Common use of Ratable Loans Clause in Contracts

Ratable Loans. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment except for Swing Line Loans which shall be made by the Swing Line Lender in accordance with Section 2.15 and Competitive Bid Loans made in accordance with Section 2.16. The Advances may be CBR Advances or LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.11 and 2.12.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Susa Partnership Lp), Unsecured Revolving Credit Agreement (Susa Partnership Lp)

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Ratable Loans. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment except for Swing Line Loans which shall be made by the Swing Line Lender in accordance with Section 2.15 SECTION 2.13 and Competitive Bid Loans made in accordance with Section 2.16SECTION 2.14. The ratable Advances may be CBR Advances or Advances, LIBOR Advances, Fixed Rate Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.11 SECTIONS 2.9 and 2.122.10.

Appears in 2 contracts

Samples: Assignment Agreement (Centerpoint Properties Trust), Assignment Agreement (Centerpoint Properties Trust)

Ratable Loans. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment except for Swing Line Loans which shall be made by the Swing Line Lender in accordance with Section 2.15 2.13 and Competitive Bid Loans made in accordance with Section 2.162.14. The ratable Advances may be CBR Advances or Prime Advances, LIBOR Advances, Fixed Rate Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.11 2.9 and 2.122.10.

Appears in 2 contracts

Samples: Unsecured Revolving Credit Agreement (Centerpoint Properties Trust), Revolving Credit Agreement (Centerpoint Properties Trust)

Ratable Loans. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment except for Swing Line Loans which shall be made by the Swing Line Lender in accordance with Section 2.15 and Competitive Bid Loans made in accordance with Section 2.16. The Advances may be CBR ABR Advances or LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.11 and 2.12.

Appears in 1 contract

Samples: Assignment Agreement (Storage Usa Inc)

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Ratable Loans. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment except for Swing Line Loans which shall be made by the Swing Line Lender in accordance with Section 2.15 and Competitive Bid Loans made in accordance with Section 2.16SECTION 2.13. The Advances may be CBR Advances or Advances, LIBOR Advances, Fixed Rate Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.11 SECTIONS 2.9 and 2.122.10.

Appears in 1 contract

Samples: Assignment Agreement (Centerpoint Properties Corp)

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