Common use of Fixed Advances Clause in Contracts

Fixed Advances. The obligation of Borrower to repay the Fixed Advances shall be evidenced by the Fixed Facility Notes. The Fixed Facility Notes shall be payable to the order of Lender and shall be made in the original principal amount of each Fixed Advance.

Appears in 6 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc), Master Credit Facility Agreement (Education Realty Trust, Inc.)

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Fixed Advances. The obligation of Borrower to repay the Fixed Advances shall be evidenced by the Fixed Facility Notes. The Fixed Facility Notes shall be payable to the order of Lender and shall be made in the original principal amount of each Fixed Advance.

Appears in 3 contracts

Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sunrise Assisted Living Inc), Master Credit Facility Agreement (Sun Communities Inc)

Fixed Advances. The obligation of Borrower to repay the each Fixed Advances Advance shall be evidenced by the a single Fixed Facility NotesNote. The Each Fixed Facility Notes Note shall be payable to the order of Lender and shall be made in the original principal amount of each Fixed Advance.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Sun Communities Inc)

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Fixed Advances. The obligation of Borrower to repay the each Fixed Advances Advance shall be evidenced by the a separate Fixed Facility NotesNote. The Each Fixed Facility Notes Note shall be payable to the order of Lender and shall be made in the original principal amount of each such Fixed Advance.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Colonial Properties Trust)

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