Principal or Letter of Credit Obligation Payment. The Borrower shall fail to pay any principal of any Note or any Letter of Credit Obligation when the same becomes due and payable as set forth in this Agreement;
Appears in 11 contracts
Samples: Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties), Senior Unsecured Credit Agreement (LaSalle Hotel Properties)
Principal or Letter of Credit Obligation Payment. The Borrower shall ------------------------------------------------ fail to pay any principal of any Note or any Letter of Credit Obligation when the same becomes due and payable as set forth in this Agreement;
Appears in 1 contract
Samples: Senior Unsecured Credit Agreement (American General Hospitality Corp)
Principal or Letter of Credit Obligation Payment. The Borrower or any ------------------------------------------------ Guarantor shall fail to pay any principal of any Note or any Letter of Credit Obligation when the same becomes due and payable as set forth in this Agreement;
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp)
Principal or Letter of Credit Obligation Payment. The Borrower or any Guarantor shall fail to pay any principal of any Note or any Letter of Credit Obligation when the same becomes due and payable as set forth in this Agreement;
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Meristar Hospitality Corp)
Principal or Letter of Credit Obligation Payment. The Borrower ------------------------------------------------ shall fail to pay any principal of any Note or any Letter of Credit Obligation when the same becomes due and payable as set forth in this Agreement;
Appears in 1 contract
Samples: Senior Unsecured Credit Agreement (Lasalle Hotel Properties)
