Common use of Other Sums Clause in Contracts

Other Sums. Borrower shall pay to Agent all other sums owed to Agent and/or Lenders pursuant to the Loan Documents when such sums are due and payable as provided in the applicable Loan Document, or if not provided therein, within ten (10) days after the due date thereof or if expressly required, within ten (10) days after written demand by Agent. To the extent any other such sums are determined on a per diem or similar basis, such sums shall be calculated on the basis of a 360-day year and the actual number of days elapsed.

Appears in 2 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (Gramercy Capital Corp)

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Other Sums. Borrower shall pay to Agent all other sums owed to Agent and/or Lenders pursuant to the Loan Documents when such sums are due and payable as provided in the applicable Loan Document, or if not provided therein, within ten (10) days Business Days after the due date thereof or if demand is expressly required, within ten (10) days Business Days after written demand by Agent. To the extent any other such sums are determined on a per diem or similar basis, such sums shall be calculated on the basis of a 360-day year and the actual number of days elapsed.

Appears in 2 contracts

Samples: Loan Agreement (Great Wolf Resorts, Inc.), Loan Agreement (Interstate Hotels & Resorts Inc)

Other Sums. Borrower Borrowers shall pay to Agent all other sums owed to Agent and/or Lenders pursuant to the Loan Documents when such sums are due and payable as provided in the applicable Loan Document, or if not provided therein, within ten five (10) days after the due date thereof or if expressly required, within ten (105) days after written demand by Agent. To the 49289660 extent any other such sums are determined on a per diem or similar basis, such sums shall be calculated on the basis of a 360-360 day year and the actual number of days elapsed.

Appears in 1 contract

Samples: Loan Agreement (Creative Media & Community Trust Corp)

Other Sums. Borrower shall pay to Agent all other sums owed to Agent and/or Lenders pursuant to the Loan Documents when such sums are due and payable as provided in the applicable Loan Document, or if not no required date for payment is provided therein, within ten five (105) days after the due date thereof or if expressly required, within ten (10) days Business Days after written demand by Agent. To the extent any other such sums are determined on a per diem or similar basis, such sums shall be calculated on the basis of a 360-day year and the actual number of days elapsed.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

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Other Sums. Borrower shall pay to Agent all other sums owed to Agent and/or Lenders pursuant to the Loan Documents when such sums are due and payable as provided in the applicable Loan Document, or if not provided therein, within ten five (105) days after the due date thereof or if demand is expressly required, within ten five (105) days after written demand by Agent. To the extent any other such sums are determined on a per diem or similar basis, such sums shall be calculated on the basis of a 360-day year and the actual number of days elapsed.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Prime, Inc.)

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