Common use of Right to Complete or Partial Termination of Facilities Clause in Contracts

Right to Complete or Partial Termination of Facilities. Subject to the terms and conditions of this Article, the Borrower shall have the right to permanently reduce the Variable Facility Commitment and the Fixed Facility Commitment in accordance with the provisions of this Article.

Appears in 5 contracts

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc), Master Credit Facility Agreement (Mid America Apartment Communities Inc)

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Right to Complete or Partial Termination of Facilities. Subject to the terms and conditions of this Article, the Borrower shall have the right from time to time to permanently reduce the Variable Facility Commitment and and/or the Fixed Facility Commitment in accordance with the provisions of this ArticleCommitment.

Appears in 4 contracts

Samples: Master Credit Facility Agreement (Camden Property Trust), Master Credit Facility Agreement (Education Realty Trust, Inc.), Master Credit Facility Agreement (Camden Property Trust)

Right to Complete or Partial Termination of Facilities. Subject to the terms and conditions of this Article, the Borrower shall have the right to permanently reduce the Variable Facility Commitment and and/or the Fixed Facility Commitment in accordance with the provisions of this ArticleCommitment.

Appears in 4 contracts

Samples: Master Credit Facility Agreement (Sun Communities Inc), Master Credit Facility Agreement (Sunrise Assisted Living Inc), Master Credit Facility Agreement (Bre Properties Inc /Md/)

Right to Complete or Partial Termination of Facilities. Subject to the terms and conditions of this Article, the Borrower shall have the right to permanently reduce the Variable Revolving Facility Commitment and the Fixed Base Facility Commitment in accordance with the provisions of this Article.

Appears in 3 contracts

Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

Right to Complete or Partial Termination of Facilities. Subject to ------------------------------------------------------ the terms and conditions of this Article, the Borrower shall have the right to permanently reduce the Variable Revolving Facility Commitment and the Fixed Base Facility Commitment in accordance with the provisions of this Article.

Appears in 2 contracts

Samples: Master Credit Facility Agreement (United Dominion Realty Trust Inc), Master Credit Facility Agreement (United Dominion Realty Trust Inc)

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Right to Complete or Partial Termination of Facilities. Subject to the terms and conditions of this ArticleArticle 5, the Borrower shall have the right to permanently reduce the Variable Facility Commitment and and/or the Fixed Facility Commitment in accordance with the provisions of this ArticleCommitment.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Sun Communities Inc)

Right to Complete or Partial Termination of Facilities. Subject to the terms and conditions of this ArticleArticle 9, the Borrower shall have the right to permanently reduce the Variable Facility Commitment and the Fixed Facility Commitment in accordance with the provisions of this ArticleArticle 9.

Appears in 1 contract

Samples: Master Credit Facility Agreement (Mid America Apartment Communities Inc)

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