Obligation to Prepay Variable Advances. Borrower shall prepay any difference by which, after the conversion, the aggregate unpaid principal balance of all Variable Advances Outstanding will exceed the Variable Facility Commitment.
Appears in 5 contracts
Samples: Master Credit Facility Agreement (Education Realty Trust, Inc.), Master Credit Facility and Reimbursement Agreement (America First Apartment Investors Inc), Master Credit Facility Agreement (Education Realty Trust, Inc.)
Obligation to Prepay Variable Advances. Borrower shall prepay any difference by which, after the conversion, the aggregate unpaid principal balance of all Variable Advances Outstanding will exceed the Variable Facility Commitment, unless otherwise agreed to by Lender.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Camden Property Trust)
Obligation to Prepay Variable Advances. Borrower shall prepay any difference by which, after the conversion, the aggregate unpaid principal balance of all Variable Advances Outstanding will exceed the Variable Facility Commitment. No Facility Termination Fee shall be due in connection with any Conversion.
Appears in 2 contracts
Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sun Communities Inc)
