Lender’s Costs. Borrower shall, upon the request of Agent, pay Agent the amount of all unpaid Lenders' Costs within fifteen days after such notice. Until paid, all past due and owing interest payments, fees and all past due Lenders' Costs shall be deemed to be part of the principal balance of the Loan, bear interest at the rate applicable to Base Rate Loans.
Appears in 2 contracts
Samples: Revolving Credit Loan Agreement (Pennsylvania Real Estate Investment Trust), Revolving Credit Agreement (Pennsylvania Real Estate Investment Trust)
Lender’s Costs. Borrower Borrowers shall, upon the request of Agent, pay Agent the amount of all unpaid Lenders' Costs within fifteen (15) days after such notice. Until If not so paid, all past due and owing interest payments, fees and all past due Lenders' Costs shall be deemed to be part of the principal balance of the Loan, Loans and bear interest at the rate then applicable to Base Rate LoansInterest Rate.
Appears in 2 contracts
Samples: Revolving Credit Loan Agreement (Orleans Homebuilders Inc), Revolving Credit Loan Agreement (Orleans Homebuilders Inc)
Lender’s Costs. Borrower shall, upon the request of Agent, pay Agent the amount of all unpaid Lenders' Costs within fifteen days after such notice. Until paid, all past due and owing interest payments, fees and all past due Lenders' Costs shall be deemed to be part of the principal balance of the Loan, Loan and bear interest at the rate applicable to Base Rate LoansRate.
Appears in 1 contract
Samples: Secured Loan Agreement (Pennsylvania Real Estate Investment Trust)
