Limitation on Number of Interest Periods. Borrower shall not have the right to have more than five (5) Interest Periods, in the aggregate, in respect of the Loan in effect at any one time, whether or not any portion of the Principal Amount is then bearing interest at the Prime Based Rate.
Appears in 5 contracts
Samples: Assignment and Assumption Agreement (Acadia Realty Trust), Revolving Loan Agreement (Acadia Realty Trust), Assignment and Assumption Agreement (Acadia Realty Trust)
Limitation on Number of Interest Periods. Borrower shall not have the right to have more than five (5) Interest Periods, in the aggregate, in respect of the Loan in effect at any one time, whether or not any portion of the Principal Amount is then bearing interest at the Prime Based Rate. 2.09.
Appears in 1 contract
Samples: Term Loan Agreement (Mendik Real Estate Limited Partnership)
Limitation on Number of Interest Periods. Borrower shall not have the right to have more than five (5) Interest Periods, in the aggregate, in respect of the Loan, the Building Loan and the Other Loan in effect at any one time, whether or not any portion of the Principal Amount is then bearing interest at the Prime Based Rate.
Appears in 1 contract
Samples: Term Loan Agreement (Alexanders Inc)
Limitation on Number of Interest Periods. Borrower shall ---------------------------------------- not have the right to have more than five six (56) Interest Periods, in the aggregate, in respect of the Loan in effect at any one time, whether or not any portion of the Principal Amount is then bearing interest at the Prime Based Rate.
Appears in 1 contract
Samples: Building Loan Agreement (Federal Realty Investment Trust)
