Common use of REPAYMENT OF FUNDS ADVANCED Clause in Contracts

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Administrative Agent or any Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Administrative Agent upon demand, together with interest at the rate applicable to the principal balance of the Loan from the date the funds were expended.

Appears in 16 contracts

Samples: Loan Agreement (Howard Hughes Corp), And Consolidated Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Construction Loan Agreement (Imax Corp)

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REPAYMENT OF FUNDS ADVANCED. Any funds expended by Administrative Agent or any Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Administrative Agent upon demand, together with interest at the rate applicable to the principal balance of the Loan from the date the funds were expended.

Appears in 1 contract

Samples: Loan Agreement (Taubman Centers Inc)

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Administrative Agent or any Lender in the exercise of its rights or remedies under this Agreement and and/or the other Loan Documents shall be payable to Administrative Agent or such Lender upon demand, together with interest at the rate applicable to the principal balance of the Loan from the date the funds were expended.

Appears in 1 contract

Samples: Loan Agreement (Ryman Hospitality Properties, Inc.)

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Administrative Agent or any Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be Liabilities secured by the Properties and other collateral under the Loan Documents, payable to Administrative Agent upon demand, together with interest at the rate applicable to the principal balance of the Loan Notes from the date the funds were expended.

Appears in 1 contract

Samples: Loan Agreement (Highland Hospitality Corp)

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REPAYMENT OF FUNDS ADVANCED. Any funds expended by Administrative Agent or any Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Administrative Agent upon demand, together with interest at the rate applicable to the principal balance of the Loan Facility from the date the funds were expended.

Appears in 1 contract

Samples: Revolving Loan Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

REPAYMENT OF FUNDS ADVANCED. Any funds expended by Administrative Agent or any Lender in the exercise of its rights or remedies under this Agreement and the other Loan Documents shall be payable to Administrative Agent upon demand, together with interest at the rate applicable to the principal balance of the Loan Notes from the date the funds were expended.

Appears in 1 contract

Samples: Credit Agreement (Highland Hospitality Corp)

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