Repayment and Interest. Each Swing Loan is due and payable on the earliest to occur of (A) seven (7) Business Days after the date of the making of such Swing Loan, (B) the date of the next borrowing under the Commitments that is not a Swing Loan, and (C) the Revolving Loan Maturity Date. Except as otherwise provided in Section 3.1(b), Swing Loans shall bear interest at the Swing Loan Rate.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Brandywine Operating Partnership, L.P.), Revolving Credit Agreement (Brandywine Operating Partnership Lp /Pa), Revolving Credit Agreement (Brandywine Operating Partnership Lp /Pa)
Repayment and Interest. Each Swing Loan is due and payable on the earliest to occur of (A) seven ten (710) Business Days after the date of the making of such Swing Loan, (B) the date of the next borrowing under the Commitments that is not a Swing Loan, and (C) the Revolving Loan Maturity Date. Except as otherwise provided in Section 3.1(b), Swing Loans shall bear interest at the Swing Loan Rate.
Appears in 1 contract
Samples: Revolving Credit Agreement (Brandywine Operating Partnership, L.P.)
Repayment and Interest. Each Swing Loan is due and payable on the earliest to occur of (Aa) seven four (74) Business Days after the date of the making of such Swing Loan, (Bb) the date of the next borrowing Borrowing under the Revolving Credit Commitments that is not a Swing Loan, and (Cc) the Revolving Loan Maturity Credit Termination Date, and (d) the last day of any calendar quarter. Except as otherwise provided in Section 3.1(b4.1(d), Swing Loans shall bear interest at a rate per annum equal to the Swing Loan RateFederal Funds Rate plus the Applicable Margin for Base Rate Loans.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Mills Corp)
Repayment and Interest. Each Swing Loan is due and payable on the earliest to occur of (A) seven (7) Business Days after the date of the making of such Swing Loan, (B) the date of the next borrowing under the Commitments that is not a Swing Loan, and (C) the Revolving Loan Maturity Date, and (D) the last day of any calendar month. Except as otherwise provided in Section 3.1(b), Swing Loans shall bear interest at a rate per annum equal to the Swing Loan Adjusted Base Rate.
Appears in 1 contract
Repayment and Interest. Each Swing Loan is due and payable on the earliest to occur of (Aa) seven four (74) Business Days after the date of the making of such Swing Loan, (Bb) the date of the next borrowing Borrowing under the Revolving Credit Commitments that is not a Swing Loan, and (Cc) the Revolving Loan Maturity Credit Termination Date, and (d) the last day of any calendar quarter. Except as otherwise provided in Section 3.1(bSECTION 4.1(d), Swing Loans shall bear interest at a rate per annum equal to the Swing Loan RateFederal Funds Rate plus the Applicable Margin for Base Rate Loans.
Appears in 1 contract