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. The Advances may be Prime Advances, LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.9 and 2.10.

Appears in 4 contracts

Samples: Revolving Credit Agreement (RFS Hotel Investors Inc), Assignment Agreement (RFS Hotel Investors Inc), Assignment Agreement (RFS Hotel Investors 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 CommitmentPercentages. The Advances may be Prime Advances, Floating Rate Advances or LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.9 and 2.10.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Developers Diversified Realty Corp)

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 CommitmentPercentages. The Advances may be Prime Advances, Floating Rate Advances or LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.9 and 2.10.

Appears in 1 contract

Samples: Credit Agreement (Chateau Communities Inc)

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 CommitmentPercentages. The Advances may be Prime Alternate Base Rate Advances, LIBOR Advances, Advances or a combination thereof, selected by the Borrower in accordance with Sections 2.9 2.10 and 2.10.2.11. ------------- ----

Appears in 1 contract

Samples: Credit Agreement (Rouse Company)

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. The Advances may be Prime Advances, CBR Advances or LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.9 2.11 and 2.102.12.

Appears in 1 contract

Samples: 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 CommitmentPercentages. The ratable Advances may be Prime Base Rate Advances, LIBOR Advances, Advances or a combination thereof, thereof selected by the Borrower in accordance with Sections 2.9 and 2.10.

Appears in 1 contract

Samples: Assignment Agreement (Great Lakes Reit Inc)

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 CommitmentPercentages. The Advances may be Prime Advances, Floating Rate Advances or LIBOR Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.9 2.8 and 2.102.9.

Appears in 1 contract

Samples: Credit Agreement (Developers Diversified Realty Corp)

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