Payments of Excess Cash Flow. On and after the earlier to occur of (i) the Optional Prepayment Date or (ii) at Lender's sole election, upon the occurrence and during the continuation of an Event of Default hereunder, any date on or after the occurrence and during the continuation of such Event of Default, in addition to the Base Payment, Borrower shall pay to Lender all Excess Cash Flow to be applied as described in Section 2.8.
Appears in 2 contracts
Samples: Loan Agreement (Burnham Pacific Properties Inc), Loan Agreement (Burnham Pacific Properties Inc)
Payments of Excess Cash Flow. On and after the earlier to ---------------------------- occur of (i) the Optional Prepayment Date or (ii) at Lender's sole election, upon the occurrence and during the continuation of an Event of Default hereunder, any date on or after the occurrence and during the continuation of such Event of Default, in addition to the Base Payment, Borrower shall pay to Lender all Excess Cash Flow to be applied as described in Section ------- 2.8.. ---
Appears in 2 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
Payments of Excess Cash Flow. On and after the earlier to occur of (i) the Optional Prepayment Date or (ii) at Lender's sole election, upon the occurrence and during the continuation of an Event of Default hereunder, any date on or after the occurrence and during the continuation of such Event of Default, in addition to the Base Payment, Borrower shall pay to Lender all Excess Cash Flow to be applied as described in Section 2.8.
Appears in 2 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Mark Centers Trust)
Payments of Excess Cash Flow. On and after the earlier to occur ---------------------------- of (i) the Optional Prepayment Date or (ii) at Lender's sole election, upon the occurrence and during the continuation of an Event of Default hereunder, any date on or after the occurrence and during the continuation of such Event of Default, in addition to the Base Payment, Borrower shall pay to Lender all Excess Cash Flow to be applied as described in Section 2.8.. -----------
Appears in 1 contract
Payments of Excess Cash Flow. On and after the earlier to ---------------------------- occur of (i) the Optional Prepayment Date or (ii) at Lender's sole election, upon the occurrence and during the continuation of an Event of Default hereunder, any date on or after the occurrence and during the continuation of such Event of Default, in addition to the Base Payment, Borrower shall pay to Lender all Excess Cash Flow to be applied as described in Section 2.8.------- 2.7. ---
Appears in 1 contract
Samples: Loan Agreement (G&l Realty Corp)
