Common use of Existing Credit Facilities Clause in Contracts

Existing Credit Facilities. Upon satisfaction of the conditions precedent set forth in Sections 6.1. and 6.2. of this Agreement with respect to the first Credit Event hereunder on the Effective Date, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects on a prospective basis only.

Appears in 3 contracts

Samples: Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust), Credit Agreement (National Storage Affiliates Trust)

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Existing Credit Facilities. Upon satisfaction of the conditions precedent set forth in Sections 6.15.1. and 6.25.2. of this Agreement with respect to the first Credit Event hereunder on the Effective Date, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Revolver Agreement and the Existing Term Loan Agreement, and the Existing Credit Revolver Agreement and the Existing Term Loan Agreement shall be superseded by this Agreement in all respects respects, in each case, on a prospective basis only.

Appears in 1 contract

Samples: And Consolidated Credit Agreement (First Potomac Realty Trust)

Existing Credit Facilities. Upon satisfaction of the conditions precedent set forth in Sections 6.1. and 6.2. of this Agreement with respect to the first Credit Event hereunder on the Effective Date, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects on a prospective basis only.. 140

Appears in 1 contract

Samples: Credit Agreement (National Storage Affiliates Trust)

Existing Credit Facilities. Upon satisfaction of the conditions precedent set forth in Sections 6.1. and 6.2. of this Agreement with respect to the first Credit Event hereunder on the Effective DateSection 5.1., this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit AgreementFacilities, and the Existing Credit Agreement Facilities shall be superseded by this Agreement in all respects respects, in each case, on a prospective basis only.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Parkway Properties Inc)

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Existing Credit Facilities. Upon satisfaction of the conditions precedent set forth in Sections 6.1. and 6.2. of this Agreement with respect to the first Credit Event hereunder on the 149 Effective Date, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement, and the Existing Credit Agreement shall be superseded by this Agreement in all respects on a prospective basis only.

Appears in 1 contract

Samples: Credit Agreement (National Storage Affiliates Trust)

Existing Credit Facilities. Upon satisfaction of the conditions precedent set forth in Sections 6.15.1. and 6.25.2. of this Agreement with respect to the first Credit Event hereunder on the Effective DateAgreement, this Agreement shall exclusively control and govern the mutual rights and obligations of the parties hereto with respect to the Existing Credit Agreement and the Existing Term Loan Agreement, and the Existing Credit Agreement and the Existing Term Loan Agreement shall be superseded by this Agreement in all respects respects, in each case, on a prospective basis only.

Appears in 1 contract

Samples: And Consolidated Credit Agreement (Corporate Office Properties, L.P.)

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