Common use of Prohibited Distributions Clause in Contracts

Prohibited Distributions. Any breach of the provisions of Section 4.06 hereof shall occur which is not cured by Borrower within five (5) Business Days after such breach;

Appears in 3 contracts

Samples: Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.), Term Loan Agreement (Rexford Industrial Realty, Inc.)

AutoNDA by SimpleDocs

Prohibited Distributions. Any breach of the provisions of Section 4.06 hereof shall occur which is not cured by Borrower within five (5) Business Days days after such breach;

Appears in 2 contracts

Samples: Loan and Security Agreement (Inland Real Estate Income Trust, Inc.), Loan and Security Agreement (Inland Real Estate Income Trust, Inc.)

Prohibited Distributions. Any breach of the provisions of Section 4.06 hereof shall occur which is not cured by Borrower within five (5) Business Days business days after Administrative Agent gives Borrower notice of such breach;

Appears in 2 contracts

Samples: Term Loan and Security Agreement (KBS Growth & Income REIT, Inc.), Term Loan and Security Agreement (KBS Growth & Income REIT, Inc.)

Prohibited Distributions. Any breach of the provisions of Section 4.06 4.1(ii) hereof shall occur which is not cured by Borrower within five ten (510) Business Days days after Lender gives Borrower notice of such breach;; or

Appears in 1 contract

Samples: Loan Agreement (CNL Growth Properties, Inc.)

Prohibited Distributions. Any breach of the provisions of Section 4.06 hereof shall occur which is not cured by Borrower within five ten (510) Business Days days after such breach;

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Cottonwood Communities, Inc.)

AutoNDA by SimpleDocs

Prohibited Distributions. Any breach of the provisions of Section 4.06 hereof shall occur 3.06 occurs; which is not cured by Borrower within five (5) Business Days business days after Xxxxxx delivers written notice of such breachbreach to Borrower;

Appears in 1 contract

Samples: Term Loan Agreement (Strategic Student & Senior Housing Trust, Inc.)

Prohibited Distributions. Any breach of the provisions of Section 4.06 4.11 hereof shall occur which is not cured by Borrower within five (5) Business Days days after Lender gives Borrower notice of such breach;

Appears in 1 contract

Samples: Construction Loan and Security Agreement (Global Growth Trust, Inc.)

Prohibited Distributions. Any breach of the provisions of Section 4.06 hereof shall occur 3.06 occurs; which is not cured by Borrower within five (5) Business Days days after such breach;

Appears in 1 contract

Samples: Construction Loan Agreement (Indus Realty Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!