Common use of Repayment of the Line of Credit Clause in Contracts

Repayment of the Line of Credit. Pacific Office and Xxxxxxx Equities hereby acknowledge that the Line of Credit is to be repaid by Pacific Office and that Xxxxxxx Equities has no obligation to the Lender and/or to Pacific Office to repay the Line of Credit, in whole or in part.

Appears in 7 contracts

Samples: Indemnification Agreement (Pacific Office Properties Trust, Inc.), Indemnification Agreement (Pacific Office Properties Trust, Inc.), Indemnification Agreement (Pacific Office Properties Trust, Inc.)

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