Loan Availability. Subject to the provisions of this Agreement, the Borrower may repay any outstanding Money Market Loan only on the last day of the Interest Period applicable thereto and any amounts so repaid may be reborrowed, up to the amount available under this Section 2.3 or under Section 2.1, as applicable, at the time of such Borrowing, until the Domestic Business Day next preceding the Maturity Date. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.3.
Appears in 8 contracts
Samples: Credit Agreement (Smith Charles E Residential Realty Inc), Assignment and Assumption Agreement (Smith Charles E Residential Realty Lp), Credit Agreement (Smith Charles E Residential Realty Lp)
