Ratable and Non Ratable Advances. Except as set forth in Section 2.22, Advances hereunder shall consist of Loans made by the Lenders ratably based on each such Lender’s Percentage. The Advances may be Floating Rate Advances, LIBOR Rate Advances or a combination thereof, selected by the Borrower in accordance with Sections 2.8 and 2.9.
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Samples: Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Retail Properties of America, Inc.)
Ratable and Non Ratable Advances. Except as set forth in Subject to the terms of Section 2.22, Advances hereunder shall consist of Loans made by the Lenders in each Class ratably based on each such Lender’s Percentageapplicable Term Percentage for such Class. The Advances may be Floating Rate Advances, LIBOR Rate Advances or a combination thereof, selected by the Borrower in accordance with Sections 2.8 and 2.9.
Appears in 2 contracts
Samples: Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Retail Properties of America, Inc.)
Ratable and Non Ratable Advances. Except as set forth in Subject to the terms of Section 2.22, Advances hereunder shall consist of Loans made by the Lenders in each Class ratably based on each such Lender’s Percentageapplicable Term Percentage for such Class. The Advances may be Floating Rate Advances, LIBOR Rate RateSOFR Advances or a combination thereof, selected by the Borrower in accordance with Sections 2.8 and 2.9.
Appears in 1 contract
