Fixed Loans. The obligation of the applicable Collateral Pool Borrower to repay the related Fixed Loan is and shall be evidenced by one or more Fixed Loan Notes executed by each applicable Collateral Pool Borrower. Each Fixed Loan Note Outstanding as of the date hereof has been made in the original principal amount of the applicable Fixed Loan.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Erp Operating LTD Partnership), Master Credit Facility Agreement (Archstone Inc.)
Fixed Loans. The obligation of the applicable Collateral Pool Borrower to repay the related Fixed Loan is and shall be evidenced by one or more Fixed Loan Notes executed by each applicable Collateral Pool Borrower. Each Fixed Loan Note Outstanding as of the date hereof has been made in the original principal amount of the applicable Fixed Loan.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Avalonbay Communities Inc)
Fixed Loans. The obligation of the applicable Collateral Pool Borrower to repay the related Fixed Loan is and shall be evidenced by one or more Fixed Loan Notes executed by each applicable Collateral Pool Borrower. Each Fixed Loan Note Outstanding as shall be payable to the order of the date hereof has been Lender and shall be made in the original principal amount of the applicable Fixed Loan.
Appears in 1 contract
Samples: Master Credit Facility Agreement (Archstone Smith Operating Trust)
