Common use of Number of Interest Periods Clause in Contracts

Number of Interest Periods. There may be no more than 6 different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same time.

Appears in 7 contracts

Samples: Credit Agreement (Service Properties Trust), Credit Agreement (Service Properties Trust), Credit Agreement (Service Properties Trust)

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Number of Interest Periods. There may be no more than 6 (a) ten (10) different Interest Periods for (a) Revolving Credit Loans that are LIBOR Loans, CDOR Loans, AUD Rate Loans and Bid Rate Loans, collectively outstanding at the same time and or (b) five (5) Interest Periods with respect to the Term Loans outstanding at the same time.

Appears in 4 contracts

Samples: Credit Agreement (Park Hotels & Resorts Inc.), Credit Agreement (Park Hotels & Resorts Inc.), Credit Agreement (Park Hotels & Resorts Inc.)

Number of Interest Periods. (a) There may be no more than 6 ten (10) different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same time. (b) There may be no more than six (6) different Interest Periods for Bid Rate Loans outstanding at the same time.

Appears in 3 contracts

Samples: Credit Agreement (Federal Realty OP LP), Credit Agreement (Federal Realty Investment Trust), Credit Agreement (Federal Realty Investment Trust)

Number of Interest Periods. There may be no more than 6 three (3) different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same time.

Appears in 3 contracts

Samples: Term Loan Agreement (Federal Realty OP LP), Term Loan Agreement (Federal Realty Investment Trust), Term Loan Agreement (Federal Realty Investment Trust)

Number of Interest Periods. There may be no more than 6 different five (5) Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term with respect to any Tranche of Loans outstanding at the same time.

Appears in 3 contracts

Samples: Loan Agreement (Park Hotels & Resorts Inc.), Loan Agreement (Park Hotels & Resorts Inc.), Delayed Draw Term Loan Agreement (Park Hotels & Resorts Inc.)

Number of Interest Periods. There may be no more than (a) 6 different Interest Periods for (a) Revolving Loans that are LIBOR Loans outstanding at the same time and (b) 6 different Interest Periods for each Class of Term Loans that are LIBOR Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (Parkway, Inc.), Credit Agreement (Parkway Properties Inc)

Number of Interest Periods. There may be no more than 6 (a) eight different Interest Periods for (a) Revolving Loans that are LIBOR Loans outstanding at the same time and (b) four different Interest Periods for each Class of Term Loans that are LIBOR Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (Government Properties Income Trust), Credit Agreement (Government Properties Income Trust)

Number of Interest Periods. There may be no more than 6 (a) 10 different Interest Periods for (a) Revolving Loans and Bid Rate Loans, collectively outstanding at the same time and (b) 5 different Interest Periods for each Class of Term Loans outstanding at the same timeLoans.

Appears in 2 contracts

Samples: Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)

Number of Interest Periods. There may be no more than (a) 6 different Interest Periods for Revolving Loans outstanding at the same time, (ab) Revolving 6 different Interest Periods for each Class of Term Loans outstanding at the same time and (bc) Term 6 Interest Periods for Bid Rate Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (Equity Commonwealth), Credit Agreement (Equity Commonwealth)

Number of Interest Periods. There may be no more than 6 5 different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same timeLoans.

Appears in 1 contract

Samples: Term Loan Agreement (Washington Real Estate Investment Trust)

Number of Interest Periods. There may be no more than 6 (a) 15 different Interest Periods for (a) Revolving Loans that are Eurocurrency Rate Loans, Bid Rate Loans and Term RFR Loans, collectively, outstanding at the same time and (b) 2 different Interest Periods for Loans that are Term Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Realty Income Corp)

Number of Interest Periods. There may be no more than 6 8 different Interest Periods Periods, in the aggregate and in any combination, for (a) Revolving the Five Year Term Loans outstanding at and the same time and (b) Seven Year Term Loans outstanding at the same time.

Appears in 1 contract

Samples: Term Loan Agreement (U-Store-It Trust)

Number of Interest Periods. There may be no more than (a) 6 different Interest Periods for (a) Revolving Loans outstanding at the same time with respect to Revolving Loans and (b) Term Loans 4 different Interest Periods outstanding at the same timetime with respect to Construction Advances owing by the Borrower or a Subsidiary Borrower, as the case may be, with respect to a given Construction Loan.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

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Number of Interest Periods. There may be no more than 6 (a) six (6) different Interest Periods for (a) Revolving Loans that are Term SOFR Loans outstanding at the same time and time, (b) six (6) different Interest Periods for Term Loans that are Term SOFR Loans outstanding at the same time, and (c) six (6) different Interest Periods for Bid Rate Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (LXP Industrial Trust)

Number of Interest Periods. LEGAL02/40926073v6 There may be no more than 6 (a) 10 different Interest Periods for (a) Revolving Loans and Bid Rate Loans, collectively outstanding at the same time and (b) 5 different Interest Periods for each Class of Term Loans outstanding at the same timeLoans.

Appears in 1 contract

Samples: Credit Agreement (Elme Communities)

Number of Interest Periods. There may be no more than 6 eight (8) different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Office Properties Income Trust)

Number of Interest Periods. There may be no more than 6 (a) 3 different Interest Periods for (a) Revolving Loans that are Term RFR Loans, outstanding at the same time time, and (b) Term 3 different Interest Periods for Loans that are Eurocurrency Rate Loans, outstanding at the same time.

Appears in 1 contract

Samples: Term Loan Agreement (Realty Income Corp)

Number of Interest Periods. There may be no more than 6 different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Service Properties Trust)

Number of Interest Periods. There may be no more than 6 different Interest Periods for (a) Revolving Loans outstanding at the same time and (b) Term Loans outstanding at the same timewith respect to Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

Number of Interest Periods. There may be no more than 6 (a) 4 different Interest Periods for (a) Revolving Loans outstanding at the same time with respect to Revolving Loans and (b) Term Loans 4 different Interest Periods outstanding at the same timetime with respect to Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Pennsylvania Real Estate Investment Trust)

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