Common use of Number of Interest Periods Clause in Contracts

Number of Interest Periods. There may be no more than (a) ten (10) different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans outstanding at the same time, and (b) seven (7) different Interest Periods for LIBOR Loans that are Term Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent)

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Number of Interest Periods. There may be no more than (a) ten (10) 12 different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans Loans, collectively, outstanding at the same time, and time (b) seven (7) for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods for LIBOR Loans that even if they are Term Loans outstanding at the same timecoterminous).

Appears in 2 contracts

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

Number of Interest Periods. There may be no more than (a) ten (10) 10 different Interest Periods for LIBOR Revolving Loans that are Revolving LIBOR Loans and Bid Rate Loans LIBOR Margin Loans, collectively, outstanding at the same time, time (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous) and (b) seven (7) 6 different Interest Periods for LIBOR Term Loans that are Term LIBOR Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (Corporate Office Properties, L.P.), Credit Agreement (Corporate Office Properties, L.P.)

Number of Interest Periods. There may be no more than eight (a) ten (10) 8) different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans outstanding at the same time, and time (b) seven (7) for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods for LIBOR Loans that even if they are Term Loans outstanding at the same timecoterminous).

Appears in 2 contracts

Samples: Construction Loan Agreement (Corporate Office Properties Trust), Construction Loan Agreement (Corporate Office Properties Trust)

Number of Interest Periods. There may be no more than (a) ten (10) different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans outstanding at the same time, and (b) seven (7) different Interest Periods for LIBOR Loans that are Term Loans Loans, collectively, outstanding at the same timetime (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 2 contracts

Samples: Revolving Credit Agreement (First Potomac Realty Trust), Term Loan Agreement (First Potomac Realty Trust)

Number of Interest Periods. There may be no more than (a) ten (10) 6 different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans Loans, collectively outstanding at the same time, and time (b) seven (7) for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods for LIBOR Loans that even if they are Term Loans outstanding at the same timecoterminous).

Appears in 2 contracts

Samples: Credit Agreement (Commercial Net Lease Realty Inc), Credit Agreement (Commercial Net Lease Realty Inc)

Number of Interest Periods. There may be no more than (a) ten (10) 10 different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans Loans, collectively, outstanding at the same time, time and (b) seven (7) 4 different Interest Periods for LIBOR Loans that are Term Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (United Dominion Realty L P), Credit Agreement (United Dominion Realty L P)

Number of Interest Periods. There may be no more than (a) ten (10) 5 different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and Bid Rate LIBOR Loans outstanding at the same time, time and (b) seven (7) 5 different Interest Periods for LIBOR Term Loans that are Term LIBOR Loans outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (Equity Lifestyle Properties Inc), Credit Agreement (Equity Lifestyle Properties Inc)

Number of Interest Periods. There may be no more than (a) ten (10) different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans outstanding at the same time, and (b) seven (7) different Interest Periods for LIBOR Revolving Credit Loans that are LIBOR Loans outstanding at the same time or (b) four (4) different Interest Periods with respect to each Term Loan for the LIBOR Loans comprising such Term Loan outstanding at the same time.

Appears in 2 contracts

Samples: Credit Agreement (RLJ Lodging Trust), Credit Agreement (RLJ Lodging Trust)

Number of Interest Periods. There may be no more than (a) ten (10) eight different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and Bid Rate LIBOR Loans outstanding at the same time, time and (b) seven (7) four different Interest Periods for LIBOR Term Loans that are Term LIBOR Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Select Income REIT)

Number of Interest Periods. There may be no more than (a) ten (10) eight different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and Bid Rate LIBORTerm SOFR Loans outstanding at the same time, time and (b) seven (7) four different Interest Periods for LIBOR each Class of Term Loans that are Term LIBORTerm SOFR 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 (a) ten (10) 10 different Interest Periods for LIBOR Revolving Loans that are Revolving Term SOFR Loans and Bid Rate Loans SOFR Margin Loans, collectively, outstanding at the same time, time (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous) and (b) seven (7) 6 different Interest Periods for LIBOR Term Loans that are Term SOFR Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

Number of Interest Periods. There may be no more than (a) ten six (106) different Interest Periods for LIBOR Revolving Loans that are Revolving LIBOR Loans and Bid Rate outstanding at the same time, (b) six (6) different Interest Periods for each Class of Term Loans that are LIBOR Loans outstanding at the same time, and (bc) seven six (76) different Interest Periods for LIBOR Loans that are Term Bid Rate Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Lepercq Corporate Income Fund L P)

Number of Interest Periods. There may be no more than (a) ten (10) different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans outstanding at the same time, and (b) seven (7) different Interest Periods for LIBOR Revolving Credit Loans that are LIBOR Loans outstanding at the same time or (b) four (4) different Interest Periods for the LIBOR Loans comprising the Term Loans Loan outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (RLJ Lodging Trust)

Number of Interest Periods. There may be no more than (a) ten (10) 15 different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and LIBOR Loans, Bid Rate Loans and Foreign Currency Rate Loans, collectively, outstanding at the same time, time and (b) seven (7) 4 different Interest Periods for LIBOR Loans that are Term Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Realty Income Corp)

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Number of Interest Periods. There may be no more than (a) ten (10) 10 different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and Bid Rate LIBOR Loans outstanding at the same time, time and (b) seven (7) 10 different Interest Periods for LIBOR Term Loans that are Term LIBOR Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Equity Lifestyle Properties Inc)

Number of Interest Periods. There may be no more than (a) ten (10) 10 different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and Bid Rate LIBORTerm SOFR Loans outstanding at the same time, time and (b) seven (7) 10 different Interest Periods for LIBOR Term Loans that are Term LIBORTerm SOFR Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Equity Lifestyle Properties Inc)

Number of Interest Periods. There may be no more than (a) ten (10) 6 different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans Loans, collectively outstanding at the same time, and time (b) seven (7) for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods for LIBOR Loans that even if they are Term Loans outstanding at the same timecoterminous).

Appears in 1 contract

Samples: Credit and Security Agreement (Five Star Quality Care Inc)

Number of Interest Periods. There may be no more than (a) ten (10) 5 different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans Loans, collectively outstanding at the same time, and time (b) seven (7) for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods for LIBOR Loans that even if they are Term Loans outstanding at the same timecoterminous).

Appears in 1 contract

Samples: Credit Agreement (RMR Asia Pacific Real Estate Fund)

Number of Interest Periods. There may be no more than (a) ten (10) 15 different Interest Periods for LIBOR Revolving Loans that are Revolving Loans and LIBOREurocurrency Rate Loans, Bid Rate Loans and Foreign Currency RateTerm RFR Loans, collectively, outstanding at the same time, time and (b) seven (7) 4 different Interest Periods for LIBOR 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 (a) ten seven (107) different Interest Periods for LIBOR Revolving Loans that are Revolving LIBOR Loans and Bid Rate Loans outstanding at the same time, and (b) seven (7) different Interest Periods for LIBOR Term Loans (inclusive of all Tranches) that are Term Loans LIBOR Loans, collectively, outstanding at the same timetime (for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods even if they are coterminous).

Appears in 1 contract

Samples: Credit Agreement (First Potomac Realty Trust)

Number of Interest Periods. There may be no more than (a) ten (10) different Interest Periods for LIBOR LIBORTerm SOFR Loans that are Revolving Loans and Bid Rate Loans outstanding at the same time, and (b) seven (7) different Interest Periods for LIBOR LIBORTerm SOFR Loans that are Term Loans outstanding at the same time.

Appears in 1 contract

Samples: Amendment No. 1 to Amended and Restated Credit Agreement (American Homes 4 Rent, L.P.)

Number of Interest Periods. There may be no more than (a) ten (10) 10 different Interest Periods for LIBOR Loans that are Revolving Loans and Bid Rate Loans LIBOR Margin Loans, collectively, outstanding at the same time, and time (b) seven (7) for which purpose Interest Periods described in the definition of the term “Interest Period” shall be deemed to be different Interest Periods for LIBOR Loans that even if they are Term Loans outstanding at the same timecoterminous).

Appears in 1 contract

Samples: Credit Agreement (Corporate Office Properties Trust)

Number of Interest Periods. There may be no more than (a) ten six (106) different Interest Periods for LIBOR Revolving Loans that are Revolving LIBOR Loans and Bid Rate outstanding at the same time, (b) six (6) different Interest Periods for Term Loans that are LIBOR Loans outstanding at the same time, and (bc) seven six (76) different Interest Periods for LIBOR Loans that are Term Bid Rate Loans outstanding at the same time.

Appears in 1 contract

Samples: Credit Agreement (Lexington Realty Trust)

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