Further Credit Information/Instructions Clause Samples

Further Credit Information/Instructions. 1 Total Facility Outstandings shall not exceed the Borrowing Base. Date: By: RHP Partner, LLC, its general partner By: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Vice President If a loan transaction requires a portion and/or all of the loan proceeds be wired to another financial institution, deposited into a deposit account or if there is the possibility of initiating a wire transfer or deposit in the future, completion of the Transfer Authorizer Designation form is required pursuant to that certain Section entitled Funds Transfer Disbursements of the Loan Agreement. Administrative Agent will not transfer any funds unless properly completed and executed forms have been received. Funds will only be transmitted to the beneficiaries designated on the Transfer Authorizer Designation form, as amended from time to time. Requests to transfer to any other beneficiary will not be completed unless Administrative Agent has received a new Transfer Authorizer Designation form. Administrative Agent must receive disbursement and transfer requests in writing. Verbal requests are not accepted. Transfer requests will only be accepted from the individuals designated on the Transfer Authorizer Designation form; however, Administrative Agent shall not be required to compare signatures of the requestor to any documents or other authorizations.

Further Credit Information/Instructions. 1 Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Initial Loan Amount or the Increased Loan Amount, as applicable. Date: _______________________________ "BORROWER" a Delaware limited partnership By: Colonial Properties Trust, its sole General Partner By: _________________________ Name: _________________________ Title: _________________________ [SEAL] ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent Minneapolis Loan Center ▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attn: ▇▇▇▇▇▇ ▇▇▇▇ Ladies and Gentlemen: Reference is made to that certain Credit Agreement (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) dated as of March 30, 2012, by and among Colonial Realty Limited Partnership (the “Borrower”), the financial institutions party thereto and their assignees under Section 12.5. thereof (the “Lenders”), ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent (the “Administrative Agent”), and the other parties thereto. Capitalized terms used herein, and not otherwise defined herein, have their respective meanings given them in the Credit Agreement. 1. The Borrower hereby requests Bid Rate Quotes for the following proposed Bid Rate Borrowings: 2. The Borrower's Credit Rating, as applicable, as of the date hereof is: S&P _______ ▇▇▇▇▇'▇ _______ 3. After giving effect to the Bid Rate Borrowing requested herein, the total amount of Bid Rate Loans outstanding shall be $______________. The Borrower hereby certifies to the Administrative Agent and the Lenders that as of the date hereof, as of the date of the making of the requested Bid Rate Loans, and after making such Bid Rate Loans, (a) no Default or Event of Default exists or shall exist and no violation of the limits described in Section 2.15. of the Credit Agreement would occur, and (b) the representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, shall be true __________________ 1 Minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof. 2 Insert either Absolute Rate (for Absolute Rate Loan) or LIBOR Margin (for LIBOR Margin Loan). 3 Must be between 7 and 180 days. and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such represent...

Further Credit Information/Instructions. 1 Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Initial Loan Amount or the Increased Loan Amount, as applicable. Date: “BORROWER” PREIT ASSOCIATES, L.P. By: Pennsylvania Real Estate Investment Trust, its general partner By: Name: Title: PREIT-▇▇▇▇▇, INC. By: Name: Title: PENNSYLVANIA REAL ESTATE INVESTMENT TRUST By: Name: Title: $ , 20 FOR VALUE RECEIVED, the undersigned, PREIT ASSOCIATES, L.P. (“PREIT”), PREIT-▇▇▇▇▇, INC. (“PREIT-▇▇▇▇▇”) and PENNSYLVANIA REAL ESTATE INVESTMENT TRUST (the “Parent”; together with PREIT and PREIT-▇▇▇▇▇, each individually, a “Borrower” and collectively, the “Borrower”) jointly and severally hereby unconditionally promise to pay to the order of (the “Lender”), in care of ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent (the “Administrative Agent”), to its address at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ or at such other address as may be specified by the Administrative Agent to the Borrower, the principal sum of AND /100 DOLLARS ($ ), or such lesser amount as may be the then outstanding and unpaid balance of all Revolving Loans made by the Lender to the Borrower pursuant to, and in accordance with the terms of, the Credit Agreement (as defined below). The Borrower further agrees to pay interest at said office, in like money, on the unpaid principal amount owing hereunder from time to time on the dates and at the rates and at the times specified in the Credit Agreement. This Revolving Note (this “Note”) is one of the “Revolving Notes” referred to in that certain Credit Agreement dated as of April 17, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among the Borrower, the financial institutions party thereto and their assignees under Section 11.6.(b) thereof, the Administrative Agent and the other parties thereto, and is subject to, and entitled to, all provisions and benefits thereof. Capitalized terms used herein and not defined herein shall have the respective meanings given to such terms in the Credit Agreement. The Credit Agreement, among other things, (a) provides for the making of the Revolving Loans by the Lender to the Borrower in the aggregate principal Dollar amount first above mentioned, (b) permits the prepayment of the Revolving Loans by the Borrower subject to certain terms and conditions and (c) provides for t...

Further Credit Information/Instructions. Transfer Funds to (Receiving Party Account Name): Receiving Party Account Number: Receiving Bank Name, City and State: Receiving Bank Routing (ABA) Number Maximum Transfer Amount:

Further Credit Information/Instructions. Transfer Funds to (Receiving Party Account Name):

Further Credit Information/Instructions. 1 Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Loan Amount. Date: , 201 a_________________________ By: Name: Title: If a loan transaction requires a portion and/or all of the loan proceeds be wired to another financial institution, deposited into a deposit account or if there is the possibility of initiating a wire transfer or deposit in the future, completion of the Transfer Authorizer Designation form is required pursuant to that certain Section entitled Funds Transfer Disbursements of the Credit Agreement. Administrative Agent will not transfer any funds unless properly completed and executed forms have been received. Funds will only be transmitted to the beneficiaries designated on the Transfer Authorizer Designation form, as amended from time to time. Requests to transfer to any other beneficiary will not be completed unless Administrative Agent has received a new Transfer Authorizer Designation form. Administrative Agent must receive disbursement and transfer requests in writing. Verbal requests are not accepted. Transfer requests will only be accepted from the individuals designated on the Transfer Authorizer Designation form; however, Administrative Agent shall not be required to compare signatures of the requestor to any Administrative Agent documents or other authorizations.

Further Credit Information/Instructions. (1) Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Initial Loan Amount or the Increased Loan Amount, as applicable. (a) The undersigned has reviewed the terms of the Credit Agreement and has made a review of the transactions, financial condition and other affairs of the Borrower and its Subsidiaries as of, and during the relevant accounting period ending on, , 20 and (b) to the best of his or her knowledge, information and belief after due inquiry, as of the date hereof, no Default or Event of Default exists [except as set forth on Attachment A hereto, which accurately describes the nature of the conditions(s) or event(s) that constitute (a) Default(s) or (an) Event(s) of Default and the actions which the Borrower (is taking)(is planning to take) with respect to such event(s), condition(s) or failure(s)]. 2. Schedule 1 attached hereto accurately and completely sets forth the calculations required to establish whether the Borrower has been in compliance with the covenants contained in Section 9.1. of the Credit Agreement for the accounting period set forth above. 3. The representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party, are true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) as of the date hereof with the same force and effect as if made on and as of the date hereof except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and accurate in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty shall be true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances specifically and expressly permitted under the Loan Documents.

Further Credit Information/Instructions. 1 Maximum Wire Amount may not exceed the Loan Amount.

Further Credit Information/Instructions. 1 Neither the Initial Disbursement Amount, nor the Initial Disbursement Amount together with any Subsequent Disbursement Amounts, shall ever exceed the Initial Loan Amount or the Increased Loan Amount, as applicable. Date: “BORROWER” DIAMONDROCK HOSPITALITY LIMITED PARTNERSHIP By: DiamondRock Hospitality Company, its sole General Partner By: Name: Title: ▇▇▇▇▇ Fargo Bank, National Association ▇▇▇▇ ▇ ▇▇▇▇▇▇, ▇▇, #▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇ Attention: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Telecopier: ▇▇▇-▇▇▇-▇▇▇▇ Telephone: ▇▇▇-▇▇▇-▇▇▇▇ ▇▇▇▇▇ Fargo Bank, National Association ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇., ▇▇▇. ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Telecopier: ▇▇▇-▇▇▇-▇▇▇▇ Telephone: ▇▇▇-▇▇▇-▇▇▇▇ Ladies and Gentlemen: Reference is made to that certain Third Amended and Restated Credit Agreement dated as of November [ ], 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among DiamondRock Hospitality Limited Partnership (the “Borrower”), DiamondRock Hospitality Company (the “Parent”), the financial institutions party thereto and their assignees under Section 13.6. thereof (the “Lenders”), ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent (the “Administrative Agent”), and the other parties thereto. Capitalized terms used herein, and not otherwise defined herein, have their respective meanings given them in the Credit Agreement. Pursuant to Section 9.3 of the Credit Agreement, the undersigned hereby certifies, in such person’s corporate and not individual capacity, to the Administrative Agent and the Lenders that: