Specific Amendments to Credit Agreement. Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows:
(a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:
Specific Amendments to Credit Agreement. The Credit Agreement is hereby amended as follows:
(i) The following defined terms are hereby added to Section 1.02 of the Credit Agreement in the proper alphabetical order:
Specific Amendments to Credit Agreement. The parties hereto agree that the Credit Agreement is amended as follows:
(a) The Credit Agreement is amended by restating the definition of “LIBOR” set forth in Section 1.1. thereof in its entirety as follows:
Specific Amendments to Credit Agreement. Article I of the Credit Agreement is hereby amended by revising the following defined term in its entirety to read as follows:
Specific Amendments to Credit Agreement. The parties hereto agree that the Credit Agreement is amended as follows:
(a) The definition of “Capitalized Value” is hereby deleted in its entirety and shall be replaced by the following:
Specific Amendments to Credit Agreement. Subject to the satisfaction of the conditions precedent set forth in Section 2 below, the parties hereto agree that the Credit Agreement is amended as follows:
(a) The Credit Agreement is amended by adding the following definition of “First Amendment Effective Date” in Section 1.01 in the correct alphabetical order:
Specific Amendments to Credit Agreement. Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows:
(a) The Credit Agreement is amended by replacing the table in clause (a) of the definition of “Applicable Margin” contained in Section 1.01 thereof in its entirety with the following: Level Ratio of Total Outstanding Indebtedness to Capitalization Value Applicable Margin for LIBOR Loans Applicable Margin for Base Rate Loans 2 > 0.35 to 1.00 but < 0.40 to 1.00 1.100% 0.100% 3 > 0.40 to 1.00 but < 0.45 to 1.00 1.150% 0.150% 4 > 0.45 to 1.00 but < 0.50 to 1.00 1.250% 0.250% 5 > 0.50 to 1.00 but < 0.55 to 1.00 1.300% 0.300% 6 > 0.55 to 1.00 1.500% 0.500%
(b) The Credit Agreement is further amended by replacing the table in clause (b) of the definition of “Applicable Margin” contained in Section 1.01 thereof in its entirety with the following: Level Credit Rating (S&P/Xxxxx’x/Fitch) Applicable Margin for LIBOR Loans Applicable Margin for Base Rate Loans
(c) The Credit Agreement is further amended by replacing the table in clause (a) of the definition of “Facility Fee” contained in Section 1.01 thereof in its entirety with the following:
Specific Amendments to Credit Agreement. The parties hereto agree that the Credit Agreement is amended as follows:
(a) Section 1.1(a)(i) (Line of Credit) of the Credit Agreement is hereby amended by deleting the reference to “May 1, 2018’’ and replacing it with a reference to “March 1, 2021 (the “Expiration Date”)”.
(b) The Credit Agreement is hereby amended by adding a new Section 1.3(e) (Unused Fee) in appropriate numerical order therein as follows:
Specific Amendments to Credit Agreement. Upon the satisfaction of each of the conditions set forth in Section 2 of this Amendment, the parties hereto agree that the Credit Agreement is amended as follows:
(a) The Credit Agreement is further amended by restating the definitions of “Applicable Margin”, “Development Property”, “Federal Funds Rate”, “LIBOR”, “Material Adverse Effect”, “Material Indebtedness”, “Material Subsidiary”, “Nonrecourse Indebtedness”, “Post-Default Rate”, “Regulatory Change”, “Solvent”, “Taxes”, “Total Asset Value” and “Unencumbered Asset Value” contained in Section 1.1. thereof in their entirety as follows;
Specific Amendments to Credit Agreement. The parties hereto agree that the Credit Agreement is amended as follows:
(a) The Credit Agreement is amended by restating the definitions of “Applicable Facility Fee”, “Applicable Margin”, “EBITDA”, “Funds From Operations”, “Gross Asset Value”, “Operating Real Estate Value”, “Swingline Note” and “Total Budgeted Cost Until Stabilization” set forth in Annex I to the Credit Agreement in their entireties as follows:
