws Under Letter of Credit. All draws under Letters of Credit shall be deemed to be Advances to be repaid in accordance with the provisions of Section subsection 2.1.2 hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pennsylvania Real Estate Investment Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.