Common use of Restriction on Prepayment of Indebtedness Clause in Contracts

Restriction on Prepayment of Indebtedness. Neither Borrower nor the REIT shall prepay the principal amount, in whole or in part, of any Unsecured Indebtedness other than the Obligations after the occurrence of any Event of Default.

Appears in 1 contract

Samples: Loan Agreement (Starwood Lodging Corp)

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Restriction on Prepayment of Indebtedness. Neither the Borrower nor the REIT shall will prepay the principal amount, in whole or in part, of any Unsecured Indebtedness Debt other than the Obligations after the occurrence of any Event of Default.

Appears in 1 contract

Samples: Credit Agreement (Sun Communities Inc)

Restriction on Prepayment of Indebtedness. Neither Borrower nor the REIT shall prepay the principal amount, in whole or in part, of any Unsecured Indebtedness Debt other than the Obligations after the occurrence of any Event of Default.

Appears in 1 contract

Samples: Line of Credit Agreement (Sun Communities Inc)

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Restriction on Prepayment of Indebtedness. Neither Borrower the Company nor the REIT shall prepay the principal amount, in whole or in part, of any Unsecured Indebtedness Debt other than the Obligations after the occurrence of any Program Event of Default.

Appears in 1 contract

Samples: Facility and Guaranty Agreement (Sun Communities Inc)

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